Archive for October, 2007
Portfolio Simplification Begins
A couple weeks ago I mentioned that I was considering simplifying my financial life by putting more of my eggs into one basket. In my case, my financial “basket” is Vanguard, but I’m sure other companies (such as Fidelity, Schwab, or E-Trade) would work just as well.
Why Simplify?
First of all, why bother with simplifying? Right [...]
A Day in the Life of a Bankrupt Man - Insight 3
Today we once again meet Jim, our soon-to-be-bankrupt friend. Poor Jim just can’t catch a break - every time he comes close to breaking free from the “living month-to-month” cycle, something (or someone) pulls him back into the fray.
Remember that Jim’s parents are bankrupt, and have been for over eight years now. They have [...]
E-Trade Drops Rate, Thoughts on Simplification
(Rates may be out-dated. Please see the Current APY Wiki for updates)
As much as I hoped against it, I knew it was inevitable. Yesterday E-Trade dropped their savings account rate from 5.05% to 4.70% APY. My heart sank about 35 basis points.
Of course, the rate dropped only one week after I moved the bulk [...]
