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Do You Trust Your Life Insurance Person?
I have to tell you, these days I’m getting more wary about the insurance people I talk to, including the people who supposedly represent me. Sometimes I’m just not sure what they’re saying, or whether I believe them to be representing me more than they’re representing themselves.
Here’s my story. Since 1997, after I got married, [...]
Bank Of America Eliminates Some Overdraft Fees
Everyone might not see it this way, but I think this is a pleasant surprise.
Bank of America has taken the proactive step of saying that they’re eliminating overdraft fees on debit card purchases. Well, that’s kind of a misnomer, but it works for the moment.
What they’re going to do if you use your debit card [...]
Could too many financial products be ruining your finances? Part 1
When I first took up running, I went into the store, looked at a wall of specialty shoes- stability, control, neutral cushioned, performance etc. etc.- and just blanked out. Were my feet so screwed up that I needed a special shoe? What if I bought these specialized shoes, at a whooping cost of $200, and [...]
Balancing active management & passive management
Life has little absolutes- death, taxes and change come to mind- but, yet, the discussion between active management vs. passive management assumes that one absolutely has to be in one corner or the other. Either one is an active portfolio manager in an attempt to outperform the market or one makes as little decisions as [...]
Who really makes money predicting the end of the world?
Nouriel Roubini, arguably next to Ben Bernanke, is the world’s foremost media darling economist (to the extent any economist is appealing to the masses). It was Roubini who predicted the end of the global real estate bubble in 2006 and continues to believe that the worst is yet to come. In March 2009 he predicated [...]
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