I just ran across this fascinating video. Created by Jonathan Jarvis, the video breaks down the credit/mortgage crisis in under twelve minutes. Sure, there’s some simplification involved, but it all ultimately boils down to one disgusting word anyway – GREED. Take a coffee break and watch this. It’s worth it. The Crisis of Credit Visualized [...]
The Credit Crisis Explained in 11 Minutes
Posted 19 February 2009 by Mr. BTagged As: | Categories: Market | 1 Comment
The Official Savings Rate (APY) Change Post
Posted 18 February 2009 by Mr. BTagged As: | Categories: Savings | 14 Comments
To help facilitate easier updating for the official Savings Rate Wiki, I’ve decided to create this post as a central placeholder. I try to stay on top of rate changes as best I can, but rates are falling fast (as of this writing). I could use your help. Here’s where you come in. If you [...]
Desperately Seeking a Job
Posted 28 January 2009 by Mr. BTagged As: | Categories: Education, Frugal living | 2 Comments
I generally try to post information that is useful and helpful to other people, but now and then I need to reserve a post for an outpouring of personal information and emotion. This is one of those posts. I admit: I’m downright nervous about jobs, or in this case, the lack thereof. As some of [...]
Savings Rate Wiki – Complete Overhaul
Posted 23 January 2009 by Mr. BTagged As: | Categories: Banking, Savings | Comments Off
I just performed a complete overhaul of the savings rate wiki. It was in dire need of an update, and bank rates have been dropping so frequently that almost every existing rate changed. Wow. Some highlights Dollar Savings Direct is no longer 4.00%. Oh how far the mighty has fallen! It is now down to [...]
The Great Portfolio Pummeling of 2008
Posted 2 January 2009 by Mr. BTagged As: | Categories: Market, Mutual funds, Retirement | Comments Off
A New Year is upon us. At the end of a year, I normally have feelings of pensiveness and of reflective nostalgia about the year past and the inexhaustible marching forward of time. This time, not so much. Sure, I still have those nostalgic feelings on a personal level, but economically, I’m ready to kick [...]
Merry Christmas from Interesting Money!
Posted 24 December 2008 by Mr. BTagged As: | Categories: Uncategorized | 1 Comment
No matter who you are, where you are, or what your lot is in life, I wish you a heartfelt Merry Christmas from Interesting Money! My hope is that you are able to devote time to friends, family, and other loved ones this time of year. This past year has been rough financially, and I [...]
Sigh. Fed Cuts Rate to Almost Zero Percent
Posted 16 December 2008 by Mr. BTagged As: | Categories: The Fed | 1 Comment
As expected, the Fed cut its key lending rate to almost 0% today. Apparently, it’s in a variable range between 0% and 0.25%. Wow. I suppose the only good news here is that the Fed really has no more room to slash rates. All it can really do now is pump billions/trillions of dollars into [...]
