Pages tagged finance:

Spending Diary | Track Spending
http://www.spendingdiary.com/

in these dire times it's good to know on what you spend so damn much money!
「 2 」か「 9 」で割ってみる - ナイトシフト
http://d.hatena.ne.jp/nightshift/20090121/1232521713
「 2 」か「 9 」で割ってみる
知らなかったー
言われてみれば当たり前のことだけど、自分では全然考え付かなかった。こういうのを自然に発想できるのが数学のできる人なんだろうな。
これは勉強になる。
へー
Twenty-five people at the heart of the meltdown ... | Business | The Guardian
http://www.guardian.co.uk/business/2009/jan/26/road-ruin-recession-individuals-economy
Hall of shame...if they have any.
The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. In the second part of a week-long series looking behind the slump, Guardian City editor Julia Finch picks out the individuals who have led us into the current crisis
... and six more who saw it coming
Craigslist: The Definitive Craigslist Guide for the Recession
http://lifehacker.com/5135545/the-definitive-craigslist-guide-for-the-recession
To paraphrase one shopping expert, nearly everyone wants better deals on everything these days. Craigslist is a great place to get those deals, and you don't have to be a jerk to get them.
To paraphrase one shopping expert, nearly everyone wants better deals on everything these days. Craigslist is a great place to get those deals, and you don't have to be a jerk to get them.
Use Gmail and Google Docs to ...
http://docs.google.com/View?docid=dg8pkq3t_23zg622tgz
google docs trick for creating personal finance in gmail.
When Talking About Business Models, Remember That Profits Equal Revenues Minus Costs
http://www.avc.com/a_vc/2009/01/when-talking-about-business-models-remember-that-profits-equal-revenues-minus-costs.html
More excellent insight from Fred Wilson about Internet startups, online business models, and revenue vs. cash. Important insight for anyone in business that needs to understand how next-generation economics are not what Wall Street was doing, but what the Web is doing today.
o a business is worth the sum of all of its future profits, discounted back to a net present value (buffet thinks this is the intrinsic value). its a lot easier to decrease costs than increase revenues. forget that ROE is so high for companies like craigslist. have a 1B company on 30 employees. any need to get big and grow.
Good article on Web based business profits, costs and revenues
Global recession - where did all the money go? | Business | guardian.co.uk
http://www.guardian.co.uk/business/dan-roberts-on-business-blog/interactive/2009/jan/29/financial-pyramid
Before the credit crisis, the world was awash with money. Now central banks are pumping in more than ever before and still everyone is short. Dan Roberts explains the illusion of wealth.
The Economy According To Mint
http://www.techcrunch.com/2009/01/30/the-economy-according-to-mint/
Recession spending by sector (US)
The spending data is cool, but it's largely meaningless to use for any decision-making about the state of the economy.
"Mint.com is in a unique position to answer this question – quantitatively. Since the crisis first hit in September, our user registration rate has more than quadrupled, giving us 900,000 sample points on the economy. That’s close to 1% of US households."
The average customer: "are spending $400 less each month than they were a year ago, have burned through half of their savings, and on average have taken on an additional $5k in debt."
Aaron Patzer
Free File Home - Your Link to Free Federal Online Filing
http://www.irs.gov/efile/article/0%2C%2Cid%3D118986%2C00.html
now if you know what you need, you can just download the forms... no income limits
Networking site cashes in on friends - Telegraph
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/4413483/Networking-site-cashes-in-on-friends.html
At the conference, Facebook asked a range of questions to its users around the world, before feeding the answers back to delegates within minutes. It selectively-targeted users in Palestine and then Israel with the same question about global peace, before debating the results at a discussion forum. It also asked 120,000 US members whether US President Barack Obama's economic stimulus package would be enough to save the US economy. Almost 60pc said it would not.
Facebook is planning to exploit the vast amount of personal information it holds on its 150m members by creating one of the world's largest market research databases. In an attempt to finally monetise the social networking site... it will soon allow multinational companies to selectively target its members in order to research the appeal of new products. Companies will be able to pose questions to specially selected members based on such intimate details as whether they are single or married and even whether they are gay or straight.
Market research company eMarketer recently cut its estimate of advertising spending on the social networking sites, including Facebook, MySpace and Bebo, this year by £351m to £912m. It said US advertising spending on Facebook will fall by 20pc to £147m
...und bitte warum regt sich darüber keiner auf?
10 Tax Deductions Freelancers Can Make - FreelanceSwitch - The Freelance Blog
http://freelanceswitch.com/the-business-of-freelancing/10-deductions-freelancers-can-grab/
100 Free Open Courses to Be Your Own Financial Planner - Learn-gasm
http://www.bachelorsdegreeonline.com/blog/2009/100-free-open-courses-to-be-your-own-financial-planner/
abreast
Business & Financial Headlines and Advice | Personal Finance & Savings and Credit Card Debt Advice | Mainstreet.com
http://www.mainstreet.com/
Another interesting blog. Mostly because it doesn't look like one! Really great use of categorization, images, and interactive elements (like polls).
15 Companies That Might Not Survive 2009 - Yahoo! Finance
http://finance.yahoo.com/news/15-Companies-That-Might-Not-usnews-14279875.html
Yahoo! Finance looks at some big companies who are on the razor's edge.
Loehmann's Capital Corp. (Privately owned; about 1,500 employees). This clothing chain has the right formula for lean times, offering women's clothing at discount prices. But the consumer pullback is hitting just about every retailer, and Loehmann's has a lot less cash to ride out a drought than competitors like Nordstrom Rack and TJ Maxx. If Loehmann's doesn't get additional financing in 2009 - a dicey proposition, given skyrocketing unemployment and plunging spending - the chain could run out of cash.
blistering
Taking Apart the $819 billion Stimulus Package - washingtonpost.com
http://www.washingtonpost.com/wp-dyn/content/graphic/2009/02/01/GR2009020100154.html
thought you might be interested in this
The centerpiece of President Obama's domestic agenda is an $819 billion economic stimulus plan. The Senate will consider the measure this week, with an eye toward the amount of tax cuts and spending. Republicans and Democrats spar over what to consider a tax cut. An analysis by the nonpartisan Congressional Budget Office tallies the tax-cut portion to be significantly less than the one-third Democrats claim it to be.
The Washington Post's breakdown of the stimulus package.
not the clearest visualization. could benefit from some compactness, perhaps via mouse interaction/exploration. but definitely a lot of good research and data in here.
12 Mac Apps for Running a Freelance Business « AppStorm
http://mac.appstorm.net/roundups/business/12-mac-apps-for-running-a-freelance-business/
from Chris Foo
AIG Implodes: The Two Cows Version
http://clusterstock.alleyinsider.com/2009/2/aig-implodes-the-two-cows-version
share
http://clusterstock.alleyinsider.com/2009/2/aig-implodes-the-two-cows-version
The Atlantic Online | March 2009 | How the Crash Will Reshape America | Richard Florida
http://www.theatlantic.com/doc/print/200903/meltdown-geography
save
The Crisis of Credit Visualized
http://www.crisisofcredit.com/
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit my website here. or email me at: jonathan.jarvis@gmail.com
This short ten-minute video conveys the essentials of how the credit crisis occurred. It's a great example of information that is be explained using the smallest amount of words and images. It takes something both large and complex and personalizes/simplifies it for the lay audience. If you're looking for tips when putting together a presentation for non-scientists, this is a great resource to look toward for inspiration.
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated.
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world
FinancialStability.gov
http://financialstability.gov/
obama's fc plan
obama plan website
A few weeks ago Obama's new secretary or treasury Tim Geitner unveiled the outlines of a plan to fix the financial crisis in our Country. One of the problems with these massive plans from the government is that citizens want to know exactly where their money is going. This is the treasury secretary's answer to that problem this site will document where all the money for the proposed plan will be documented and will be able to track.
Obama run site to track stimuls package spending
The Crisis of Credit Visualized on Vimeo
http://vimeo.com/3261363
Great little animation that explains why the credit markets have frozen.
The Short and Simple Story of the Credit Crisis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jdjarvis.com.
Astute, approachable, and just plain pretty animated explanation of our current economic situation. Oh, and did I mention INCREDIBLY FRIGHTENING!? Once you realize how simple, and thus fundamental, the underlying problems are, it becomes very difficult to believe in a quick or easy fix. Now, back to stuffing my remaining cash into my mattress...
Financial Crisis, Housing Crisis, Recession, Budget Crisis, What It Means to Your Financial Planning | Personal Finance Blog, Online Money Management, Budget Planner and Financial Planning - Mint.com
http://blog.mint.com/blog/finance-core/a-visual-guide-to-the-financial-crisisthe-bailout/
What do you do if you don't have the money to pay a debt? If you are like most of us, you borrow. The US Government is no different. In order to pay for the $700 billion bailout, it will have to borrow more money, increasing the national debt. But who will pay for this massive bailout? If you are a US taxpayer, you will. Here is a visual guide to understanding how the bailout is funded and a couple of financial experts take on how it could be funded.
What do you do if you don’t have the money to pay a debt? If you are like most of us, you borrow. The US Government is no different. In order to pay for the $700 billion bailout, it will have to borrow more money, increasing the national debt. But who will pay for this massive bailout? If you are a US taxpayer, you will.
A nice graphic showing how the Bailout is being funded
Simple online bookkeeping software
http://outright.com/
Simple and free online bookkeeping software
Online accounting for small business
Simple online bookkeeping software
Online bookkeeping software for small businesses - track sales and expenses, pay estimated taxes on time at Outright.com
Recipe for Disaster: The Formula That Killed Wall Street
http://www.wired.com/techbiz/it/magazine/17-03/wp_quant
"In the mid-'80s, Wall Street turned to the quants—brainy financial engineers—to invent new ways to boost profits. Their methods for minting money worked brilliantly... until one of them devastated the global economy."
Recipe for Disaster: The Formula That Killed Wall Street
http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all
The Nobel winning formula
Food: Make Breakfast Burritos in Bulk for Cheap, Tasty Mornings
http://lifehacker.com/5159235/make-breakfast-burritos-in-bulk-for-cheap-tasty-mornings
YouTube - The Crisis of Credit Visualized - Part 1
http://www.youtube.com/watch?v=Q0zEXdDO5JU
Great explanation of the credit crisis...
The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis.
Information and Aesthetic. Nice.
FRONTLINE: inside the meltdown: watch the full program | PBS
http://www.pbs.org/wgbh/pages/frontline/meltdown/view/
long form documentary on the financial crisis. Audio editing/narrative is strong
10 Essential Money Skills for a Bad Economy | Zen Habits
http://zenhabits.net/2009/02/10-essential-money-skills-for-a-bad-economy/
When it comes to money, the best defense is a good offense. The best way to avoid fallout from the national economy is to take control of your personal economy. By developing smart financial habits, you can remain calm even in the midst of a financial crisis. (Well, mostly calm, anyhow.)
Compare and discuss the %age budget breakdowns.
JD, writing at Zen Habits.
Things I Wish Iíd Been Told
http://www.ir.bbn.com/~craig/things-i-wish.html
Tips For Students with a Bachelors in Computer Science
1143
rson whom auto salespeople want to persuade to buy an expensive car. You can afford something fancy ($35K+ car), but don’t do it. For one thing, ex
FRONTLINE: inside the meltdown | PBS
http://www.pbs.org/wgbh/pages/frontline/meltdown/
"How the economy went so bad, so fast and what Bernanke and Paulson did't see, couldn't stop and weren't able to fix."
Index of /transputer/finengineer
http://www.classiccmp.org/transputer/finengineer/
Crazy collection of financial PDF's
Huge list of articles on finance-related topics
WeSeed - The stock market for the rest of us
http://www.weseed.com/
Fake stockmarket to learn how it works
stockmarketfortherestofus weseed.com
virtual stocks
5 Credit Card Company Tricks — and How to Thwart Them ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/01/26/5-credit-card-company-tricks-and-how-to-thwart-them/
The Worst Is Yet To Come: Anonymous Banker Weighs In On The Coming Credit Card Debacle - Executive Suite Blog - NYTimes.com
http://executivesuite.blogs.nytimes.com/2008/11/25/the-worst-is-yet-to-come-anonymous-banker-weighs-in-on-the-coming-credit-card-debacle/
waive
an interesting blog post on how banks set credit card limits
Today, we are bailing out the banks because of their greedy and deceptive lending practices in the mortgage industry. But this is just the tip of the iceberg. More is coming, I’m sorry to say. Layoffs are being announced nationwide in the tens of thousands. As people begin to lose their jobs, they will not be able to pay their credit card bills either. And the banks will be back for more handouts.
The Worst Is Yet To Come: Anonymous Banker Weighs In On The Coming Credit Card Debacle
Recipe for Disaster: The Formula That Killed Wall Street
http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=1
By Felix Salmon at Wired Magazine, February 23, 2009.
Blaine Lourd Profile - Executive Articles - Portfolio.com
http://www.portfolio.com/executives/features/2007/11/19/Blaine-Lourd-Profile
One is that the financial press isn’t in the business of supplying useful information; it’s in the business of feeding people’s lust for predictions. “You keep buying the magazine regardless of how the forecasts turn out,” Wellington says, “and they’ll keep supplying the forecasts.”
Blaine Lourd got rich picking stocks. But then he realized that everything he thought he knew about the markets was wrong. And he's not alone.
As a group, professional money managers control more than 90 percent of the U.S. stock market. By definition, the money they invest yields returns equal to those of the market as a whole, minus whatever fees investors pay them for their services. This simple math, you might think, would lead investors to pay professional money managers less and less. Instead, they pay them more and more
Like a lot of people who end up on Wall Street, Blaine Lourd just sort of stumbled in. He'd grown up happy in New Iberia, Louisiana. His father had made a pile of money in the oil patch, and Blaine assumed that he too would one day eat four-hour lunches at the Petroleum Club, hunt ducks on the weekends, and get rich. His older brother, Bryan, had left Louisiana to make what seemed like a quixotic bid to become a Hollywood agent, but Bryan was gay, even if he pretended not to be. (He's now a partner at Hollywood's Creative Artists Agency.) Blaine was distinctly not gay and felt right at home in Louisiana—right up to the moment when, during his third year at Louisiana State University, the price of oil collapsed and took the family business with it. That was when he realized he had no idea what he would do with his life.
The markets are roiling, money managers & banks are posting disappointing returns, and people are beginning to wonder if they chose the wrong guy in Greenwich to take 2% of their assets and 20% of profits. But what if the problem isn’t the guy but the idea that makes him possible: the belief that the best way to invest capital is to hand it to an expert? As a group, professional money managers control more than 90% of the US stock market. By definition, the money they invest yields returns equal to those of the market as a whole less the fees investors pay them for their services. This simple math, you might think, would lead investors to pay professional money managers less and less. Instead, they pay them more and more. "If you put a thousand people in barrels and push them over Niagara Falls, some of them will survive. If you take those guys and push them over again, some of them will survive. And they’ll write books about how to survive being pushed over Niagara Falls in a barrel."
FTA: 'Blaine Lourd got rich picking stocks. But then he realized that everything he thought he knew about the markets was wrong. And he's not alone.' (note: Dec. 2007 issue!)
Online Data
http://www.econ.yale.edu/~shiller/data.htm
Online Data
The data collection effort about investor attitudes that I have been conducting since 1989 has now resulted in a group of Stock Market Confidence Indexes produced by the Yale School of Management. These data are collected in collaboration with Fumiko Kon-Ya and Yoshiro Tsutsui of Japan. Some of our earlier results are also noteworthy.
