Cash for clunkers was a failure. Let’s discuss the cash for clunkers program in more detail. The latest development in the “Cash For Clunkers” legislation is that it may be extended for one more month until labor day. Under the program, buyers of new cars and trucks can get rebates of $3,500 to $4,500 by […]
Cash For Clunkers = Personal Finance BOMB! Read More »
Yes, I know I’m being a tad bit facetious here, but not really. After getting US$45 billion in government aid, the US government and we the people of America own roughly 36% of Citigroup. The interesting debate is whether Citigroup employee, Andrew J Hall should be paid his $100 million bonus as described in his
Government Employee Entitled to A $100,000,000 Bonus! Read More »
The correct change is a Financial Samurai original post. It discusses my thoughts about being frugal and optimizing our money. The California Muni Bus system recently raised their one way fare from $1.5 to $2, as they desperately try to pay for another mismanaged government agency. When the fare was $1.5, sometimes you had to
The Correct Change Read More »
The S&P 500 index has rallied 40%+ from its March 2009 low, and is up 8% Year To Date. Despite this solid performance, unemployment has surged to 9.7%, and many forecast the increase will continue until 11-13% unemployment. We’ve got 12% unemployment here in California already. The question I have is: How high can the
How High Can Unemployment Go Before We Derail? Read More »
With California heading towards the abyss and taxes rocketing to the moon, I’ve toyed with the idea of moving to Nevada. Here’s an article in the San Francisco Chronicle highlighting homeless 24 year olds and rising unemployment even in a rich suburb such as Marin County. From this other article, we learn that from the
Move to Nevada And Make 10% More Money Per Annum Forever Read More »
The great thing about personal finance is that it is just that – personal. We all have different lifestyles, income sources, spending habits, goals, and financial responsibilities. Thus, the amount we each need to reach financial independence is unique. What’s your financial independence number? If one can accumulate $3 million in cash, that should be
What’s Your Financial Independence Number? Read More »
