When to Invest in Individual Stocks

In the wake of the Facebook IPO, many of my finance geek friends were decrying the event (and the attendant media kerfuffle) as terrible for individual investors. The problem, went the argument, was that “knowing” Facebook as we all do, and hoping some of the riches of the company’s founders would rub off on us, […]

Information Begets Efficiency

The efficient market hypothesis holds that financial markets digest (and reflect) any information that might reasonably provide clues as to the true value of an investment so quickly that one cannot consistently outperform the market on a risk-adjusted basis. In other words, under the efficient market hypothesis, market prices are thought to instantaneously reflect all […]

Giving Distressed Homes New Leases on Life

As with so many other things, the world of real estate tends to move in cycles. For proof, just look at the markets for single-family homes and apartments. It wasn’t that many years ago that every American was buying a home. If you didn’t own a home, people demanded to know why. What were you […]

Gas Prices, Revisited

Today is Memorial Day. In addition to be an important American holiday, Memorial Day also marks the traditional start of the summer driving season in the United States. I thus thought it would be worth taking another look at gas prices. While gas prices usually jump over Memorial Day weekend and then continue increasing into […]

Credit Card Closed Due to Inactivity

We recently received a letter from Citi about our ThankYou Rewards card. As it turns out, they were writing to let us know that they had closed our account due to an extended period of inactivity: We have closed your Citi ThankYou account due to the length of time that has passed since it was […]

Nine Great Ways to Blow Your Wedding Budget

Money problems are the top reason so many marriages collapse, people say. So if you want your marriage to collapse quickly, why not start the money problems early? Here are nine tips for blowing your wedding budget, leading to more stress than any young couple can handle: 1. Plan your wedding for a Saturday Saturdays […]

Credit Card Fraud Protection Annoyances

I’m currently preparing to leave town for a family vacation. One of my last tasks (aside from actually packing!) was to buy tickets to Disneyland. I know, I know… But hey, with four kids, it’s a blast. 🙂 Anyway, my ticket-buying attempts were initially thwarted by a “temporarily unavailable” Disney ticket site. About an hour […]

Get 100k Bonus Miles from British Airways

Editor’s Note: Thank you for your interest, this offer has expired and is no longer available. Remember a year ago when you could get 100k bonus miles for signing up for the Chase British Airways card? Well, that deal is back, but only for a limited time. As I understand it, you have until June […]

When to Use Income Based Repayment

I paid off the tiny amount of undergraduate student loans I took out quickly — within a few years of graduating. And then I went to business school, where we all mutually assume we’ll make crazy money afterward, so who cares about a few student loans? And at first, I was on plan, and started […]

Bank Error in Your Favor?

What would you do if you discovered that your bank had accidentally extended you 100x more credit than you were approved for? Would you transfer it to your savings account and leave the country? That’s exactly what a New Zealand couple did in 2009 when they discovered their bank had approved them for a $10, […]