Robert Shiller's database
Life at Wal-Mart - Boing Boing
http://www.boingboing.net/2009/02/01/life-at-walmart.html
Life at Wal-Mart
Wal*Mart isn't the devil? <gasp>
How about a different opinoin on those Wal-Mart jobs.
he seems surprised that the people who work at WalMart aren't ogres, and he completely ignores the fact that the writings about conditions at WM may have led to the improvements that he sees
50 Nifty Tricks for Big DIY Savings | Money Saving Ideas | This Old House - 1
http://www.thisoldhouse.com/toh/article/0,,20250928,00.html
DIY for the house
The best why-didn't-I-think-of-that ideas for shrinking your household expenses
http://finance.yahoo.com/family-home/article/106535/Coupon-Web-Sites-Never-Pay-Full-Price-Again
http://finance.yahoo.com/family-home/article/106535/Coupon-Web-Sites-Never-Pay-Full-Price-Again
Discount yahooyahooyahoo yahoo financeyahoo
Watch full program: THE ASCENT OF MONEY | The Ascent of Money | PBS
http://www.pbs.org/wnet/ascentofmoney/featured/watch-full-program-the-ascent-of-money/24/
Saving Money: Reduce Your Rent with This Simple Letter
http://lifehacker.com/5152390/reduce-your-rent-with-this-simple-letter
Property values are down, times are tough, and the Wall Street Journal details how to use the current economic situation to significantly reduce your rent with this simple fill-in-the-blank letter to your landlord. Photo by Editor B. WSJ's Mary Pilon and her roommates were none too pleased to discover that their new neighbors had secured a lease for $300 less than their lease, while they received a $100/month hike in their rent. After sending the letter below to her landlord, Pilon shaved $300 off her rent.
Property values are down, times are tough, and the Wall Street Journal details how to use the current economic situation to significantly reduce your rent with this simple fill-in-the-blank letter to your landlord.
Take a Tip. Share a Tip. - Google Moderator
http://moderator.appspot.com/#16/e=3cfc
What does one TRILLION dollars look like?
http://www.pagetutor.com/trillion/index.html
fun
27 Visualizations and Infographics to Understand the Financial Crisis | FlowingData
http://flowingdata.com/2009/03/13/27-visualizations-and-infographics-to-understand-the-financial-crisis/
to understand the financial world crisis
Wall Street on the Tundra | vanityfair.com
http://www.vanityfair.com/politics/features/2009/04/iceland200904?printable=true¤tPage=all
The indispensable Michael Lewis reports from Reykjavík on the de facto bankruptcy of Iceland. An amazing story: the country's currency is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance. This was the result of a collective madness stunning even by US standards of financial insanity. Lewis asks how a 300,000 person fishing nation with one of the highest living standards in the world managed to turn itself into a national hedge fund? Lewis reports on an inbred country where, among other things, the men are largely nuts and the women seem to have completely given up on them, The result is the first lesbian head of state, an all-female political party, and the nation's only profitable bank run entirely by women. Like most of what Lewis writes about the intersection of people and large sums of money, this is another "drop whatever else you are doing and read this" article.
on the financial meltdown ef Iceland
Iceland's collapse. "One of the distinctive traits about Iceland’s disaster, and Wall Street’s, is how little women had to do with it."
"Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness. What led a tiny fishing nation, population 300,000, to decide, around 2003, to re-invent itself as a global financial power? In Reykjavík, where men are men, and the women seem to have completely given up on them, the author follows the peculiarly Icelandic logic behind the meltdown. "
Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness. What led a tiny fishing nation, population 300,000, to decide, around 2003, to re-invent itself as a global financial power? In Reykjavík, where men are men, and the women seem to have completely given up on them, the author follows the peculiarly Icelandic logic behind the meltdown.
How to Be Jason Bourne: Multiple Passports, Swiss Banking, and Crossing Borders
http://www.fourhourworkweek.com/blog/2009/03/03/how-to-be-jason-bourne-multiple-passports-swiss-banking-and-crossing-borders/
Really interesting article
The blog of a guy learning to survive in an uncertain world future. Interesting reading.
Article Print | Planning and Ideas | This Old House
http://www.thisoldhouse.com/toh/article/print/0,,20250928,00.html
25 Useful Financial Rules of Thumb ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/03/09/25-favorite-financial-rules-of-thumb/
terest rates have dropped by 1% from your current mortgage. As always, use t
handy
Get Rich Slowly — recently named most inspiring money blog by Money magazine — is devoted to sensible personal finance. You will not find any get-rich-quick schemes here. Nor will you find multi-level marketing fads or hot stock tips. I am not pitching any product or book. Instead, you’ll find daily information about personal finance and related topics. I share stories about debt elimination, saving money, and practical investing. I also post occasional reviews of books, magazines, and software. And, of course, I scour the web for the latest personal finance tools and articles. Please note that I am not a financial professional. I’m just an average guy who found himself deep in debt. When it finally became too overwhelming, I began reading personal finance books, hoping to find answers. I wanted swift solutions to my problems. My research revealed that few people get rich quickly, but almost anyone can get rich slowly by patiently following some simple rules.
Lifehacker Top 10: Top 10 Tips for Talking Your Way into a Better Deal
http://lifehacker.com/5167700/top-10-tips-for-talking-your-way-into-a-better-deal
Some people were born to haggle, negotiate, cajole, whatever you call it. The rest of us need some guidance. Here are 10 great negotiating tactics to use next time you want to get more for less.
CNBC Gives Financial Advice | The Daily Show | Comedy Central
http://www.thedailyshow.com/video/index.jhtml?videoId=220252&title=cnbc-gives-financial-advice
CNBC Financial Advice
first video against Santelli
The Daily Show | Comedy Central
Wall Street on the Tundra | vanityfair.com
http://www.vanityfair.com/politics/features/2009/04/iceland200904
Iceland&#8217;s de facto bankruptcy&#8212;its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance&#8212;resulted from a stunning collective madness. What led a tiny fishing nation, population 300,000, to decide, around 2003, to re-invent itself as a global financial power? In Reykjav&#237;k, where men are men, and the women seem to have completely given up on them, the author follows the peculiarly Icelandic logic behind the meltdown.
Iceland’s de facto bankruptcy—its currency (the krona) is kaput, its debt is 850 percent of G.D.P., its people are hoarding food and cash and blowing up their new Range Rovers for the insurance—resulted from a stunning collective madness. What led a tiny fishing nation, population 300,000, to decide, around 2003, to re-invent itself as a global financial power? In Reykjavík, where men are men, and the women seem to have completely given up on them, the author follows the peculiarly Icelandic logic behind the meltdown.
A beautiful piece by Michael Lewis about the Iceland economy which went bankrupt in 2008.
LET IT DIE: Rushkoff on the economy | ARTHUR MAGAZINE - WE FOUND THE OTHERS
http://www.arthurmag.com/2009/03/16/let-it-die-rushkoff-on-the-economy/
Popular Topics - The Tax Law Offices of Fred Daily
http://www.taxattorneydaily.com/topics/
Newssift.com
http://www.newssift.com/index.jsp
Financial Times has developed a business search engine which searches news, magazine, television, radio, and expert commentary and allows users to focus their search on clusters
A business news search engine that provides semantic web features. For example, breaks the results into categories.
uche nach wirtschaftsartikeln
6 Fool-Proof Steps to Make More Money With Your Website
http://www.doshdosh.com/six-steps-to-make-more-money-with-your-website/
6 Fool-Proof Steps to Make More Money With Your Website
Every website has a bunch of web pages which get more search traffic than others. These pages are constantly visited daily by new visitors, people who have never seen the site in question before. I call these ‘money pages’ because they are a reliable source of immediate and future income. But they’re not just ‘money’ because they bring in revenue: they are one of the easiest ways to grow your audience without much work. If you learn how to optimize these money pages (its not hard to do), you’ll really improve your website in so many ways. More revenue, more members, more influence and authority. Doesn’t that sound good?
The Big Takeover : Rolling Stone
http://www.rollingstone.com/politics/story/26793903/the_big_takeover/
Must read. 210309
danieltenner.com — How to get a merchant account
http://danieltenner.com/posts/0006-how-to-get-a-merchant-account.html
Merchant account
test
Describe the pain of getting a merchant account with a bank. Give some tips on how to do it.
"guide to obtaining a merchant account, from the cash-strapped start-up’s point of view". chargebacks, 3D-secure, AVS/CV2, PCI-DSS. Start the process early; Apply to several banks; Exaggerate your volumes (realistically); Know all about fraud; Be serious to ensure the bank feels you’re a trustworthy business; Read the fine print and negotiate the terms.
The Quiet Coup - The Atlantic (May 2009)
http://www.theatlantic.com/doc/200905/imf-advice
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform.
But these various policies—lightweight regulation, cheap money, the unwritten Chinese-American economic alliance, the promotion of homeownership—had something in common. Even though some are traditionally associated with Democrats and some with Republicans, they all benefited the financial sector. Policy changes that might have forestalled the crisis but would have limited the financial sector’s profits—such as Brooksley Born’s now-famous attempts to regulate credit-default swaps at the Commodity Futures Trading Commission, in 1998—were ignored or swept aside.
A withering op-ed by Simon Johnson on the policy disaster that is our financial sector. But he's still not willing to re-evaluate the underlying premise of perpetually debt fueled exponential economic growth. How, exactly, was this all supposed to work out?
The most lucid summary I've read to date on the current global financial crisis. Written in a clear manner by Simon Johnson, a professor at MIT’s Sloan School of Management, and a former the chief economist at the International Monetary Fund. His conclusion: Nationalize the banks immediately, break up the financial oligarchies which have brought us to this point, and recast the entire banking sector so the blackmail of "we're too big too fail" cannot be used again.
5 Reasons Renting Still Beats Buying - Yahoo! Real Estate
http://realestate.yahoo.com/promo/5-reasons-renting-still-beats-buying.html;_ylt=Ai66EVUu2y5Dusj7iA8fi6wazJV4
I just link this to make me feel better.
The Psychology of Automation: Building a Bulletproof Personal-Finance System
http://www.fourhourworkweek.com/blog/2009/03/26/the-psychology-of-automation-building-a-bulletproof-personal-finance-system/
An overview of how to set up your accounts to allow automation to help you manage your money better. Also contains scripts for negotiating with companies about financial matters, e.g. waiving late fees.
Twitter Confirms Paid Pro Accounts On The Way
http://www.businessinsider.com/twitter-confirms-paid-pro-accounts-on-the-way-2009-3
I'd pay for analytics for the company
As expected, money to get corporations "more features" on Twitter -- no launch date yet.
Economic Recovery Dashboard - Helping Advisors
http://www.russell.com/Helping-Advisors/Markets/EconomicRecoveryDashboard.asp
Economic Recovery Dashboard - Helping Advisors
To help you talk to your clients, we've identified a few key economic and market indicators to help assess the current economic health and trend.
Chart of leading and lagging economic indicators giving current numbers and historical information.
15 Online Financial Tools for Freelance Designers | Webdesigner Depot
http://www.webdesignerdepot.com/2009/03/15-online-financial-tools-for-freelance-designers/
Google Ventures - Welcome
http://www.google.com/ventures/
** Posted using Viigo: Mobile RSS, Sports, Current Events and more **
Google Ventures seeks to discover and grow great companies - we believe in the power of entrepreneurs to do amazing things. We're studying a broad range of industries, including consumer Internet, software, hardware, clean-tech, bio-tech and health care. We invest anywhere from seed to mezzanine stage and embrace the challenge of helping young companies grow from the garage to global relevance.
Venture Capital - by Google. We seek to discover and grow great companies - we fundamentally believe in the power of entrepreneurs to do amazing things.
How Michael Osinski Helped Build the Bomb That Blew Up Wall Street -- New York Magazine
http://nymag.com/news/business/55687
"Oh, look. Here's the jerk who wrote the code that broke everything. A confession."
The Atlantic Online | May 2009 | The Quiet Coup | Simon Johnson
http://www.theatlantic.com/doc/print/200905/imf-advice
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.
But I must tell you, to IMF officials, all of these crises looked depressingly similar. Each country, of course, needed a loan, but more than that, each needed to make big changes so that the loan could really work. Almost always, countries in crisis need to learn to live within their means after a period of excess—exports must be increased, and imports cut—and the goal is to do this without the most horrible of recessions. Naturally, the fund’s economists spend time figuring out the policies—budget, money supply, and the like—that make sense in this context. Yet the economic solution is seldom very hard to work out. No, the real concern of the fund’s senior staff, and the biggest obstacle to recovery, is almost invariably the politics of countries in crisis. Typically, these countries are in a desperate economic situation for one simple reason—the powerful elites within them overreached in good times and took too many risks. Emerging-market governments and their private-sector
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises.
"In its depth and suddenness, the U.S. economic and financial crisis is shockingly reminiscent of moments we have recently seen in emerging markets (and only in emerging markets): South Korea (1997), Malaysia (1998), Russia and Argentina (time and again). In each of those cases, global investors, afraid that the country or its financial sector wouldn’t be able to pay off mountainous debt, suddenly stopped lending. And in each case, that fear became self-fulfilling, as banks that couldn’t roll over their debt did, in fact, become unable to pay."
A former head of the IMF offers an insightful and alarming look at how the United States has been hijacked by a cabal of rotten financiers.
The Psychology of Passive Barriers: Why Your Friends Don’t Save Money, Eat Healthier, or Clean Their Garages ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/03/17/the-psychology-of-passive-barriers-why-your-friends-dont-save-money-eat-healthier-or-clean-their-garages/
Why Your Friends Don’t Save Money, Eat Healthier, or Clean Their Garages
Free Money Finance: Trying to Earn More Money? Stop Wasting Your Time
http://www.freemoneyfinance.com/2009/03/trying-to-earn-more-money-stop-wasting-your-time.html
Business tips on how to stop wasting time. Create efficiencies.
No Return to Normal - James K. Galbraith
http://www.washingtonmonthly.com/features/2009/0903.galbraith.html
The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too. Annotated link http://www.diigo.com/bookmark/http%3A%2F%2Fwww.washingtonmonthly.com%2Ffeatures%2F2009%2F0903.galbraith.html
"Why the economic crisis, and its solution, are bigger than you think."
Bill Moyers Journal . Watch & Listen | PBS
http://www.pbs.org/moyers/journal/04032009/watch.html
The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Moyers sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout
Now Black is focused on an even greater scandal, and he spares no one — not even the President he worked hard to elect, Barack Obama. But his main targets are the Wall Street barons, heirs of an earlier generation whose scandalous rip-offs of wealth back in the 1930s earned them comparison to Al Capone and the mob, and the nickname "banksters."
The former Director of the Institute for Fraud Prevention now teaches Economics and Law at the University of Missouri, Kansas City. During the savings and loan crisis, it was Black who accused then-house speaker Jim Wright and five US Senators, including John Glenn and John McCain, of doing favors for the S&L's in exchange for contributions and other perks. The senators got off with a slap on the wrist, but so enraged was one of those bankers, Charles Keating — after whom the senate's so-called "Keating Five" were named — he sent a memo that read, in part, "get Black — kill him dead." Metaphorically, of course. Of course. Now Black is focused on an even greater scandal, and he spares no one — not even the President he worked hard to elect, Barack Obama. But his main targets are the Wall Street barons, heirs of an earlier generation whose scandalous rip-offs of wealth back in the 1930s earned them comparison to Al Capone and the mob, and the nickname "banksters."
video from jonas' recomendation
FT.com / Comment / Opinion - Ten principles for a Black Swan-proof world
http://www.ft.com/cms/s/0/5d5aa24e-23a4-11de-996a-00144feabdc0.html?nclick_check=1
YES
What is fragile should break early while it is still small.
