Why Value Investing Works – The Myth of Efficient Markets

Eugene Fama is generally credited with creating the academic model of Efficient Markets in his Phd. thesis at University of Chicago. At its very basic, the weak form of Efficient Market Hypothesis states that the securities prices reflect ALL publicly available information. The semi-strong form of EMH further states that any new public information isContinue Reading

The Banking Technology Revolution Has Made me a Great Customer

I think it is because I completely romanticize the idea of a credit union.  I imagine walking into the bank and being known by the employees. I imagine asking for a car loan or mortgage and practically have the best rate in the country shoved in my face.  I imagine savings/CDs rates that are doubleContinue Reading

Have You Ever Recovered from Bad Credit?

The first step you must take to recover from bad credit is to know what is on your credit report. You are legally entitled to one free credit report each year. Make sure that everything on your credit report is actually valid. It is not unusual for credit reports to contain mistaken information. If youContinue Reading

The Fundamental Difference Between Conservatives and Liberals When it Comes to Equality

Every morning while getting ready for work I have CNBC on as background noise, and I saw a commercial the other morning that really got me to thinking about something other than money and personal finance.  It was some MSNBC anchor talking about he just wants, “equality” and I immediately thought to myself, “who besidesContinue Reading

Half Way Through 2011 Reviewing my Goals and Objectives

I religiously check out all the blogs on my blogroll and today I came across an article that really caught my attention by Crystal who writes over at Budgeting in The Fun Stuff.   It wasn’t a breakthrough in Personal Finance or a new tax code, rather it was her post holding herself accountable to herContinue 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