Weekend Links: Snowflakes And More

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Here are some more links from my weekend reading:

Nina of Queercents found out the hard way that Home Equity Lines of Credit (HELOCs) can be revoked! It was done because her property value had dropped significantly, which makes sense. But not only was it through no adverse action of her own, she had to pay closing costs and various other fees upfront. A classic case of heads I win, tails you lose.

NCN of No Credit Needed has been blogging about living without credit and getting out of debt for two years now. You can read virtually all he knows about debt reduction here.

Heard of the debt snowball? Jaimie of PaidTwice explains the related concept of debt snowflakes. Via Get Rich Slowly.

Pinyo of Moolanomy shares an interview with author Larry Swedroe. I’ve actually got two of his books sitting on my desk right now – the newer Wise Investing Made Simple and the classic The Only Guide to a Winning Investment Strategy You’ll Ever Need. Too bad all this house-buying stuff is getting in the way of me reading them!

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  1. Thank you for mentioning Larry’s column on my blog. Coincidentally, I have the two same books by Larry. I love Wise Investing Made Simple, because I love storytelling. I am reading “The Only Guide…” but it’s taking a bit longer than I thought because I have a lot of distractions going on.

  2. Next to William Bernstein’s “Four Pillars of Investing,” Swedroe’s the “Only Guide…” is my favorite investing book.

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