N.N. Taleb's ideas about how to avoid financial black swans in the future, based principally on greater regulation (regulating to help people from themselves)
"No incentives without disincentives: capitalism is about rewards and punishments, not just rewards."
Deflation - The Opposite of Inflation. How It Can Grind the Economy to a Halt | Mint.com Blog | Personal Finance News & Advice
http://www.mint.com/blog/finance-core/a-visual-guide-to-deflation/
economia
visual guide
Get Rich Slow - TIME
http://www.time.com/time/magazine/article/0,9171,1890387,00.html
The Simple Dollar » 50 Side Businesses You Can Start On Your Own
http://www.thesimpledollar.com/2009/04/11/50-side-businesses-you-can-start-on-your-own/
Each of these ideas is very simple to start, and most can be done as a sole proprietorship at first (meaning you don’t have to file any legal documents to get started, though you will want to do that if it starts to take off). Most of these can be done at home in your spare time in your spare space, too. Ready? See if there are any ideas below that fit you well. If you find an idea, seek out a guide on how to get started in that area.
Info, Comments, Opinions and Facts About Goldman Sachs
http://www.goldmansachs666.com/
Info, Comments, Opinions and Facts About Goldman Sachs
just because Goldman Sachs want to ban it.
threat blog post?
wallstatsdatlarge.jpg (JPEG Image, 3500x2334 pixels) - Scaled (36%)
http://img297.imageshack.us/img297/5927/wallstatsdatlarge.jpg
A Visual Guide to Where Your Tax Dollars Go Interesting, detailed poster. Obama's budget requests.
FT.com / Comment / Opinion - Ten principles for a Black Swan-proof world
http://www.ft.com/cms/s/0/5d5aa24e-23a4-11de-996a-00144feabdc0.html
10 principles to rebuild on.
1. What is fragile should break early while it is still small. Nothing should ever become too big to fail. 2. No socialisation of losses & privatisation of gains. 3. People who were driving a school bus blindfolded (& crashed it) should never be given a new bus. 4. No incentives without disincentives: capitalism is about rewards and punishments, not just rewards. 5. Complexity from globalisation and highly networked economic life needs to be countered by simplicity in financial products. The complex economy is already a form of leverage: the leverage of efficiency. 6. Complex derivatives need to be banned because nobody understands them and few are rational enough to know it. 7. Governments should never need to “restore confidence”. 8. Using leverage to cure the problems of too much leverage is not homeopathy, it is denial. 9. Citizens should not depend on financial assets or fallible “expert” advice for their retirement. 10. we will have to remake the system before it does so itself"
Taleb k současné krizi
2. No socialisation of losses and privatisation of gains. Whatever may need to be bailed out should be nationalised; whatever does not need a bail-out should be free, small and risk-bearing. We have managed to combine the worst of capitalism and socialism. In France in the 1980s, the socialists took over the banks. In the US in the 2000s, the banks took over the government. This is surreal.
Lifehacker - Top 10 Money-Saving Guides for Common Purchases - Buying Guide
http://lifehacker.com/5216753/top-10-money+saving-guides-for-common-purchases
How to make money with a blog
http://www.christianpf.com/how-to-make-money-with-a-blog/
How to make money with a blog
How I replaced my day-job with earnings from this blog In less than 2 years I went from not knowing what a blog was to making more with one than my corporate desk job.
coolll
The Banker Who Said No - Forbes.com
http://www.forbes.com/2009/04/03/banking-andy-beal-business-wall-street-beal.html
Great foresight from the guy who tried to beat the poker pros
While the nation's lenders ran amok during the boom, Andy Beal hoarded his money. Now he's cleaning up - with scant help from Uncle Sam.
Andy Beal, a 56-year-old, poker-playing college dropout, is a one-man toxic-asset eater--without a shred of government assistance. Beal plays his cards patiently. For three long years, from 2004 to 2007, he virtually stopped making or buying loans. While the credit markets were roaring and lenders were raking in billions, Beal shrank his bank's assets because he thought the loans were going to blow up. He cut his staff in half and killed time playing backgammon or racing cars. He took long lunches with friends, carping to them about "stupid loans." His odd behavior puzzled regulators, credit agencies and even his own board. They wondered why he was seemingly shutting the bank down, resisting the huge profits the nation's big banks were making. One director asked him: "Are we a dinosaur?"
Website: Wilson Sonsini Goodrich & Rosati - Term Sheet Generator
http://www.wsgr.com/WSGR/Display.aspx?SectionName=practice/termsheet.htm
Free term sheet generator from leading Silicon Valley law firm.
This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture financing-related documents. Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture financing-related documents. Because it has been designed as a generic tool that takes into account a number of options, this version of the term sheet generator is fairly expansive and includes significantly more detail than would likely be found in a customized application.
I had to rub my eyes to make sure I wasn't imagining this -- a term sheet generator from Wilson Sonsini? I love it. Makes them more accessible. There are also so many "viral term sheets" out there this will be useful. Another form of thought leadership marketing.
Online Term sheet generator from Website: Wilson Sonsini Goodrich & Rosati -
Philip Greenspun’s Weblog » How Rich Countries Die
http://blogs.law.harvard.edu/philg/2009/03/16/how-rich-countries-die/
to read
How Rich Countries Die
This is a book report on The Rise and Decline of Nations: Economic Growth, Stagflation, and Social Rigidities, by Mancur Olson. There isn’t a whole lot about how nations pulled themselves out of their medieval stagnation (see A Farewell to Alms for that), so a better title for this still-in-print book from 1982 would be “How Rich Countries Die.”
PocketSmith - Discover and define your financial future.
http://www.pocketsmith.com/
Money Manager
My Manhattan Project
http://www.printthis.clickability.com/pt/cpt?action=cpt&title=My+Manhattan+Project&expire=&urlID=35003522&fb=Y&url=http%3A%2F%2Fnymag.com%2Fnews%2Fbusiness%2F55687%2F&partnerID=73272
Author of mortgage backed security software.
http://www.printthis.clickability.com/pt/cpt?action=cpt&title=My+Manhattan+Project&expire=&urlID=35003522&fb=Y&url=http%3A%2F%2Fnymag.com%2Fnews%2Fbusiness%2F55687%2F&partnerID=73272--- manhanttan ManhattanProject
My Manhattan Project How I helped build the bomb that blew up Wall Street.
I have been called the devil by strangers and “the Facilitator” by friends. It’s not uncommon for people, when I tell them what I used to do, to ask if I feel guilty. I do, somewhat, and it nags at me. When I put it out of mind, it inevitably resurfaces, like a shipwreck at low tide. It’s been eight years since I compiled a program, but the last one lived on, becoming the industry standard that seeded itself into every investment bank in the world.
Yunoo. Wat weet jij over je financiën?
http://www.yunoo.nl/
Another personal finance site. The company was not accepted by a Dutch bank as thay are not doing the core business, so they funded a start-up similar to wesabe or buxfer.
quash
Negotiating Your Salary: How to Make $1,000 a Minute ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/05/06/negotiating-your-salary-how-to-make-1000-a-minute/
Saving Money: 112 Ways To Save Money
http://consumerist.com/5210337/112-ways-to-save-money
The Simple Dollar » Everything You Ever Really Needed to Know About Personal Finance On Just One Page - Download My Personal Finance Book for Free!
http://www.thesimpledollar.com/onepage/
A personal finance blog focusing on ordinary people dealing with unprecedented levels of debt.
doesn’t work) A long time ago, I wrote a very popular post entitled “Everything You Ever Really Needed to Know About Personal Finance on the Back of Five Business Cards“. After posting it, several people contacted me and suggested that I try to turn it into a book of some sort. Over the following year, I tossed the idea around and eventually developed it into a fifty page short book, intending to use it to shop around to various book publishers. I incorporated a lot of original writing, pieces of various Simple Dollar posts, and lots of other interesting elements.
Wall Street on the Tundra | vanityfair.com
http://www.vanityfair.com/politics/features/2009/04/iceland200904?currentPage=all
financial crisis: You have a dog, and I have a cat. We agree that they are each worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners, but Icelandic banks, with a billion dollars in new assets. "They created fake capital by trading assets amongst themselves at inflated values,"
dabagirls.com
http://dabagirls.com/
Are you or someone you love dating a banker? If so, we are here to support you through these difficult times. Dating A Banker Anonymous (DABA) is a safe place where women can come together – free from the scrutiny of feminists– and share their tearful tales of how the mortgage meltdown has affected their relationships. So if your monthly Bergdorf’s allowance has been halved and bottle service has all but disappeared from your life, lighten your heart with laughter and email your stories to dabagirls@gmail.com. Warning all stories sent will be infused with our own special brand of DABA Girl humor.
Ladies dating an Investment Banker? Then this site is for you! (Hat Tip @sheffi)
Grasping Reality with Both Hands: The Geithner Plan FAQ
http://delong.typepad.com/sdj/2009/03/the-geithner-plan-faq.html
Q: What if markets never recover, the assets are not fundamentally undervalued, and even when held to maturity the government doesn’t make back its money? A: Then we have worse things to worry about than government losses on TARP-program money–for we are then in a world in which the only things that have value are bottled water, sewing needles, and ammunition.
bailout plan overview
A Visual Guide to Inflation | Mint.com Blog | Personal Finance News & Advice
http://www.mint.com/blog/finance-core/a-visual-guide-to-inflation/
הסבר ויזאולי על אינפלציה
HOW TO: Reorganize Finances Using the Web
http://mashable.com/2009/03/15/reorganize-finances/
Online resources to help manage money
Travel full-time for less than $14,000 per year « I Will Teach You To Be Rich
http://www.iwillteachyoutoberich.com/blog/cheap-travel/
hat they wish they could do more of, and the answer is literally always the same: “I wish I could travel more.” Yet when you remove all the excuses, few people actually do. I don’t have enough vacation days! It’s too expensive. My friends don’t want to go with me.
How to negotiate a salary without tipping your hand - Manage Your Life on Shine
http://shine.yahoo.com/channel/life/how-to-negotiate-a-salary-without-tipping-your-hand-464658/
You’ve gotten pretty far in a job discussion. You like them. They like you. And it's getting down to the nitty gritty. Then your prospective employer pops the question you’ve been dreading: “So what are you making now?” (or some variation like, “What were you making in your last position?”) You freeze. You know that answering the question can only hurt you. It might peg you at a salary you feel you’ve outgrown or that you improperly negotiated. And you know that you’re always supposed to let the other person name a price first in any negotiation. So what do you do?
http://www.treas.gov/tic/mfh.txt
http://www.treas.gov/tic/mfh.txt
外国投资人购买美国国债情况一览表
Treasury Stats on holders of US debt
Thailand ranked high
Foreign-held U.S. treasury debt
MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
China our wingman with 750 billion in Treasury Bills.
The Simple Dollar » Preparing Your Information for Disaster
http://www.thesimpledollar.com/2009/05/26/preparing-your-information-for-disaster/
of
emergency planning lifehacks preparedness disaster
What Would Micropayments Do for Journalism? A Freakonomics Quorum - Freakonomics Blog - NYTimes.com
http://freakonomics.blogs.nytimes.com/2009/02/18/blnk/
The notion of micropayments — a pay-per-click/download web model — is hardly a new one. But as a business model it hasn’t exactly caught fire, or even generated more than an occasional spark. Lately, however, the journalism community has become obsessed with the idea. This is what happens when an existing business model begins to collapse: alternative models are desperately invented, debated, attempted, rejected, etc.
'This is what happens when an existing business model begins to collapse: alternative models are desperately invented, debated, attempted, rejected, etc.'
Annals of Medicine: The Cost Conundrum: Reporting & Essays: The New Yorker
http://www.newyorker.com/reporting/2009/06/01/090601fa_fact_gawande?currentPage=all
What a Texas town can teach us about health care.
The Lazy Way to Investment Success * Get Rich Slowly
http://www.getrichslowly.org/blog/2009/06/02/the-lazy-way-to-investment-success/
While researching investment strategies for my retirement savings, I’ve been reading a lot of books. There are hundreds of authors offering thousands of tips for turning a small pile of gold into a big pile of gold. Sometimes it’s difficult to tell whose advice to heed. To be honest, I find the simplest investment strategies most appealing. I just finished reading Paul Farrell’s The Lazy Person’s Guide to Investing, for example, and I found myself drawn to the “lazy portfolios” he describes. Lazy portfolios are collections of index funds. Because these portfolios are balanced — they contain stocks and bonds — they mitigate risk while providing excellent returns. Best of all, they take very little time to maintain. Reminder: An index fund is a low-cost mutual fund designed to mimic the movement of a specific market index. A Vanguard 500 index fund (like VFINX), for example, tracks the performance of the S&P 500. The chief virtue of index funds is that, over the long-term, they deliver
The Best Online Tools for Personal Finance - WSJ.com
http://online.wsj.com/article/SB10001424052970204456604574204093011379788.html
Why I Love the Roth IRA * Get Rich Slowly
http://www.getrichslowly.org/blog/2009/06/04/why-i-love-the-roth-ira/
What they Used to Teach You at Stanford Business School - Finance Blog - Felix Salmon - Market Movers - Portfolio.com
http://www.portfolio.com/views/blogs/market-movers/2009/03/29/what-they-used-to-teach-you-at-stanford-business-school
t
Always ask what can go wrong (Porterfield);
very cool summary of important things you should learn in b-school but that people don't seem to anymore...
Credit Card Terminal - apps - innerfence
http://www.innerfence.com/apps/credit-card-terminal
I love thisn program.
CC processing
Turn your iPhone into a mobile virtual terminal for charging customers’ credit cards. Deal with declined cards on-site as services are rendered. No special hardware required, just your iPhone (or iPod Touch with the 2.0 firmware update).
独学で効率よく簿記三&二級に合格するための僕の方法 - ミームの死骸を待ちながら
http://d.hatena.ne.jp/Hash/20081219/1229690768
> 電車の中は復習タイム
Log In | TextHog. Really simple online expense tracking.
http://www.texthog.com/
online expense tracking
How IMVU learned its way to $10M a year - Venture Hacks
http://venturehacks.com/articles/lean-startup
article on managing a startup and growing rapidly adapting to what users want
Many founders believe that early stage startups are endeavors of execution. The customer is known, the product is known, and all we have to do is act. Eric takes a different approach. He believes that many early stage startups are labors of learning. The customer is unknown, the product is unknown, and startups must be built to learn.
An Introduction to Life Insurance ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/04/28/an-introduction-to-life-insurance/
Protecting your family from financial disasters is one of the fundamental components of financial planning. Life insurance should be a core part of that planning process. This article is a basic primer on life insurance, which should introduce you to the concept and give you an idea of how life insurance works.
INSURANCE
This article is a basic primer on life insurance, which should introduce you to the concept and give you an idea of how life insurance works.
The Startup Entrepreneur's Guide To Risk Management
http://www.businessinsider.com/the-startup-entrepreneur-guide-to-risk-management-2009-6
Luknąć
risk management in business
Cost of living: Compare prices in two cities - CNNMoney.com
http://cgi.money.cnn.com/tools/costofliving/costofliving.html
Car Dealer Tricks to Watch For - Buyers Info/Features/Classic Cars/High Performance/Hot Lists/Reviews/Car and Driver - Car And Driver
http://www.caranddriver.com/reviews/hot_lists/high_performance/features_classic_cars/car_dealer_tricks_to_watch_for_buyers_info
shopping automotive
What to be wary of when you’re negotiating your next new-car purchase.
