The Detroit Bankruptcy Should Teach You that Nothing is Guaranteed with your Finances

We are years away from understanding the full impact and consequences of Detroit’s recent decision to file a Chapter 9 Bankruptcy.  There will be lawsuit after lawsuit and motion after motion to determine what and how the Courts will handle the Country’s largest municipal bankruptcy.  The current estimates have us at about $18 Billion debtContinue Reading

Do You Have a Right to Choose Your Child’s Degree or Major?

I tweeted this picture a little over a week ago: The conversation became lively but left me with the question – can a parent who is paying for college choose a degree or major? Can a Parent Choose a Child’s College Degree? I think the answer depends on how involved the parent is on a financial level.Continue Reading

Dividend Investment Portfolio July 2013 Watchlist Update

This (along with every other) update takes a snapshot of certain metrics. Ideally, I would revisit these metrics every single time I went to buy stocks, but my investment schedule is erratic based on unpredictable income and these updates take 90mins+ since everything is done by hand. I would love to figure out a wayContinue Reading

I Am Not Convinced That the American Dream Isn’t a Nightmare

Lets say I offered you an investment that: Is highly illiquid If you do sell there are tremendous surrender charge like fees At any time I can ask you to put more money into it that may or may not raise your principal investment, but if you don’t put that money your principal investment willContinue Reading

How Many Fakers Are Out There?

I have increased my obsession with CNBC’s American Greed in the past couple months.  I think the increase has been due to the fact that since we moved I went to a different cable company than the one I had for the previous five years, so it takes a good 35 mins to get throughContinue Reading

Happy Fourth of July – Take a Moment to Read the Declaration of Independence

Just take a moment to actually read the document that started this experiment we call the United States The Declaration of Independence IN CONGRESS, July 4, 1776. The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bandsContinue Reading