Tag Archives: Rant

Buying an Asset with a Mortgage or Debt Doesn’t Necessarily Change your Net Worth

I got into an interesting conversation with a commenter the other day on another blog and it made me realize that there are some people out there who don’t actually understand some of the basics of Personal Finance. I don’t talk about the basics to often on My Journey to Millions, because quite frankly, howContinue Reading

It is Probably About Time to Grow The Fuck Up

The topics I discuss on My Journey to Millions range from estate planning to myheated rants and despite being passionate about a lot of the issues I discuss, I try to keep this blog professional.  Notwithstanding, you can probably guess from my title I read an article today that actually made me want to throwContinue Reading

Bank of America’s New Fee is Yet Another Example of Congressional Ineptness

Sometimes when I read Congressional Members’ rationale for certain bills it makes me literally want to rip my hair out of my head.  Luckily I refrain since I am the only one of my brothers with hair left.  It is ridiculous that no one seems to learn the law of unintended consequences. A Company existsContinue Reading

Retirement is Likely to Be Different for Generations to Come

Center for a secure Retirement just released the results of a new survey titled, “Middle Income Boomers, Financial Security and the New Retirement” and the results while interesting don’t really seem all that shocking.  According to the study the key findings are (and my thoughts), Two-thirds (67%) of middle-income Boomers say their retirement will beContinue Reading

Open Letter to Congress: Stay Away from Business Credit Cards

I was shocked and then disappointed when I read the title of a recent WSJ article, “Lawmakers Urge Crackdown on Business Cards.”  The Author, Jessica Silver-Greenberg, sums up the request from the usual players in the world of “Americans are too stupid to take care of themselves” A group of four U.S. Senate Democrats, includingContinue Reading

Why Investment Services or Subscriptions Probably Don’t Make Sense to Purchase

I have a friend of a friend who works for a hedge fund and whenever I have a few drinks with him I try to understand what he does.  From what I can gather he has created an algorithm that tells him when to buy and sell stocks, derivatives and currencies on a large scale. Continue Reading