How maths killed Lehman Brothers
http://plus.maths.org/issue51/features/boedihardjo/index.html
You can in fact calculate it, easily. The 100 customers each have a 3% chance of defaulting, so you expect three customers to default next year. That is, you will need to pay $3 million next year. Assuming the interest rate is about 3% each year, next year's $3 million would be worth 3/(3/100+1)=3/1.03=2.91 million now. Therefore HSBC will have to pay you at least $2.91 million for the insurance. Obviously Lehman Brothers wasn't a charity and so, to make money, they would double the price to $5.82 million and expect to make $2.91 million out of each of these deals on average. This kind of insurance is called a credit derivative swap (CDS).
The Top VC Blogs (According To Google Reader)
http://www.techcrunch.com/2009/05/30/the-top-vc-blogs-according-to-google-reader/
VC blogs
top venture capitalist blogs. One of which is Guy Kawasaki
The Great American Bubble Machine : Rolling Stone
http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine
Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression
How Goldman Sachs Has Engineered Every Major Market Manipulation Since the Great Depression" The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
They use the same playbook over and over again: Goldman positions itself in the middle of a speculative bubble, selling investments they know are crap. When it all goes bust, leaving millions of ordinary citizens broke and starving, they begin the entire process over again.
The Great American Bubble Machine : Rolling Stone
http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine/print
Print page
What Is a Master’s Degree Worth? - Room for Debate Blog - NYTimes.com
http://roomfordebate.blogs.nytimes.com/2009/06/30/what-is-a-masters-degree-worth/
A professor, university president, personal finance columnist, and economist debate...
Turning a Corner? - Interactive Graphic - NYTimes.com
http://www.nytimes.com/interactive/2009/07/02/business/economy/20090705-cycles-graphic.html
Statistics show hope: interesting as a visualization and as a prediction that the recovery is starting. I'll schedule a check up in six months
Fantastic illustration of business cycles
Brilliant interactive graphics on the economic cycle
How The Average U.S. Consumer Spends Their Paycheck - Visual Economics
http://www.visualeconomics.com/how-the-average-us-consumer-spends-their-paycheck/
Source: Consumer expenditures, U.S. department of Labor, U.S. Bureau of Labor Statistics, April 2009
Durchschnittsverbrauch eines US-Amerikaners
Michael Lewis on A.I.G. | vanityfair.com
http://www.vanityfair.com/politics/features/2009/08/aig200908
Almost a year after A.I.G.’s collapse, despite a tidal wave of outrage, there still has been no clear explanation of what toppled the insurance giant. The author decides to ask the people involved—the silent, shell-shocked traders of the A.I.G. Financial Products unit—and finds that the story may have a villain, whose reign of terror over 400 employees brought the company, the U.S. economy, and the global financial system to their knees.
The author decides to ask the people involved—the silent, shell-shocked traders of the A.I.G. Financial Products unit—and finds that the story may have a villain, whose reign of terror over 400 employees brought the company, the U.S. economy, and the global financial system to their knees.
The High Cost of Poverty: Why the Poor Pay More - washingtonpost.com
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/17/AR2009051702053.html
The poorer you are, the more things cost.
You have to be rich to be poor. That's what some people who have never lived below the poverty line don't understand. Put it another way: The poorer you are, the more things cost. More in money, time, hassle, exhaustion, menace. This is a fact of life that reality television and magazines don't o...
Land-a-Government-Job-Now: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/career-work/article/107125/Land-a-Government-Job-Now
Personal Finance, career-work
Visual Economics - Financial Infographics & More
http://www.visualeconomics.com/
http://www.visualeconomics.com/
The Crisis and How to Deal with It - The New York Review of Books
http://www.nybooks.com/articles/22756
Following are excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Museum of Art on April 30. The participants were former senator Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros, and Robin Wells, with Jeff Madrick as moderator.
By Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros, Robin Wells et al.
Excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Museum of Art on April 30. The participants were former senator Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros, and Robin Wells, with Jeff Madrick as moderator.
The Simple Dollar » The First Steps Away from Paycheck-to-Paycheck Living
http://www.thesimpledollar.com/2008/07/10/the-first-steps-away-from-paycheck-to-paycheck-living/
Out of all of the blessings that have come into my life over the last two and a half years or so (a new home, my daughter, financial recovery, a new career, a lot of wonderful readers), the one that has truly helped me to sleep better at night is the move away from living paycheck to paycheck.
facts about the current economy.
Moserware: Just Enough MBA to Be a Programmer
http://www.moserware.com/2009/07/just-enough-mba-to-be-programmer.html
What's The Cost? - Become debt free at WhatsTheCost.com
http://www.whatsthecost.com/
The idea of this site is to build a number of free, easy to use, on-line calculators to help you calculate the cost of various financial products such as loans, credit cards and mortgages. Rather than going to a debt management company, or consolidating your loans, this site contains financial tools to help you get debt free yourself!
The idea of this site is to build a number of free, easy to use, on-line calculators to help you calculate the cost of various financial products such as loans, credit cards and mortgages.
Financial Calculators. Good for Skills class.
calculator to learn true cost
Guy Kawasaki’s 10 Questions to Ask Before You Join a Startup | MintLife | Personal Finance News & Advice
http://www.mint.com/blog/how-to/guy-kawasaki-startup-tips/
Sigh. I think the mindless bookmarking of little lists masking at blog posts is pretty annoying, but I can't help doing it myself. Damnit. Here's one such article that contains some obvious, but practical advice for both start-ups and those seeking to work for them.
Good questions
Erik A. Dewey
http://www.erikdewey.com/bigbook.htm
_your description goes here_
In a nutshell, it is a notebook filled with all of the information anyone could possibly need to know about you. The idea is that in our lives we have countless things that we are involved in. On rare occasions, other people need this information and no one knows how to get it. That's where the Big Book comes in. By filling this out and keep current, you can simply the effort others have to take on your behalf.
a free PDF or Excel spreadsheet to help collect all the bits of information you might need if you get amnesia or your family would need if you get hit by a bus
CEO Letter | Zappos.com
http://blogs.zappos.com/ceoletter
Zappos email to customers & Amazon video about Amazon & acquisition. WOW!
Free shipping BOTH ways, 365-day return policy, 24/7 customer service. Millions of men's shoes, women's shoes, girl's shoes, boy's shoes, handbags, men's clothing, women's clothing, Uggs, Nike shoes!
business
A long but meaningful letter! I am so proud of them!
Michael Jackson and the Zombieconomy - Umair Haque - HarvardBusiness.org
http://blogs.harvardbusiness.org/haque/2009/06/jackson.html
amazing read this
Want to know why we have a zombieconomy? Because the beancounters killed the incentives to create real value. ... That's the big problem behind the zombieconomy. We don't reward people for creating, growing, nurturing, or even remixing assets. We just reward them for allocating the same old assets. That 's not an economy: it's just a game of musical chairs. Hence, no new finance, healthcare, educational, auto, or, yes, music, industry — for decades.
No wonder everyone wants to be a banker, investor, or [insert beancounter here]. There's no money left in anything else. That's the big problem behind the zombieconomy. We don't reward people for creating, growing, nurturing, or even remixing assets. We just reward them for allocating the same old assets.
If the world's biggest pop star only made $12 million a year from his recordings, why would anyone make serious music? Where did the rest of the money go? Why, straight into record labels' pockets. Did they make better music with it? Nope — they made Britney and Lady GaGa. And that's how they killed themselves: by underinvesting in quality, to rake in the take.
Want to know why we have a zombieconomy? Because the beancounters killed the incentives to create real value.
Credit Card Repayment Calculator
http://www.federalreserve.gov/creditcardcalculator/Default.aspx
calculate how long you'll be in credit card debt, from board of governors of federal reserve system
from the Federal Reserve
Ramen Profitable
http://www.paulgraham.com/ramenprofitable.html
Please do not take the term literally. Living on instant ramen would be very unhealthy. Rice and beans are a better source of food. Start by investing in a rice cooker, if you don't have one.
Ramen profitable means a startup makes just enough to pay the founders' living expenses. This is a different form of profitability than startups have traditionally aimed for. Traditional profitability means a big bet is finally paying off, whereas the main importance of ramen profitability is that it buys you time.
10-best-and-real-work-at-home-jobs.html: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/career-work/article/107428/10-best-and-real-work-at-home-jobs.html?mod=career-leadership
I wouldn't mind doing some of these.
Homewiththekids.com
The Matrix, but with money: the world of high-speed trading - Ars Technica
http://arstechnica.com/tech-policy/news/2009/07/-it-sounds-like-something.ars
The Matrix, but with money
Supercomputers pitted against one another in a high-stakes battle of attack and counterattack over a global network where predatory algorithms trawl the information stream, competing every millisecond to gain an informational advantage over rivals. It sounds like Hollywood fiction, but it's just an average trading day on the stock market.
COULD YOU SURVIVE WITHOUT MONEY?MEET THE GUY WHO DOES: DETAILS Article on men.style.com men.style.com: Fashion and Lifestyle News from the Online Home of GQ and Details
http://www.men.style.com/details/features/landing?id=content_9817
"Suelo's been here for three years, and it smells like it. " http://tr.im/vasK [from http://twitter.com/techpr/statuses/3088661236]
"When I lived with money, I was always lacking. Money represents lack. Money represents things in the past (debt) and things in the future (credit), but money never represents what is present."
HE WASN'T ALWAYS THIS WAY. SUELO graduated from the University of Colorado with a degree in anthropology, he thought about becoming a doctor, he held jobs, he had cash and a bank account. In 1987, after several years as an assistant lab technician in Colorado hospitals, he joined the Peace Corps and was posted to an Ecuadoran village high in the Andes.
A symbiotic relationship with industrialised society. He's almost as heavily dependent on everybody else as everybody else is. I'm not impressed at all. Nor is he all that bright: "Gold is pretty but virtually useless" - wrong. Gold is dense, soft, and therefore malleable, like lead, and both are very useful. Chimps would find such a metal (if they were bright enough to mine it, smelt it, etc.) rather handy. Then other chimps would get jealous... eventually they'd start trading it. A few thousand years later, some chimp would decide that gold is silly and go back to living in a tree (or a cage in a research facility).
"In leaner times, Suelo's gatherings include ants, grubs, termites, lizards, and roadkill. He recently found a deer, freshly run over, and carved it up and boiled it. "The best venison of my life," he says." ... ""I'll do what creatures have been doing for millions of years for retirement," he says. "Why is it sad that I die in the canyon and not in the geriatric ward well-insured?"
SecondMarket
http://www.secondmarket.com/
illiquid asset
JANE4girls $800 Annual Budget For A Family of 4
http://jane4girls800dollarannualbudget.blogspot.com/
RESPECT
Stock Your Bar for $100 - Saving Money - Lifehacker
http://lifehacker.com/5337547/stock-your-bar-for-100
cdixon.org / Ideal first round funding terms
http://www.cdixon.org/?p=271
** Posted using Viigo: Mobile RSS, Sports, Current Events and more **
good article on basic terms of a first round investment
My last 2 posts were about things to avoid, so I thought it might be helpful to follow up with something more positive. Having been part of or observed about 50 early stage deals, I have come to believe there is a clearly dominant set of deal terms. Here they are:
The real scandal at AIG is the not the bonuses. It's the payments to counterparties. - By Eliot Spitzer - Slate Magazine
http://www.slate.com/id/2213942/
It's not the bonuses. It's that AIG's counterparties are getting paid back in full.
What is the deeper relationship between Goldman and AIG? Didn't they almost merge a few years ago but did not because Goldman couldn't get its arms around the black box that is AIG? If that is true, why should Goldman get bailed out? After all, they should have known as well as anybody that a big part of AIG's business model was not to pay on insurance it had issued.
The Real AIG Scandal It's not the bonuses. It's that AIG's counterparties are getting paid back in full. By Eliot Spitzer
Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?
8 Free Online Entrepreneurial Finance Classes from MIT | College Mogul
http://www.collegemogul.com/content/8-free-online-entrepreneurial-finance-classes-mit
** Posted using Viigo: Mobile RSS, Sports, Current Events and more **
The Best Place To Hide Money: Conversation With A Burglar - SavingAdvice.com Blog
http://www.savingadvice.com/blog/2007/02/05/101141_the-best-place-to-hide-money-conversation-with-a-burglar.html
"If I can't find money and valuables in the normal places I usually find them, I would continue to tear the house apart until I found something," which is why the post advises that, in addition to your hiding spots, it's best to leave some money out in obvious places if, say, you're heading on a vacation and are concerned about would-be thieves. This can not only save your other stash of money, but may actually keep the burglar from destroying your place as he looks for where you have hidden your money. If they believe they may have found the cash that you have in the house, they are much less likely to keep looking (remember, they want to get out asap). In the end, if you hide all your money well, you may win a moral victory in not letting the burglar find the money, but you'll likely have much more damage done to your place that will end up costing you more in the long run.
Chart.ly
http://chart.ly/
from twitter, chart sharing
Service to share charts on Twitter
101 Helpful Tips and Tricks for Freelancers | Freelance Apple
http://www.freelanceapple.com/101-helpful-tips-and-tricks-for-freelancers/
Hey- thought this might be useful to you as well, as a consultant/contractor.
BrightScope | 401k Plan Ratings
http://www.brightscope.com/
fabulous-freebies-2009.html: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/banking-budgeting/article/107638/fabulous-freebies-2009.html?mod=banking-budgeting
Personal Finance, banking-budgeting
Free Money Finance: Life or Debt? 41 Financial Calculators for Major Life Decisions
http://www.freemoneyfinance.com/2009/08/life-or-debt-42-financial-calculators-for-major-life-decisions.html
a bestiary of algorithmic trading strategies « Locklin on science
http://scottlocklin.wordpress.com/2009/08/17/a-bestiary-of-algorithmic-trading-strategies/
Quants come in three basic varieties. 1. Structurers: people who price complex financial instruments. 2. Risk managers people who manage portfolio risk 3. Quant traders people who use statistics to make money by buying and selling most quants are structurers. Of course, there is often bleed over between these varieties -but it’s a useful taxonomy for looking for work. I’ve done a little of all three at this point (very little, honestly), and have always liked quant trading problems more than the other two varieties. It’s the most ambitious, and the most likely to net you a career outside of a large organization (go me: Army of one!). It’s also the most mysterious, since successful quant traders don’t like to talk about what they do. Structurers and risk managers have to talk about what they do, almost by definition. Quant traders gain little from talking about their special sauce.
***** very good and deep articles on finance topics by "Locklin on science"
vocab of "job specs" in trading
Google Domestic Trends - Google Finance
http://www.google.com/finance/domestic_trends
Google Domestic Trends track Google search traffic across specific sectors of the economy. Changes in the search volume of a given sector on google.com may provide unique economic insight. You can access individual trend indexes by clicking on the left-hand navigation.
Google Domestic Trends track Google search traffic across specific sectors of the economy.
5 Ways Banks Are Using Social Media
http://mashable.com/2009/09/11/banks-social-media/
Many banks have started using social websites to help them with everything from healing the financial industry to promoting their latest credit cards. By embracing the most popular tools available, the industry has also been embracing the best of what social media culture has to offer, and smaller, community banks seem to be leading the charge when it comes to social media innovation.
The next generation bends over - (37signals)
http://37signals.com/svn/posts/1927-the-next-generation-bends-over
Leaders retire with $, but then get bored, then have to do something else. Should have stuck with it
As a MINT user, the only real question I had was whether I trust my data in the hands of Intuit. I have decided to take that chance until I learn something differently.
"As more great new companies are absorbed into big old companies, a whole new generation of change is lost. They can issue press releases saying how excited they are to be able to bring their product to a whole new world of customers, and how their new suitor will bring enormous resources to bear, but we know that’s usually not really what happens. Development slows, products stall, the staff that built the great stuff leaves, and mediocrity creeps in. Not always, but usually."
