Think Your Mutual Fund Fees Are High?

By Ron | Apr 18, 2008

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In USA Today (courtesy of the Hampton Inn), I read an article in the money [...]

6 Simple Financial Tools

By Ron | Apr 17, 2008

In physics, there are 6 simple machines that help accomplish work through the application of a single force. I was struck by how different financial tools nest quite nicely with the same line of thought. Here are the 6 simple machines and how they apply to our finances:
The inclined plane is a flat surface with [...]

8 Ways to Cut Your Clothing Costs

By Ron | Apr 16, 2008

Ah, summer is almost here and I will be pulling out the short sleeved shirts, shorts, and lightweight summer clothing. Did you ever think that clothing carries a storage cost? It takes time to clean, fold, pack, and carry to the attic all those clothes, time I could spend doing something else.
Clothing also carries [...]

Why I Believe the Efficient Market Theory Is Bunk

By Ron | Apr 15, 2008

The Efficient Market Theory (a.k.a. Efficient Market Hypothesis), says that markets are completely efficient and that all prices in the market already reflect the available knowledge and expectations of investors.
Subscribing to this theory means that no one is able to consistently beat the market and that index funds are your only hope of making money. [...]

Why I Pay More For Everything

By Ron | Apr 14, 2008

In the book Freakonomics [Revised and Expanded]: A Rogue Economist Explores the Hidden Side of Everything, the authors say that morality is defined by how the world should work while economics is defined by how the world actually does work. People are driven by incentives and trade offs. No where is that more visible than [...]

Weekend Roundup and Link Love - 1st Book Drawing Winner Edition

By Ron | Apr 13, 2008

We have a winner for my first book drawing! The book was Good to Great: Why Some Companies Make the Leap… and Others Don’t and the winner is Mark Rossol from Pennsylvania. Congratulations Mark!
My next drawing is in two weeks and the book I’ll be giving away is The 4-Hour Workweek: Escape 9-5, Live Anywhere, [...]

7 Career Myths Exposed

By Ron | Apr 11, 2008

We have manage our careers just like we manage other things in our lives. We manage our finances by closely scrutinizing our income and expenditures in relation to how we would like them to function, making adjustments all along the way. We manage our time by observing how we spend it in relation to how [...]

Follow Me On Twitter

By Ron | Apr 10, 2008

Twitter has become a popular way to stay in touch with people on a continual basis. It limits you to 140 characters so anything you write on Twitter is short and sweet. You can have updates (tweets!) sent via the web to your home page or to your mobile phone via text message.
If you [...]

An Open Letter From Employees To Bosses

By Ron | Apr 10, 2008

We, your employees, are in the position to make you look very good. We want to do so. You have the power to enable us to make you look good, and to protect us from silly bureaucracy and ridiculous management power struggles.
Many of us have been hired from outside the company, supposedly, because of what [...]

10 Gasoline Cost Saving Tips for Your Wallet

By Ron | Apr 9, 2008

We have to face the facts: driving is an unavoidable activity for most Americans. It isn’t feasible for everyone to bicycle or walk to work, but since today’s gasoline costs can so easily drain your wallet, people are beginning to consider these short-term and long-term solutions for conserving fuel:

Empty your car instead of your wallet. [...]

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