Monthly Archives: October 2010

What is a Conduit Municipal Bond?

Someone at work gave me an article from the Wall Street Journal titled “When Muni Bonds go Private” by Jeannette Neumann and I was immediately intrigued.  Call me ignorant but the title of the article just didn’t make sense…how could a municipal bond be private? But the article provides the answer and to put itContinue Reading

Creating a New Alternative Stream of Income–My First Non-Blog Website Part I

Since I started this blog, I have talked about why I believe that multiple streams of income is the best way to accumulate wealth and why I want multiple streams of income.  To meet my goal I have used this personal finance blog, my dividend income portfolio, my very small law practice…and now my newest website, Pregnancy Pool. Continue Reading

Does this High Net Worth Individual’s Balance Sheet Inspire or Depress You?

Everyday I have a high net worth balance sheet put in front of my face.  Everyday I will put together a balance sheet that will go way north of the $1,000,000 that people tend to strive for, but most won’t make. There seems to be a disgusting amount of class warefare going on in today’sContinue Reading

Is Overdrafting Your Checking Account Worse Than Getting a Payday Loan?

Overdrafting Your Checking Account is Worse Than Getting a Payday Loan Hypothetical question: Your bills are due and your car needs gas, but your bank account is empty. You need to borrow $100 for 2 weeks. Your options are: Overdraft your checking account, once, at a Bank of America ATM Run up credit card debtContinue Reading

If You Have a Child With Special Needs Please Be Careful When Making Financial Moves

The office I work at has a prominent Special Needs Planning department, and when meeting with one of the planners on a separate case he to me a horrible about parents making financial decisions without fully understanding the ramifications to their child with special needs.  The situation is probably more common than you would expectContinue Reading

What Would The British Do For Money

The current financial climate indicates that times are hard, so some free money would be a nice little bonus, wouldn’t it? Research carried out by UK based MoneySupermarket.com details how far the British are prepared to go for £400, which in the US equals $634. Based on the research, we found out half of theContinue Reading