When Money Buys Happiness - TierneyLab Blog - NYTimes.com
http://tierneylab.blogs.nytimes.com/2009/06/29/when-money-buys-happiness/
happiness most often comes from experiences...
Cars that make you happy: BMW 325, 535, M3, and X3, Audi A4, Jaguar, Mazda Miata, Subaru WRX, Toyota Matrix, Prius, and Corolla, Honda Civic.
How Did Economists Get It So Wrong? - NYTimes.com
http://www.nytimes.com/2009/09/06/magazine/06Economic-t.html?_r=1
»But what’s almost certain is that economists will have to learn to live with messiness.«
It’s hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes — or so they believed — were both theoretical and practical, leading to a golden era for the profession.
By Paul Krugman
Tech Investor News - Always Updating Technology Financial News
http://www.techinvestornews.com/page-one.html
The demise of the dollar - Business News, Business - The Independent
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.
The demise of the dollar - Business News, Business - The Independent
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.
Content Type: text/html;charset=ISO-8859-1, size: 300,585 bytes
Everything You Wanted To Know About Startup Building But Were Afraid To Ask
http://www.techcrunch.com/2009/10/07/everything-you-wanted-to-know-about-startup-building-but-were-afraid-to-ask/
Sandwich Price Calculator
http://www.cockeyed.com/inside/sandwich/sandwich_calculator.shtml
Good-Bye, Microsoft Money! 16 Powerful Personal Finance Programs * Get Rich Slowly
http://www.getrichslowly.org/blog/2009/07/01/good-bye-microsoft-money-16-powerful-personal-finance-programs/
So You Want to Start a Startup? 5 Places to Start - The Netsetter
http://thenetsetter.com/blog/startups/so-you-want-to-start-a-startup-5-places-to-start/
The world is rife with business opportunity, and nowhere more so than online. I often think of the web as something of a wild west frontier, awaiting anyone
shopping cart
The world is rife with business opportunity, and nowhere more so than online. I often think of the web as something of a wild west frontier, awaiting anyone intrepid enough to stake out a claim. But to start an online venture you first need to have an idea of what you want to do. For many would-be entrepreneurs ideas are many and easy to come by, but not everyone feels this way.
So let’s say I was setting out to start a new business tomorrow. I would sit down and think about what sorts of problems I have, both offline and on, and how I wish they could be fixed with an online solution. When thinking of solutions, I always ask myself whether I, myself would really use the solution if some other company magically brought it to market right now. It’s important to be honest and realistic with yourself because if you wouldn’t use the thing, chances are neither will others.
やがてくる大増税時代に豊かに生活するために準備すべきこと - 分裂勘違い君劇場
http://d.hatena.ne.jp/fromdusktildawn/20091012/p1
要するに、重税社会というのは、貨幣システムの利用料がバカみたいに高くなる社会だ。
法人と違って、個人間での取引の場合、現金の受け渡し記録が残らないようにすれば消費税や所得税を課税するのはかなり困難だからだ。 もちろん、ヤフオクなどのように、支払い記録が残るようなシステムは使わない。そんなことをすると、税務署に把握されてしまうからだ。 基本的には、知り合
上に歪んだ政策あれば、下に歪んだ対策が必要になる。
20-ways-to-waste-your-money.html: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/family-home/article/107388/20-ways-to-waste-your-money.html?mod=banking-budgeting
ck or two here and there may not seem like a big deal. But if you're frequenting ATMs outside your bank's network
Wall Street's Naked Swindle : Rolling Stone
http://www.rollingstone.com/politics/story/30481512/wall_streets_naked_swindle/print
"Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class".
The SEC's halfhearted oversight didn't go unnoticed by the market. Six months after Bear was eaten by predators, virtually the same scenario repeated itself in the case of Lehman Brothers — another top-five investment bank that in September 2008 was vaporized in an obvious case of market manipulation. From there, the financial crisis was on, and the global economy went into full-blown crater mode.
ant. Under what became known as the "options market maker exception," the SEC permitted a market maker to sell shares whether or not he had them or could find them right away. In theory, this made sense, since delaying the market maker from selling to offset a big buy order could dry up liquidity and slow down trading. But it also created a loophole for naked short-sellers to kill stocks easily — and legally. Take Bear Stearns, for example. Say the stock is trading at $62, as it was on March 11th, and someone buys put options from the market maker to sell $1.7 million in Bear stock nine days later at $30. To offset that big trade, the market maker might try to keep his own portfolio balanced by selling off shares in the company, whether or not he can locate them. But here's the catch: The market maker often sells those phantom shares to the same person who bought the put options. That buyer, after all, would love to snap up a bunch of counterfeit Bear stock, since he can driv
Naked short-selling, and how it brought down Bear Stearns (well, that and their ludicrous debt-to-asset ratio).
kaChing
http://www.kaching.com/
Business Information and News: Track, Connect and Share - Tracked.com
http://www.tracked.com/
Today, we are proud to launch Tracked.com, a new kind of business service. Tracked.com is the only website in the world where business information, communications and connections come together to enhance your business life.
By http://bit.ly/Tweets2Delicious
Money Saving Tools: 190 Resources For Saving Money
http://www.wisebread.com/resources
Over 190 of the most useful money saving websites, online guides, and tools that help you expertly manage your personal finances. There are budgeting tools, job and career resources, rate comparison sites for bank accounts, credit cards and phone bills, budget travel websites, money resources for students, and lots of deals & coupons!
Great list of resources for the penny-wise
Here's the ultimate guide to 190 of the best budgeting tools, deals & coupon sites, rate comparison engines, and personal finance resources online. This list has everything you need to start saving money immediately.
How the Government Dealt With Past Recessions - Interactive Graphic - NYTimes.com
http://www.nytimes.com/interactive/2009/01/26/business/economy/20090126-recessions-graphic.html
Since the Great Depression, presidents have frequently experimented with Keynesian economics to combat recessions. Three economists chronicle the history of government policy during past recessions and explain what worked and what didn’t.
Keynesian economics
A possible web page for International Finance of Princ of finance
OpenSecrets | OpenSecrets.org Goes OpenData - Capital Eye
http://www.opensecrets.org/news/2009/04/opensecretsorg-goes-opendata.html
Portal que intenta hacer pública información sobre los secretos de Washington DC
RT @cshirky: RT THIS is a big deal. OpenSecrets.org releases 200 million [gov't] data records. Today. http://bit.ly/fdXS [from http://twitter.com/danielgillval/statuses/1512025784]
Measuring Link-Bait of Articles I have flagged in the past.
OpenSecrets.org opens up its data -- feel free to mashup information on campaign finacnce, lobbying, personal finances and much more
15 Podcasts That Will Make You Richer | Business Pundit
http://www.businesspundit.com/15-podcasts-that-will-make-you-richer/
Invoice Like A Pro: Examples and Best Practices - Smashing Magazine
http://www.smashingmagazine.com/2009/11/05/invoice-like-a-pro
8 Questions to Ask BEFORE Hiring a Financial Planner ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/04/16/8-questions-to-ask-before-hiring-a-financial-planner/
important feedback in the comments, good stuff
Good Question! The Eight Best Questions We Got While Raising Venture Capital
http://www.techcrunch.com/2009/11/18/good-question-the-eight-best-questions-we-got-while-raising-venture-capital/
It’s hard to express just how much settling those questions has galvanized Redfin to attack the monsters under our bed. Sure, we were dimly aware of those problems before, but we existed in a state of seething, unacknowledged tentativeness. Weeks of contemplating what it will take for us to win prepared Redfin to swallow the red pill, stuff the TaunTaun, hack the Kobayashi Maru. At very few moments in a company’s history does it makes its way so deliberately. Like the recovered patient who saw while sick everything she had always meant to do, we want to make the most of our new lease on life.
For me, the most important point is that whatever questions others ask about your business are worth recording, cataloguing and quantifying
" the questions VCs asked Redfin that changed how we think about our business."
50+ Free iPhone Apps to Make You Richer
http://mashable.com/2009/02/02/free-financial-iphone-apps/
20 Free Online Finance Courses - Take Money Classes From the Comfort of Your Home : Generation X Finance
http://genxfinance.com/2009/03/16/20-free-online-finance-courses-take-money-classes-from-the-comfort-of-your-home/
14 Best Times to Make Major Purchases
http://www.billshrink.com/blog/timely-purchases/
When it comes to major purchases - like cars, computers, airline tickets - simply buying them whenever rarely get you the best deal.
Elizabeth Warren: America Without a Middle Class
http://www.huffingtonpost.com/elizabeth-warren/america-without-a-middle_b_377829.html
While the middle class has been caught in an economic vise, the financial industry that was supposed to serve them has prospered at their expense. Consumer banking -- selling debt to middle class families -- has been a gold mine. Boring banking has given way to creative banking, and the industry has generated tens of billions of dollars annually in fees made possible by deceptive and dangerous terms buried in the fine print of opaque, incomprehensible, and largely unregulated contracts. And when various forms of this creative banking triggered economic crisis, the banks went to Washington for a handout. All the while, top executives kept their jobs and retained their bonuses. Even though the tax dollars that supported the bailout came largely from middle class families -- from people already working hard to make ends meet -- the beneficiaries of those tax dollars are now lobbying Congress to preserve the rules that had let those huge banks feast off the middle class.
Today, one in five Americans is unemployed, underemployed or just plain out of work. One in nine families can't make the minimum payment on their credit cards. One in eight mortgages is in default or foreclosure. One in eight Americans is on food stamps. More than 120,000 families are filing for bankruptcy every month.
Can you imagine an America without a strong middle class? If you can, would it still be America as we know it?
it's time to steal from the rich
Best Entrepreneur Stories - 10 of My Favorite Podcasts | JonBischke.com
http://jonbischke.com/2009/03/27/best-entrepreneur-stories-podcasts/
Invest simple with Lazy Portfolios - MarketWatch.com
http://www.marketwatch.com/lazyportfolio
Lazy Portfolios are helping investors intelligently build simple, successful winning portfolios by themselves and you watch your nest egg grow
FindABetterBank - A free, unbiased tool to compare banks in the US
http://www.findabetterbank.com/
Financial Times Lexicon - The definitive glossary of economic, financial and business terms
http://lexicon.ft.com/
Financial Times Lexicon
Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.
- The definitive glossary of economic, financial and business terms
Tax Information for Students
http://www.irs.gov/individuals/students/index.html
Practical Money Skills - Financial Literacy for Everyone
http://www.Practicalmoneyskills.com/
Financial Literacy for Everyone
You Can Negotiate Anything * Get Rich Slowly
http://www.getrichslowly.org/blog/2009/12/08/you-can-negotiate-anything/
Your Credit Report: What it Says About You, Your Credit Rating, Reporting Agencies, Loan Decisions, and Correcting Errors - an FRBSF Brochure
http://www.frbsf.org/publications/consumer/creditreport.html
amanda fucking palmer » blog
http://blog.amandapalmer.net/post/200582690/why-i-am-not-afraid-to-take-your-money-by-amanda
WHY I AM NOT AFRAID TO TAKE YOUR MONEY, BY AMANDA FUCKING PALMER
"listen. artists need to make money to eat and to continue to make art. artists used to rely on middlemen to collect their money on their behalf, thereby rendering themselves innocent of cash-handling in the public eye. artists will now be coming straight to you (yes YOU, you who want their music, their films, their books) for their paychecks. please welcome them. please help them. please do not make them feel badly about asking you directly for money. dead serious: this is the way shit is going to work from now on and it will work best if we all embrace it and don’t fight it. unless you’ve been living under a rock, you’ve surely noticed that artists ALL over the place are reaching out directly to their fans for money. how you do it is a different matter. maybe i should be more tasteful. maybe i should not stop my concerts and auction off art. i do not claim to have figured out the perfect system, not by a long shot."
if you think i’m going to pass up a chance to put my hat back down in front of the collected audience on my virtual sidewalk and ask them to give their hard-earned money directly to me instead of to roadrunner records, warner music group, ticketmaster, and everyone else out there who’s been shamelessly raping both fan and artist for years, you’re crazy.
"artists will now be coming straight to you (yes YOU, you who want their music, their films, their books) for their paychecks. please welcome them. please help them. please do not make them feel badly about asking you directly for money. dead serious: this is the way shit is going to work from now on and it will work best if we all embrace it and don’t fight it."
Obama's Big Sellout : Rolling Stone
http://www.rollingstone.com/politics/story/31234647/obamas_big_sellout/print
The president has packed his economic team with Wall Street insiders intent on turning the bailout into an all-out giveaway. By Matt Taibbi
"What's taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history. Elected in the midst of a crushing economic crisis brought on by a decade of orgiastic deregulation and unchecked greed, Obama had a clear mandate to rein in Wall Street and remake the entire structure of the American economy. What he did instead was ship even his most marginally progressive campaign advisers off to various bureaucratic Siberias, while packing the key economic positions in his White House with the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside."
The controversial Matt Taibbi December 2009 Rolling Stone article.
Where Does My Money Go?
http://www.wheredoesmymoneygo.org/prototype/
Excellent visualisation of UK government spending volume
The Simple Dollar » Seven Ways I Use Evernote to Improve My Finances
http://www.thesimpledollar.com/2009/07/06/seven-ways-i-use-evernote-to-improve-my-finances/
Over the past several months, I’ve gradually come to use Evernote for all kinds of tasks, from managing my writing to jotting down grocery ideas to drafting articles. It’s free and it’s become my single most used application on every computer I use – my Mac (where I do most of my work), my laptop (remember the frugal laptop? I’m still using it!), and even my iPod Touch, which is constantly in my pocket. A big nod to Manny, a long-time Simple Dollar reader who introduced me to Evernote (see comment #5 on that thread).
agile approach | World Bank Open API 2.0 Launched
http://www.agileapproach.com/blog-entry/world-bank-api-20-launch
La revolución también impacta a los mayores organismos de banca multilateral en el planeta. El Banco Mundial ha lanzado un mecanismo para compartir la información económica que ha recolectado durante 50 años, con quien quiera utilizarla para crear aplicaciones en los nuevos entornos web
The Rage of the Privileged Class As It Loses Its Privileges -- New York Magazine
http://nymag.com/news/businessfinance/56151/
It is difficult to sympathize with these people, their comments laced with snobbery and petulance. But you can understand their shock: Their world has been turned on its head. After years of enjoying favorable tax rates, they are facing an administration that wants to redistribute their wealth. Their industry is being reordered—no one knows what Wall Street will look like in a few years. They are anxious, and their anxiety is making them mad.
Wall Street people are not moral idiots (most of them, anyway)—it’s not as if they’ve never pondered the fairness of their enormous salaries. “One of my relatives is a doctor, we’re both well-educated, hardworking people. And he certainly didn’t make the amount of money I made,” a former Bear Stearns senior managing director tells me. “I would be the first person to tell you his value to society, to humanity, is far greater than anything that went on in the Bear Stearns building.”
In a witch hunt, the witches have feelings, too. As populist rage has erupted around the country, stoked by canny politicians, an opposite rage has built on Wall Street and other arenas where the wealthy hold sway. Its expression is more furtive and it’s often mixed with a kind of sublimated shame, but it can be every bit as vitriolic.
IBG-YBG: I’ll be gone, you’ll be gone
As the privileged class loses its privileges, a collective moan rises from the canyons of Wall Street.
