moneyFYI
Financial Freedom Is Merely Organized Common Sense
Tag: interest
A View of Financial Plannning
Financial planning does not work the way most people think. At least not in the beginning. Financial planning is not about making you wealthy or even secure. It is about getting the most of what you want by using the least of the resources… Continue Reading “A View of Financial Plannning”
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Bewitched or Not?
For many, the idea of twitching the nose and achieving instant solutions to complicated problems seems a fine skill. In the ’60’s Elizabeth Montgomery as Samantha Stevens on TV’s Bewitched solved many this way. Fictional daughter Tabitha carried on the tradition. The skill is… Continue Reading “Bewitched or Not?”
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Einstein Was Wrong
Einstein reputedly said “Compound interest is the most powerful force in the universe.” I suppose it is possible that he said that, but I doubt it. Compound interest was not a point of discussion when Dr. Einstein was young and was barely considered by… Continue Reading “Einstein Was Wrong”
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Sell Alaska
No one ever went broke taking a profit. Maybe it is time for the Americans to sell Alaska. Steve Mufson of the Washington Post published this piece on December 14th. To solve our debt problems, let’s sell Alaska His thesis is that Alaska is… Continue Reading “Sell Alaska”
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Try It. You’ll Like It.
I have been watching the American election process with some interest. If a Martian appears, I think he will wonder what it is all about. Since he knows everything about democracies and elections, he would be incredulous. From his viewing point, elections are to… Continue Reading “Try It. You’ll Like It.”
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Small Expenditures Are Hard To Contextualize.
The Bank of Montreal today (25 September 2012) reported that Canadians spend $3,720 per year on impulse purchases. Not so good for the savings plan but possibly they are mental health treatments. Buying something just because you want it cheers up an otherwise bad… Continue Reading “Small Expenditures Are Hard To Contextualize.”
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