Archive | January, 2006

Data Shows Wages Flat Over Past Two Years

CNN reports statistical data from the U.S. Bureau of Labor Statistics. From mid-2003 to mid-2005, some counties had moderate wage growth of about 3%, whereas others had losses of up to 4%. Overall, the average American’s inflation-adjusted wages were nearly flat.

Is Now A Better Time To Rent Than Buy?

I’m not the first to broach the subject of buying versus renting a home, but I was surprised by what I learned from the February issue of Best Life. On page 30, in an article titled “Rental Case”, they discuss evaluating the home rental market in a way similar to stocks. They [...]

Americans Tie Portuguese For Being World’s Worst Savers

Americans are the world’s worst savers. Well, almost - they’re actually tied with the Portuguese.
The results are from a recent ACNielsen survey - CNN reports the results with statistics on consumer spending and saving.

When Do You Sell A Stock?

The Saturday Evening Post has a great article called When to Sell a Stock. They incorporate the views of Buffett and Phillip Fisher, and the idea they put forth is this: if you understood the story of the company and did your due diligence before buying the stock, the only reason to sell [...]

Do You Experience Paycheck Paralysis?

CNN’s got a great article about why building their net worth is hard for young adults in their 20s and 30s. One theory - that the piles of student loans, credit cards, car loans, and other regular debt payments have got most people all tapped out. They call this “paycheck paralysis”.

Counting Beyond Three

Take a look at this picture. What do you see?
For the sake of argument, those dots represent the last three closing prices of a stock. The last three days the stock market was open, that’s the last price it sold at.
The exact stock ticker is not important. In fact, the exact price [...]