It was the culture of what some called IBG-YBG: I’ll be gone, you’ll be gone,”
5 Ways Twitter Can Save You Money
http://mashable.com/2009/06/18/twitter-save-money/
Pilsner economic indicator: Lowest beer sales in Germany since reunification. http://tiny.cc/yZmwY (via @bill_easterly) [from http://twitter.com/pkedrosky/statuses/3231803829]
The High Cost of Poverty: Why the Poor Pay More - washingtonpost.com
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/17/AR2009051702053.html?referrer=emailarticle
Travel full-time for less than $14,000 per year « I Will Teach You To Be Rich
http://www.iwillteachyoutoberich.com/blog/cheap-travel/#tip1
Very helpful article for travel-lovers!!!
Ooh lala -- I like these sites and would gladly move to France for a year to take care of a cat
I am not rich. I am not a trust child, nor do I have rich parents, a sugar daddy, or a stream of income that allows me to live the high life on the road. Full time travel doesn’t have to be expensive, and after two years on the road, I’ve learned plenty of tricks to travel the world without breaking the bank, and without an end in sight.
Printable Coupons - 90,000 free printable coupons at RetailMeNot.com
http://www.retailmenot.com/printable/
We can promote our coupons through this channel.
Apparent Software blog » Blog Archive » “Is PayPal good for your microISV business?” A short PayPal horror story
http://blog.apparentsoft.com/business/124/is-paypal-good-for-your-microisv-business-a-short-paypal-horror-story/
If you’re selling anything and use PayPal as your only payment option, I urge you to reconsider. They can cut your oxygen supply right at peak of your success, of course “for your own protection”.
Total Cost of Ownership: iPhone 3G S versus Palm Pre versus Android G1 | Shrinkage Is Good
http://www.billshrink.com/blog/iphone-versus-palm-pre-versus-android/
25 Essential Books About Money: Financial Wisdom from Your Public Library * Get Rich Slowly
http://www.getrichslowly.org/blog/2009/06/11/25-essential-books-about-money-financial-wisdom-from-your-public-library/
provides
The Master of Money
http://www.tnr.com/story_print.html?id=12ef5554-1023-4be9-ad93-681003b280ef
"There has never really been a bad time in the last fifty years to be Warren Buffett, but just now would seem to be less favorable than most. If Buffett still measures his life by the book value per share of Berkshire Hathaway, then for the first time in forty years he must feel like a wasting asset. His share price is still off more than 40 percent from its highs, underperforming even the S&P 500. He railed against derivatives as weapons of mass destruction, and now turns out to have been sitting on a $68 billion pile of credit default swaps and exotic put options on various stock market indexes. And having vowed never again to become entangled in a big Wall Street investment bank, he has gone and sunk $10 billion into Goldman Sachs, a virtual re-enactment of his investment in Salomon Brothers--cash for reputation. The difference this time is that he has gotten himself a sweeter deal than not merely ordinary shareholders, but also the U.S. Treasury."
review by michael lewis of Snowball. a biography of Warren Buffet
Article on Warren Buffet.
Lifehacker - Negotiate Your Salary More Effectively - Career
http://lifehacker.com/5242304/negotiate-your-salary-more-effectively
give you time to think about it while also putting a little pressure on the employer.
Snowflaking - A Primer | I've Paid For This Twice Already...
http://www.paidtwice.com/2007/10/12/snowflaking-a-primer/
win-at-the-credit-scoring-game.html: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/banking-budgeting/article/107618/win-at-the-credit-scoring-game.html?mod=bb-creditreports
Winning at the Credit Score Game
100+ Sites for Learning about Business
http://c4lpt.co.uk/Showcase/100business.html
Lista , Sites Grátis para Aprender sobre Negócios
10-things-not-to-buy-in-2010: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/family-home/article/108504/10-things-not-to-buy-in-2010
Coursesmart.com
Interesting, I wonder if these predictions will come true?
10 yrs. ago, most homes relied on dial-up connections to get to the web and iPods, cool flat-screen televisions and the Nintendo Wii didn't exist.
Our Epistemological Depression — The American, A Magazine of Ideas
http://american.com/archive/2009/our-epistemological-depression
financial crisis
Great article -- recommended by Jeremy Shapiro. One part of the argument: the fallacy of the belief in diversification and complexity.
Very interesting article about the causes of the current crisis.
By Jerry Z. Muller Thursday, January 29, 2009 Major recessions are characterized by something novel. Opacity and pseudo-objectivity created the crisis today.
52 ways to make extra money - Smart Spending Blog - MSN Money
http://blogs.moneycentral.msn.com/smartspending/archive/2009/02/06/52-ways-to-make-extra-money.aspx
Consumer Action Handbook - View Handbook
http://www.consumeraction.gov/viewpdf.shtml
A site for consumer protection and with links to government agencies and resources for the consumer.
Consumer Action Handbook, including the consumer topics, the directory listings, the sample complaint letter, and the index.
buying car/home, identity theft, credit, consumer complaints
Money: Track Your Spending with Gmail and Google Docs
http://lifehacker.com/5140271/track-your-spending-with-gmail-and-google-docs
Top excuses and tactics: Why haven’t you started your own business? « I Will Teach You To Be Rich
http://www.iwillteachyoutoberich.com/blog/starting-a-business/
Good business ideas cross over into good businesses with the following factors in place: Natural Passion and Interest + Skill and competence + Business model that delivers the life you want to live + Solid business planning with well-defined market
Packing the Right Credit Card - Frugal Traveler Blog - NYTimes.com
http://frugaltraveler.blogs.nytimes.com/2009/01/27/packing-the-right-credit-card/
Tips on credit cards AND travel insurance
Suggests getting a Capital One card.
But why pay any fees at all? To keep from handing banks money unnecessarily (isn’t the bailout enough?), I also keep a money market account at Capital One Direct Banking, which charges nothing (and earns me No Hassle rewards points). I linked this Capital One online account to transfer money regularly from my Bank of America account. The transfers can take awhile — up to a week — so I always make sure to get that under way well in advance.
v
CalvinHobbs.BMP (image)
http://2.bp.blogspot.com/_djgssszshgM/SYXCzpR0MbI/AAAAAAAAAyY/VYle3udsueo/s1600-h/CalvinHobbs.BMP
Incisive
"15 year old Calvin and Hobbes strip with almost clairvoyance on how we got into our current financial crisis.‏"
Calvin needs a bailout
http://tr.im/glf8 - via gregmankiw.blogspot.com Explains it so well! [from http://twitter.com/hardmanjustin/statuses/1217823016]
Creatively Handling the Admin Side of Freelancing - Smashing Magazine
http://www.smashingmagazine.com/2010/01/11/creatively-handling-the-admin-side-of-freelancing/
There are very few who would argue against the notion that most freelance professionals, especially those operating in the design/development and writing arenas, tend...
Earning more money: How to turn your skills into services that people will pay for | I Will Teach You To Be Rich
http://www.iwillteachyoutoberich.com/blog/earn-more-money-turn-skills-into-income/
You have to package your knowledge into something that clients can recognize as valuable. How to develop a product/ make your freelance skills valuable to others
Part of a series of posts by Ramit
経済学〔現代経済理解へのガイド〕
http://koitiyano.hp.infoseek.co.jp/rikai/
08年度駒澤大学「経済学<現代経済理解へのガイド>」(講師:矢野浩一)講義資料。前期「ミクロ経済学入門」、後期「マクロ経済学入門」。
ナイスな資料。
簿記2,3級を独学で同時に3週間で受かる方法
http://anond.hatelabo.jp/20081220025833
ただ、分析をしっかりしすぎた結果、簿記ちょっと難しくね?という印象を持たれかねないと思ったので、 シンプルにこれだけやれば受かりますよという間口として分かりやすさが必要と思い、別のものを書かせてもらった。
12-words-you-can-never-say-in-the-office.html: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/career-work/article/107602/12-words-you-can-never-say-in-the-office.html
It's not an intranet, it's a VPN. It's not an extranet, it's a VPN. Hahahaha, I remember PointCast! (But push is back, at least on certain mobile devices that don't let you run background processes ...)
This list is useful for 20-somethings, too. Now when the senior person in the office uses one of these terms, you'll know what he's talking about.
i'm gonna use these as much as possible from now on.
AAHSA: American Association of Homes and Services for the Aging
http://www.aahsa.org/
The members of the American Association of Homes and Services for the Aging (AAHSA) help millions of individuals and their families every day through mission-driven, not-for-profit organizations dedicated to providing the services that people need, when they need them, in the place they call home. Our 5,700 member organizations, many of which have served their communities for generations, offer the continuum of aging services: adult day services, home health, community services, senior housing, assisted living residences, continuing care retirement communities and nursing homes. AAHSA's commitment is to create the future of aging services through quality people can trust.
In Wal-Mart's Image | The American Prospect
http://prospect.org/cs/articles?article=in_walmarts_image
In Wal-Mart's Image The "values" of the largest private-sector employer in the U.S. are shaping our national economy -- and that's a very bad thing.
"The "values" of the largest private-sector employer in the U.S. are shaping our national economy -- and that's a very bad thing."
"Wal-Mart's more serious failure of market penetration remains its inability to break into America's major coastal cities or Chicago. There, the specter of its superstores -- stores that include supermarkets, whose success has already given Wal-Mart 30 percent of the U.S. retail food market -- poses a direct threat to unionized supermarket workers. In 2003, Southern California supermarkets, after decades of mutually profitable labor relations, told the United Food and Commercial Workers that they would have to reduce wages and benefits to compete with Wal-Mart, and, after breaking the union's strike, imposed a contract in which new hires were offered not the traditional health insurance package but one modeled on Wal-Mart's. At the time, the proportion of Southern California grocery workers with health insurance stood at 94 percent; by 2007, it had declined to 54 percent."
Bundle: The No. 1 Source for How People Spend and Save Money -- Personal Finance Data, Money Advice, Trends, News and Community
http://www.bundle.com/
Congratulations, Google staff: $210k in profit per head in 2008 | Royal Pingdom
http://royal.pingdom.com/2009/05/14/congratulations-google-staff-210k-in-profit-per-head-in-2008/
Google factura 210k$ por personal. listado de ranking de facturación por empleado
Doing this study could totally open any company's mind
Google had $209,624 in profit per employee in 2008, which beats all the other large tech companies we looked at, including big hitters like Microsoft, Apple, Intel and IBM.
In that sense Microsoft is doing a very good job considering that they are close to matching Google in spite of having 4.5 times as many employees. And of course, looking at overall profit for the company, Microsoft is way ahead of every other company on this list.
John Paulson Profits in Downturn - Executive Articles - Portfolio.com
http://www.portfolio.com/executives/features/2009/01/07/John-Paulson-Profits-in-Downturn
Wall Street's Bailout Hustle : Rolling Stone
http://www.rollingstone.com/politics/story/32255149/wall_streets_bailout_hustle/print
"Con artists have a word for the inability of their victims to accept that they've been scammed. They call it the 'True Believer Syndrome'. That's sort of where we are, in a state of nagging disbelief about the real problem on Wall Street. It isn't so much that we have inadequate rules or incompetent regulators, although both of these things are certainly true. [..] Instead of liquidating and prosecuting the insolvent institutions that took us all down with them in a giant Ponzi scheme, we have showered them with money and guarantees and all sorts of other enabling gestures."
dissecting wall street as a series of cons
Still, the trick for Goldman was: how to collect the insurance money. As AIG headed into a tailspin that fateful summer of 2008, it looked like the beleaguered firm wasn't going to have the money to pay off the bogus insurance. So Goldman and other banks began demanding that AIG provide them with cash collateral. In the 15 months leading up to the collapse of AIG, Goldman received $5.9 billion in collateral. Société Générale, a bank holding lots of mortgage-backed crap originally underwritten by Goldman, received $5.5 billion. These collateral demands squeezing AIG from two sides were the "Swoop and Squat" that ultimately crashed the firm. "It put the company into a liquidity crisis," says Eric Dinallo, who was intimately involved in the AIG bailout as head of the New York State Insurance Department.
Matt Taibbi gets very angry at Wall Street again; I'm not sure how fair some of it is, but it's entertaining stuff.
No Accounting For Startups « Steve Blank
http://steveblank.com/2010/02/22/no-accounting-for-startups/
I completely agree here with Steve's comments on what matters when measuring startups, and it's not balance sheets and income statements
Startups that are searching for a business model need to keep score differently than large companies that are executing a known business model. Yet most entrepreneurs and their VC’s make startups use financial models and spreadsheets that actually hinder their success.
to read
Background Briefing - 29 March 2009 - MBA: Mostly bloody awful
http://www.abc.net.au/rn/backgroundbriefing/stories/2009/2526727.htm
Something happened to management culture decades ago and now being a Master of Business Administration, especially from Harvard, is rather on the nose. MBA, it's being said, can also stand for 'Mediocre but Arrogant', or 'Management by Accident'. Reporter, Stephen Crittenden.
"Fedex.com makes shipping so fast and easy, even an MBA can do it " (sweet ad) - education shaping culture, heritages squandered - Transcript of Henry Mintzberg, Phillip Delves Broughton, Russell Ackoff, Rakesh Khurana, Will Hooper et al on MBA's, admittance, arrogance, attitudes, best-and-brightest, compensation, elites, quantity over quality, risk averse people taking risks, syndromes, Taylorism and scientism, professions (over practices) - "educating for hubris" - Warren Buffet turned down by HBS, unlike Dubya who "was certainly decisive, let alone divisive, and he was decisive in utter ignorance. The case study method does that" - Leadership? "That's a disease in the United States. Everything is going to be cured by leadership. Look, every time you talk leadership, you're talking followership" - failed models, over-confidence that we have the right-answer - fast tracks (when there is no short cut), credentials over merit
The failure of business schools.
Failure to save East Europe will lead to worldwide meltdown - Telegraph
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4623525/Failure-to-save-East-Europe-will-lead-to-worldwide-meltdown.html
The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point.
EMU - european monetary union
"There are accidents waiting to happen across the region, but the EU institutions don't have any framework for dealing with this. The day they decide not to save one of these one countries will be the trigger for a massive crisis with contagion spreading into the EU."
Brazil lost 650K jobs in 1 mo - Jan apparently??? how
Op-Ed Contributors - The End of the Financial World as We Know It - NYTimes.com
http://www.nytimes.com/2009/01/04/opinion/04lewiseinhorn.html
The Wallstreet mindset that allowed the Madoff scandal to happen, and how to fix it.
Required reading, Part I.
OUR financial catastrophe, like Bernard Madoff’s pyramid scheme, required all sorts of important, plugged-in people to sacrifice our collective long-term interests for short-term gain. The pressure to do this in today’s financial markets is immense... The tyranny of the short term has extended itself with frightening ease into the entities that were meant to, one way or another, discipline Wall Street, and force it to consider its enlightened self-interest.
financial crisis
** Posted using Viigo: Mobile RSS, Sports, Current Events and more **
Do A Total Background Check On Yourself - The Consumerist
http://consumerist.com/2010/02/get-all-your-reports.html
List of multiple agencies that have information about you
SeriesSeed.com
http://www.seriesseed.com/
These are an even better idea than the Common Application for college.
open source term sheet templates and share contracts created by Marc Andreessen's company.
Open Source legal documents for startups from Andreesen Horowitz
Free templated – but flexible – legal documents for entrepreneurs to use for seed-stage deals.
Budget Your Trip: Travel Costs for a Round the World Trip or Weekend Vacation
http://www.budgetyourtrip.com/
Estimate travel costs by country, city, and category. Use the Estimate Trip Costs search form to plan your expenses, or browse the list of countries. The trip expenses entered by other travelers help us calculate daily averages by location and category.
Recommended by Lifehacker
Track Find out how you spent your money with charts, tables, categories, and daily averages. Sign Up and start a trip to find out how easy it can be.
