Sentient Money

This is one of my favorite holidays. You get a long weekend in a month of the year that isn’t blazing hot or ridiculously cold, you don’t have to buy presents, as it’s not a corporate holiday, and it actually honors people who offered a sacrifice for the greater good.
Plus, there is good beer. [...]

The oil traders were taking profits today, thus easing the fears of the market and allowing a small recovery. Don’t be fooled by the slight bump the markets will receive tomorrow from further selling in oil. No one wants to hold the kind of profit these traders have made over a 3 day [...]

Recently a blogger on Wisebread wrote a post comparing the old fable of the Ant and Grasshopper to the current mortgage crisis. I liked the comparison, but the story ends before the question is answered. Should the ant help the grasshopper?
This question is pertinent at this time as a mortgage relief bill is [...]

In our society charitable giving is greatly encouraged. It is promoted in a fashion that suggests if you don’t give you are a heartless cretin who only cares for him or herself. How could you not give to the starving children? How can you not tithe to your church?
Well, there are a [...]

Don’t expect a huge bump-up in the economy when the main portion of the stimulus checks arrives.  Per a Harris Poll released May 5, 38% of respondents will use the money to pay down non-mortgage debt, and 35% will put it directly into their savings accounts.
Both of these options are good personal finance options, but [...]

Yesterday, I wrote about the direction of the economy. Today, CNN Money published an interview with one of the greatest investors ever, George Soros, on the economy. Now whatever you think of him politically, it can’t change the fact he came from nothing and is now worth $9 billion largely on his own [...]

This is very difficult to forecast, as we are at an inflection point in our economy.  A much more difficult forecast than it was back in the fall, when I pulled roughly 70-80% of my money out of the stock market.  Maybe, I’m the only one that thinks that, but to me it was blatantly [...]

Ok, this is my first real post, and I have decided to go right at the heart of the personal finance world…the 401k. My company’s 401k is crap, and I’m not contributing to it anymore! I know this goes against conventional wisdom, but I’m tired of getting poor returns with high expenses.
Overall, the [...]