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LendingClub Drama: Should Investor-Lenders Be Scared of Bankruptcy?

As an early adopter and IPO participant of LendingClub, I was disappointed to read about their recent happenings. The major financial media outlets have been covering it closely, with summary-style articles from the NYT here and WSJ here. This is … [Read the rest]

Qapital App Review: Rules-Based Automated Savings Account – Free $5 to Start

Before we let them take over the world, computers must first prove their worth by helping us become better savers and investors. Importantly, we humans have a horrible tendency to put off saving when we have to manually do it each and every … [Read the rest]

Do What You Love – If You Can Work For Yourself

"Do what you love and you’ll never work a day in your life." We've all read this saying, and it certainly sounds like a wonderful goal. But is it also being abused by corporate interests? Here's why I might change it to "Do what you love, if … [Read the rest]

Sam’s Club Mom’s and Dad’s Club – Free $10 eGift Card

Sam's Club has a new Mom's and Dad's Club and is giving out free $10 eGift cards to join. Looks like you'll get special offers and free samples targeted for families and children. Fast sign-up, eGift card must be used online. You must use the … [Read the rest]

Raise App: Buy Discounted Gift Cards, $10 off $100 Coupon Code

Updated with $5 new user bonus, limited-time $10 off $100 coupon code. Raise has a new promo code APP10 that takes an additional $10 off $100 minimum if you use their app (links below). Valid for existing users. Now only valid for new users. … [Read the rest]

Jeremy Grantham GMO 7-Year Asset Class Forecast, Q1 2016

I tend to ignore most market predictions, especially the short-term ones. However, I do keep up with a few longer-term forecasts which seem to offer the best combinations of historical data, logic, and common sense. I definitely don't assume they … [Read the rest]

Infographic: New York City Median Rent vs. Subway Stop

We all know that the longer the commute from where everyone works, the lower the rent. In many cities during the housing boom, the saying went "just keep driving until you can afford something". But what if the relationship between commute time … [Read the rest]

Swappa Review: Selling Used Republic Wireless Moto E Phone

I set up a cell phone line with Republic Wireless (RW) in October 2014 for my parents, but they eventually chose to switch over to used iPhones. This meant we had to move off of Republic Wireless and sell their Moto E phone as it wasn't compatible … [Read the rest]

American Airlines Promo: Quick, Free 700 Miles

In celebration of the 35th anniversary of the American Airlines AAdvantage® program, they are running a Miles for Milestones promotion. To get the first 350 miles and enter the 350,000 mile sweepstakes, you just need your name, e-mail, and … [Read the rest]

Navy Federal Credit Union Military Appreciation Month Promotions 2016

Navy Federal Credit Union has solid bank and loan products, including checking accounts with ATM rebates, competitive mortgage rates, and limited-time 0% balance transfer promotions. Readers have commented on their excellent customer service and … [Read the rest]

Mortgages, Imputed Rent, and Early Retirement

In a Quora question What do economists think about buying vs renting a house?, in addition to the previously-mentioned answer by Alex Tabarrok of Marginal Revolution, there was another well-ranked answer by Erik Brynjolfsson, professor at MIT Sloan. … [Read the rest]

Mortgage Rates at 3-Year Lows: Refinance Check Time Again?

Mortgage rates for 30-year fixed loans are at the lowest level in three years, according to this Bloomberg article: The average rate for a 30-year fixed mortgage was 3.58 percent, down from from 3.59 percent last week and the lowest since May … [Read the rest]