The Daily Show Full Episode | Thursday Mar 12 2009 | Comedy Central
http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533
links to broadcast and unedited videos of Cramer-Stewart interview
Jon Stewart skewers Jim Cramer
Thursday Mar 12 2009 | Comedy Central. John Stewart interviewed CNBC pundit Jim Cramer, berating him for misreporting news on the financial crisis on his show ‘Mad Money.’ Stewart used video clips where Cramer contradicted himself.
John Stewart and the daily show
100 Useful Research Tools for Amateur Economists | Rated Colleges
http://www.ratedcolleges.com/blog/2009/100-useful-research-tools-for-amateur-economists/
important research document
Rated Colleges Top Rated Online Colleges and Universities 100 Useful Research Tools for Amateur Economists Posted By Site Administrator You don’t have to be a professional economist to do some really great research on the web. Whether you’re looking into historical trends, modern buying patterns or the latest stats on the global financial market you won’t find any shortage of information to keep you interested. Here are 100 great resources to utilize that can help you find, organize and understand your economic research. General Tools These tools offer some great general research material, help getting it all organized and some essential search capabilities. Internet Resources for Economists: This extensive list will direct you towards journals, economic research institutions, software and more that can be helpful in your search for information. American Economic Association: Here you’ll find a wealth of resources including journals, papers and links to members who may be able to he
Nasdaq Day Trading Simulator - Practice Makes Perfect - Tradingsim.com
http://www.tradingsim.com/
Cool tool to practice what day trading is like before you actually do it and bankrupt yourself!
The Worlds First Web Based Day Trading Simulator. Practice trading US equities with our stock trading simulator tool. Become a master day trader before you committ your capital
The Atlantic Online | December 2008 | Pop Psychology | Virginia Postrel
http://www.theatlantic.com/doc/print/200812/financial-bubbles
imperfect people create imperfect financial situations, regardless of prior experiences. fascinating!
Postrel on a laboratory experiment where people buy and sell a guaranteed and specified security. "Here, finally, is a security with security—no doubt about its true value, no hidden risks, no crazy ups and downs, no bubbles and panics. The trading price should stick close to the expected value. At least that’s what economists would have thought before Vernon Smith, who won a 2002 Nobel Prize for developing experimental economics, first ran the test in the mid-1980s. But that’s not what happens. Again and again, in experiment after experiment, the trading price runs up way above fundamental value. Then, as the 15th round nears, it crashes...you don’t just get random noise. You get bubbles and crashes. Ninety percent of the time. So much for security. "
These lab results should give pause not only to people who believe in efficient markets, but also to those who think we can banish bubbles simply by curbing corruption and imposing more regulation. Asset markets, it seems, suffer from irrepressible effervescence. Bubbles happen, even in the most controlled conditions.
financial bubbles
At least that’s what economists would have thought before Vernon Smith, who won a 2002 Nobel Prize for developing experimental economics, first ran the test in the mid-1980s. But that’s not what happens. Again and again, in experiment after experiment, the trading price runs up way above fundamental value. Then, as the 15th round nears, it crashes. The problem doesn’t seem to be that participants are bored and fooling around. The difference between a good trading performance and a bad one is about $80 for a three-hour session, enough to motivate cash-strapped students to do their best. Besides, Noussair emphasizes, “you don’t just get random noise. You get bubbles and crashes.” Ninety percent of the time.
How to Find Great Deals on Vacation and Travel ∞ Get Rich Slowly
http://www.getrichslowly.org/blog/2009/03/31/how-to-find-great-deals-on-vacation-and-travel/
CONGRESS PASSES WIDE-RANGING BILL EASING BANK LAWS - The New York Times
http://www.nytimes.com/1999/11/05/business/congress-passes-wide-ranging-bill-easing-bank-laws.html
this is the "shotgun over the mantle" of the financial debacle we are living through -- those few with a sense of history or drama KNEW it would be fired before the play ends... and here we are
Phil Gramm
news of the repeal of the steal-glass act
The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system. -- boy did it ever!
Ground zero for the financial crisis. 1999.
Despair over financial policy - Paul Krugman Blog - NYTimes.com
http://krugman.blogs.nytimes.com/2009/03/21/despair-over-financial-policy/
The Obama administration is now completely wedded to the idea that there’s nothing fundamentally wrong with the financial system — that what we’re facing is the equivalent of a run on an essentially sound bank.
The Obama administration is now completely wedded to the idea that there’s nothing fundamentally wrong with the financial system — that what we’re facing is the equivalent of a run on an essentially sound bank. As Tim Duy put it, there are no bad assets, only misunderstood assets. And if we get investors to understand that toxic waste is really, truly worth much more than anyone is willing to pay for it, all our problems will be solved.
We should just let the banks and institutions that have been poorly managed fail.
To this end the plan proposes to create funds in which private investors put in a small amount of their own money, and in return get large, non-recourse loans from the taxpayer, with which to buy bad — I mean misunderstood — assets. This is supposed to lead to fair prices because the funds will engage in competitive bidding. But it’s immediately obvious, if you think about it, that these funds will have skewed incentives. In effect, Treasury will be creating — deliberately! — the functional equivalent of Texas S&Ls in the 1980s: financial operations with very little capital but lots of government-guaranteed liabilities. For the private investors, this is an open invitation to play heads I win, tails the taxpayers lose. So sure, these investors will be ready to pay high prices for toxic waste. After all, the stuff might be worth something; and if it isn’t, that’s someone else’s problem.
Krugman talks about structural problems that make Geithner's plan highly unlikely to work, and msot definitely transfers all risk upon the tax payer http://www.nytimes.com/2009/03/23/opinion/23krugman.html
Krugman analyzes The Geithner plan
In effect, Treasury will be creating — deliberately! — the functional equivalent of Texas S&Ls in the 1980s: financial operations with very little capital but lots of government-guaranteed liabilities. For the private investors, this is an open invitation to play heads I win, tails the taxpayers lose.
This plan will produce big gains for banks that didn’t actually need any help; it will, however, do little to reassure the public about banks that are seriously undercapitalized. And I fear that when the plan fails, as it almost surely will, the administration will have shot its bolt: it won’t be able to come back to Congress for a plan that might actually work.
Nouriel Roubini: I fear the worst is yet to come - Times Online
http://business.timesonline.co.uk/tol/business/economics/article5014463.ece
For years Dr Doom toiled in relative obscurity as a NYU economics professor under his alias, Nouriel Roubini. But after making a series of uncannily accurate predictions about the global meltdown, Roubini has become the prophet of his age, jetting around the world dispensing his advice & latest prognostications to politicians & businessmen desperate to know what happens next – and for any answer to the crisis. Most other economists scoffed at Roubini & his predictions of imminent disaster. They dismissed his warnings that the sub-prime mortgage disaster would trigger a financial meltdown & that the investment banks would be crushed as the world headed for a long recession. Yet all these predictions & more came true. Few are laughing now.
Nouriel Roubini
a Cassandra
As stock markets headed off a cliff again last week, closely followed by currencies, and as meltdown threatened entire countries such as Hungary and Iceland, one voice was in demand above all others to steer us through the gloom: that of
A Reporter at Large: Anatomy of a Meltdown: Reporting & Essays: The New Yorker
http://www.newyorker.com/reporting/2008/12/01/081201fa_fact_cassidy?printable=true
Interesting portrait of Ben Bernanke in the New Yorker
Article from The New Yorker on Fed Chairman Ben Bernanke; brief history of current economic crisis (13 pp)
Interesting article about Chairman Bernanke and the current financial crisis
簿記と会計と財務の違いについてまとめてみた - GoTheDistance
http://d.hatena.ne.jp/gothedistance/20090115/1231946719
Taxes | Tools & Calculators - Easy-to-use tax withholding calculator - Kiplinger.com
http://www.kiplinger.com/tools/withholding/
Easy-to-Use Tax Withholding Calculator
Kiplinger's Easy-to-use tax withholding calculator. Why let the IRS hold your money interest-free? Use our calculator to see how much you can add to your paycheck...starting next pay day.
Merit Scholarships - Merit Awards - College and University Admissions - Merit Aid - Merit Aid - Search
http://www.meritaid.com/
search scholarships by college or other criteria
Search merit aid scholarships from schools near you, plus thousands of other schools at MeritAid.com.
Accessible search engine for college-bound seniors looking for financial aid opportunities.
Steven Gjerstad and Vernon Smith Explain Why the Housing Crash Ruined the Financial System but the Dot-com Collapse Did Not - WSJ.com
http://online.wsj.com/article/SB123897612802791281.html
WSJ article that has one part of the housing collapse that I hadn't heard before. Apparently inflation data that gets reported and looked at by the Fed and other regulators doesn't include home prices, it includes rental prices. Since the housing bubble was driven by mortgages, rents didn't spike nearly as much home prices. Had a truer picture of inflation been reflected in the numbers regulators been looking at the rate would have been double what was reported and likely regulators would have had to act in some way.
A great piece on the differences between the housing crash and the dot com bubble.
WSJ.com | Bubbles have been frequent in economic history - Steven Gjerstad and Vernon Smith explain why the housing crash ruined the financial system but the Dot-com collapse did not
fantastic wsj essay on formation of bubbles, experimental economics
YouTube - 4.1.5 Rob Gruhl - How to Buy a New Car - Ignite Seattle 2007
http://www.youtube.com/watch?v=pPor5b7JLLE&eurl=http://lifehacker.com/298810/buy-a-car-without-getting-screwed
4.1.5 Rob Gruhl - How to Buy a New Car - Ignite Seattle 2007-8-8
The Venture Capital Math Problem
http://www.avc.com/a_vc/2009/04/the-venture-capital-math-problem.html
Try and make sense of this
11-Ways-to-Get-Extra-Cash: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/family-home/article/107023/11-Ways-to-Get-Extra-Cash
from "Personal Finance News from Yahoo! Finance"
Good to know. Everybody's Broke! lolol
31 Steps to a Financial Tuneup - Interactive Feature - NYTimes.com
http://www.nytimes.com/interactive/2010/03/24/your-money/financial-tuneup-checklist.html?ref=your-money
10-places-not-to-use-your-debit-card: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/banking-budgeting/article/109125/10-places-not-to-use-your-debit-card?mod=bb-checking_savings
Whilst bank cards along with money cards may appear virtually the exact same, its not all plastic may be the identical.
Although charge cards and money cards may well look almost the exact same, not all plastic will be the exact same.
Although bank cards along with money handmade cards could appear practically identical, its not all plastic will be the exact same.
Whilst charge cards along with debit handmade cards could glimpse almost identical, not every plastic material may be the same.
Although plastic cards and also debit greeting cards could glimpse nearly the same, not every plastic could be the exact same.
When credit cards as well as money handmade cards might glimpse almost identical, not all plastic-type may be the identical.
When credit cards along with money handmade cards might glimpse practically similar, not all plastic material will be the same.
Whilst plastic cards along with money homemade cards may well appear practically the same, not all cheap could be the similar.
Whilst credit cards along with debit cards may well look virtually the exact same, not every plastic will be the similar.
The "FDR Failed" Myth | OurFuture.org
http://www.ourfuture.org/blog-entry/2009020603/fdr-failed-myth
How the New Deal actually corrected the economy and the myths used to argue that it did not.
Addresses the pervasive myth that FDR failed. That is, it's a "myth" for some definitions of "myth." As always, YMMV.
At such a moment, it is imperative to expose a dangerous popular myth regarding the efficacy of President Roosevelt’s actions: that it was not the programs of the New Deal, but only the placing of the nation on a wartime footing years later, that restored the health of the nation’s economy. This belief, though widely held, cannot stand up to even the most basic economic analysis. Yet the mainstream corporate media, which abound with anti-government ideology, seek to reinforce this myth. Just this past Sunday, The Washington Post featured on Page One of its Outlook section an article by Amity Shlaes headlined “FDR Was a Great Leader, But His Economic Plan Isn’t One to Follow.” Underscoring Shlaes’s made-up claims, the Post ran the continuation of her piece under the title: “FDR’s Plan Failed to Spark Real Growth.”
Barack Obama Maintains Control Over Banks By Refusing to Accept Repayment of TARP Money - WSJ.com
http://online.wsj.com/article/SB123879833094588163.html
Under the Bush team a prominent and profitable bank, under threat of a damaging public audit, was forced to accept less than $1b of TARP money. The gov insisted on buying a new class of preferred stock which gave it a tiny, minority position. The money flowed to the bank. Arguably, back then, the Bush administration was acting for purely economic reasons. It wanted to recapitalize the banks to halt a financial panic. Fast forward to today, and that same bank is begging to give the money back. The chairman offers to write a check, now, with interest. He's been sitting on the cash for months and has felt the dead hand of government threatening to run his business and dictate pay scales. He sees the writing on the wall and he wants out. But the Obama team says no, since unlike the smaller banks that gave their TARP money back, this bank is far more prominent. The bank has also been threatened with "adverse" consequences if its chairman persists. That's politics talking, not economics.
I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn't much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street's black hole. So why no cheering as the cash comes back?
Visualizing One Trillion Dollars | Mint.com Blog | Personal Finance News & Advice
http://www.mint.com/blog/finance-core/visualizing-one-trillion-dollars/
How to Make More Money
http://www.lifeoptimizer.org/2009/05/14/how-to-make-more-money/
Can you Retire on $500 per month? | JetSetCitizen.com
http://jetsetcitizen.com/cheap-travel/can-you-retire-on-500-per-month/
Lifestyle design is all about changing the way we live so that we can fulfill our passions and experience life now. We should all be striving for early retirement from lousy jobs. My wife and I have a one year plan to quit our jobs and move to a new country. We are not retiring from work, we still want to continue working on interesting projects and possible doing some longer term volunteering, but we do want to retire from our current career of owning an English school in Japan. Too many people still believe that retirement is for the 65 and older crowd who have worked and saved their whole lives and still have trouble making ends meet. How much money do you really need to retire? What if you could retire now, for as little as $500 per month? Of course, that means cutting back on most luxuries and living a relatively simple life but it does seem possible in lower income countries like The Philippines, Cambodia, Thailand, and Indonesia.
The Simple Dollar » A Step-by-Step Guide to Getting Your Credit Card Interest Rates Reduced
http://www.thesimpledollar.com/2009/03/09/a-step-by-step-guide-to-getting-your-credit-card-interest-rates-reduced/
A personal finance blog focusing on ordinary people dealing with unprecedented levels of debt.
Lifehacker - PocketSmith Forecasts Your Financial Future - Personal Finance
http://lifehacker.com/5231296/pocketsmith-forecasts-your-financial-future
Google Gears Down for Tougher Times - WSJ.com
http://online.wsj.com/article/SB122826503489174369.html
everyone seems to be viewing this as horrific, i don't see it. adjusting your economic approach to a given economy is inevitable, and prudent. am i missing something?
"Among the projects whose future is uncertain are Google Notebook, a site for storing and taking notes on Web pages, and Google Audio Indexing, which allows users to search for phrases within online video footage of politicians, say people familiar with the matter."
TABLOG:「税金は値切れる」 国家というシステムのバグを突くには? 【書評】貧乏はお金持ちby橘玲 - livedoor Blog(ブログ)
http://blog.livedoor.jp/tabbata/archives/50693023.html
株主も社員も自分一人という「マイクロ法人」を設立すれば、それまでとは別の、金融などの仕組みを利用することができる。
How to Handle Tightwads & Charge What You’re Worth - FreelanceSwitch - The Freelance Blog
http://freelanceswitch.com/clients/how-to-handle-tightwads-or-how-to-charge-what-you%e2%80%99re-worth/
The penny-pinching, wheel-and-dealing, bargain-hunting prospect. As a freelancer, dealing with this type of person is part of the territory.
Bloomberg.com: Worldwide
http://www.bloomberg.com/apps/news?pid=20601087&sid=aatlky_cH.tY&refer=worldwide
content type: text/html;charset=UTF-8
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
Congresspersons, after what happened in Iraq, why did you give a green light here, then get surprised that Paulson is acting like a douche?
``We need oversight,'' Paulson told lawmakers. ``We need protection. We need transparency. I want it. We all want it.''
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral
"The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral."
Is It Better to Buy or Rent? - Interactive Graphic - NYTimes.com
http://www.nytimes.com/interactive/business/buy-rent-calculator.html?hp
Best 25 Financial Blogs - TIME
http://www.time.com/time/business/article/0,8599,1873144,00.html
Comprehensive list!
Business & Tech
Nb Might follow up
3141139302_45d5b3b0a6_o.jpg (JPEG Image, 900x628 pixels)
http://farm4.static.flickr.com/3114/3141139302_45d5b3b0a6_o.jpg
via NPR's Planet Money @planetmoney on Twitter. Great commentary from a great kid.
Em inglês
Kyle Conroy's Personal Blog and Portfolio - Should I have bought that Apple Product?
http://www.kyleconroy.com/apple-stock.php
"Currently, Apple's stock is at an all time high. A share today is worth over 40 times its value seven years ago. So, how much would you have today if you purchased stock instead of an Apple product?"
If I'd bought stock instead of a iBook 3G in 2003 I'd have $60k. http://www.kyleconroy.com/apple-stock.php Wowza.
RT @zeldman: Read it and shoot yourself. http://j.mp/8Xz1mc – David (dpan) http://twitter.com/dpan/statuses/12947252610
Apple product vs how much Apple stock would be worth instead. Silly but interesting.
List of apple products, the cost of those products at the time of release and what Apple stock would be worth today had you bought stock intstead of the product.
What if I had bought Apple stock instead?
RT @zeldman: Read it and shoot yourself. http://j.mp/8Xz1mc
Sinfest
http://www.sinfest.net/archive_page.php?comicID=2959
banktron [waupwaupwaupwaup] <-transformer noise
This comic pretty much sums up the bank bail-out of 2008.
Print Your Own Money - Boing Boing
http://www.boingboing.net/2008/09/23/what-went-wrong.html
"Capitalism (in addition to being a lot of other things) is the way people get rich simply for being rich."
The economy is as great an example as any of a program that not only got out of control, but became so prevalent - so accepted - that we came to take it for granted. We think of the economy and its rules as given circumstances, when they are actually constructions. In brief, the money we use is just one kind of money. Invented in the Renaissance, and protected with laws banning other kinds of money, it has very particular biases that lead to almost inevitable outcomes.
Economy's as great an example as any of a program that not only got out of control, but became so prevalent - so accepted - that we came to take it for granted. Annotated link http://www.diigo.com/bookmark/http%3A%2F%2Fwww.boingboing.net%2F2008%2F09%2F23%2Fwhat-went-wrong.html
Meanwhile, local currencies had the opposite bias of centralized currency. Local currencies lost value over time. They were really just receipts on the amount of grain that farmer had brought to the grain store. Since some of that grain was lost to rats or water, and since the grain store had to be paid, money devalued each year. This meant the money was biased towards being spent. That's why reinvestment in infrastructure as a percent of total revenue was so high in the late Middle Ages. It's why they built those cathedrals. They were local efforts, by people looking to invest their abundant wealth into real assets for their communities' future. (Cathedrals were built to attract pilgrims and tourism.) Since the purpose of the Renaissance innovations was to keep the currently wealthy wealthy, the currency was biased to favor those who had it - and could mete it out at high interest rates to those who needed it for their transactions.
Money can be just as open source as any other operating system. It used to be.
explaning the american economic crisis
FINRA - Tools & Calculators
http://www.finra.org/Investors/ToolsCalculators/index.htm
How This Bear Market Compares - Interactive Graphic - NYTimes.com
http://www.nytimes.com/interactive/2008/10/11/business/20081011_BEAR_MARKETS.html?hp
"In the first year of the current bear market, the market has fallen more steeply than it did during the first years of Great Depression's bear markets. After adjusting for inflation, stocks are more than 40 percent lower than they were at their 2007 high (and more than 50 percent lower than their 2000 high)."
William K. Black: The Two Documents Everyone Should Read to Better Understand the Crisis
http://www.huffingtonpost.com/william-k-black/the-two-documents-everyon_b_169813.html
As a white-collar criminologist and former financial regulator much of my research studies what causes financial markets to become profoundly dysfunctional. The FBI has been warning of an "epidemic" of mortgage fraud since September 2004. It also reports that lenders initiated 80% of these frauds.1 When the person that controls a seemingly legitimate business or government agency uses it as a "weapon" to defraud we categorize it as a "control fraud" ("The Organization as 'Weapon' in White Collar Crime." Wheeler & Rothman 1982; The Best Way to Rob a Bank is to Own One. Black 2005). Financial control frauds' "weapon of choice" is accounting. Control frauds cause greater financial losses than all other forms of property crime -- combined. Control fraud epidemics can arise when financial deregulation and desupervision and perverse compensation systems create a "criminogenic environment" (Big Money Crime. Calavita, Pontell & Tillman 1997.)
How to find even more free stuff | Yahoo! Green
http://green.yahoo.com/blog/the_conscious_consumer/72/how-to-find-even-more-free-stuff.html
article with top swapping websites
Is It Better to Buy or Rent? - Interactive Graphic - NYTimes.com
http://www.nytimes.com/interactive/business/buy-rent-calculator.html
Whether renting is better than buying depends on many factors, including how fast prices rise and how long you will stay in your home. Compare the costs of buying and renting equivalent homes.
Is it Better to Buy or Rent? - NYTimes.com http://dlvr.it/Tj7P
Whether renting is better than buying depends on many factors, particularly how fast prices and rents rise and how long you stay in your home. Compare the costs of buying and renting a home in the calculator below
The scariest pricing idea ever. That works. | The Freelancery
http://thefreelancery.com/2010/04/the-scariest-pricing-idea-ever-that-works/
RT @ddudgeon & @andreaexpat #Freelancers The scariest pricing idea ever. Would u do it? http://bit.ly/bIAsKL RT @nona_jordan @freelancery
It goes like this. Instead of quoting a fee or negotiating a price in advance, you tell the client: “Here’s what I suggest. Let me jump in and do the work as we discussed. I’ll hit this as hard as I know how, and make it as good as can be done.” “When we’re finished, just pay whatever you feel the work was worth, based on what it contributed to your overall project.” “I’ll accept whatever you decide, no questions asked. Provided it is more than a buck sixty-five.” Scary? Absolutely. Risky? Maybe a little. Foolhardy and stupid? Not at all.
Getting clients to "fill-in-the-blank" on the invoice.
Very interesting: The scariest pricing idea ever. That works - http://bit.ly/9MXGsl - Will you try it? #smpricing – Smashing Magazine (smashingmag) http://twitter.com/smashingmag/statuses/12762457741
FT.com / Weekend / Reportage - The credit crunch according to Soros
http://www.ft.com/cms/s/2/9553cce2-eb65-11dd-8838-0000779fd2ac.html
always one step ahead ; http://www.ft.com/cms/s/0/49b1654a-ed60-11dd-bd60-0000779fd2ac.html?nclick_check=1
"By contrast, Soros sees the current crisis as a real-life illustration of reflexivity. Markets did not reflect an objective “truth”. Rather, the beliefs of market participants – that house prices would always rise, that an arcane financial instrument based on a subprime mortgage really could merit a triple-A rating – created a new reality. Ultimately, that “super-bubble” was unsustainable, hence the credit crunch of 2007 and the recession and financial crisis of 2008 and beyond."
Hidden Millionaires: Lessons From Unconventional Money Management - Quicken® Personal Finance
http://quicken.intuit.com/personal-finance-articles/fun-with-finances/Hidden-Millionaires-Lessons-From-Unconventional-Money-Management.html
The last generation of frugal millionaires saw the careful preservation of cash and conservative personal finance as essential to survival. These rich individuals gained their wealth slowly through careful planning and extreme saving. By living below their means, these individuals created freedom in their lives, and a buffer from the economic problems over the last decades. Precursors to the newest generation of frugal, yet generous millionaires, the following individuals broke many myths regarding the way that wealth can be generated and spent.
7-things-to-stop-doing-now-on-facebook: Personal Finance News from Yahoo! Finance
http://finance.yahoo.com/family-home/article/109538/7-things-to-stop-doing-now-on-facebook
To do with privacy .read
Automated Day Trader: Double Moving Average Crossover, Test 1
http://fattyfatfat.com/2008/10/automated-day-trader-double-moving-average-crossover-test-1/
ChannelOne.com - Generation Money
http://www.channelone.com/generationmoney
Op-Ed Contributor - Buy American. I Am. - NYTimes.com
http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=1&oref=slogin
Buy American. I Am.
How We Became the United States of France - TIME
http://www.time.com/time/nation/article/0,8599,1843168,00.html
"They work, what, 27 hours in a good week" , "19 holidays a month" Huuuuu, 41 hours a week and 11 holidays a year: http://www.touteleurope.fr/fr/actions/social/emploi-protection-sociale/presentation/comparatif-le-temps-de-travail-dans-l-ue.html
Viewpoint: As Washington rushes to nationalize troubled parts of the economy, the inescapable reality is that we're all French now
Viewpoint: As Washington rushes to nationalize troubled parts of the economy, the inescapable reality is that we\'re all French now
Article discusses how socialist the US has become, despite conservative's contempt for the concept.
Suze Orman Answers Your Money Questions - Freakonomics - Opinion - New York Times Blog
http://freakonomics.blogs.nytimes.com/2008/09/19/suze-orman-answers-your-money-questions/
I don't love her, but she sure says it like it is. Nice Q & A on investing, student loans, debts, etc..
When someone tells you to invest in a stock because it was up 40 percent in two months, ask yourself: “is that normal?” When someone tells you to put all your money in technology stocks because they have doubled in value in one year, ask yourself: “is that return normal?” When you buy a home on the expectation that values will rise 20 percent per year, ask yourself: “is that normal?”
Great financial advice to refer back to from time to time
Earlier this week, we solicited your questions for Suze Orman. You asked about paying college debt, choosing a good retirement plan, and — especially with a week like this — how safe your money is. In her answers below, Orman also offers a question to ask whenever deciding what to do with your money:
日本電産が「脱帽」した最強の中小企業がある:日経ビジネスオンライン
http://business.nikkeibp.co.jp/article/pba/20081222/181088/
「商売とは、この最低限の金額に利益を乗せた「適正価格」でするものだ」
日本電産を率いる永守重信社長が「脱帽」した会社がある。「何がすごいって、利益率がとんでもなく高い。37期連続で35%を超えてます。何でそんなことが可能なのか。それは圧倒的な短納期という強みがあるからです。ウチもようけ(たくさん)エーワン精密さんから買うてますが、『ちょっと値段まけて』と言いたくても、よう言えへんのです(笑)」(永守氏)
最低限の金額に利益を乗せた「適正価格」でするものだ。梅原氏はそう固く信じてい
"品質を維持できる「材料費」、社員の懸命の働きに報いるだけの「給料」、将来のための「設備資金」を賄える価格でなければ、話にならない。商売とは、この最低限の金額に利益を乗せた「適正価格」でするものだ。"
Daily Kos: State of the Nation
http://www.dailykos.com/storyonly/2009/2/9/234340/6189/142/695504
Mon Feb 09, 2009 at 08:58:22 PM PDT According to Rep. Paul Kanjorski (D) (PA-11), in mid-September of 2008, the United States of America came just three hours away from the collapse of the entire economy. In a span of 2 hours, $550 billion was drawn out of money market accounts in an electronic run on the banks.
Nevermind, this is apparently false. http://www.portfolio.com/views/blogs/market-movers/2009/02/11/kanjorski-and-the-money-market-funds-the-facts
Rep. Paul Kanjorski (D PA-11)
According to Rep. Paul Kanjorski (D) (PA-11), in mid-September of 2008, the United States of America came just three hours away from the collapse of the entire economy. In a span of 2 hours, $550 billion was drawn out of money market accounts in an electronic run on the banks. Rep. Kanjorski: "It would have been the end of our economic system and our political system as we know it."
Get Ready for Inflation and Higher Interest Rates - WSJ.com
http://online.wsj.com/article/SB124458888993599879.html
The unprecedented expansion of the money supply could make the '70s look benign. - ARTHUR B. LAFFER
表裏比興ギリギリ全開パワー:韓国がやばい(詳細版) - livedoor Blog(ブログ)
http://blog.livedoor.jp/hyuudoro/archives/51245879.html
わかりやすかった
「俺ね、5年以内に起業して年収1000万超えるから。」 - 機械
http://machine.livedoor.biz/archives/51174400.html
なんか周囲で嫌な予感
俺ね、5年以内に起業して年収1000万超えるから。
The 25 Most Valuable Blogs
http://www.businessinsider.com/the-25-most-valuable-blogs-2009-2
24/7WallSt.com says Gawker Media is worth $170 million.
Panic in Detroit
http://www.tnr.com/politics/story.html?id=a4893b49-36df-4784-9859-2dfa3a3211bf
Reasons to bail out GM. Basically useful as a device to pull out whenever anyone claims that the problem is easy, and that we should "just liquidate the bastards."
by Jonathan Cohn. This is not your father's Oldsmobile we're rescuing.
Founder Dilution - How Much Is "Normal"?
http://www.avc.com/a_vc/2009/02/founder-dilution-how-much-is-normal.html
This is a subject near and dear to entrepreneurs, maybe the dearest subject of them all. Founders start out with 100% of the company and every time they raise capital and/or issue stock and options to their management team, that number goes down.
The Wallet : Some New Tools for Investing Nerds
http://blogs.wsj.com/wallet/2008/12/08/some-new-tools-for-investing-nerds/?mod=googlenews_wsj
People are starting to think more about saving–and investing–than spending, which is perhaps the sole upside to the market turmoil. Being an investing geek has become much more socially acceptable, and companies are taking notice. In the last few weeks, several start-ups and familiar names have added, changed or completely revamped their online investing offerings. There are so many nest-egg incubators out there that we haven’t even had a chance to dive fully into them all. Here’s what’s new: - Investment research firm Morningstar has relaunched its home page with more analytic content upfront. Fund fanatics will relish the new reports (still in beta) that allow you to research past fund performance and what their stakes are. It’s charts all over the place, but much more engaging than a prospectus. Besides monitoring your own investments, you can also share your portfolio with other users and get a star rating.
social-networking sites for investing
Just in time for the recession, some new tools for monitoring your portfolio online. Here's a quick guide.
People are starting to think more about savingand investingthan spending, which is perhaps the sole upside to the market turmoil. Being an investing geek has become much more socially acceptable, and companies are taking notice.
Understanding Credit Card Debt & Credit Card Late Fees | Mint.com Blog | Personal Finance News & Advice | Mint.com Blog | Personal Finance News & Advice
http://www.mint.com/blog/finance-core/the-descent-into-credit-card-debt/
卡奴是如何炼成 http://www.mint.com/blog/wp-content/uploads/2009/06/creditcardhell3.jpg
pds
When used wisely, credit cards can be the cornerstone of a sound financial strategy. A solid credit history makes you a good credit risk and that in turn allows you to purchase the necessities of life. But credit cards can also be a slippery slope. One misstep and you’ll tumble into the abyss of credit card debt hell, a mounting spiral of missed payments, fees, high APRs, and rate increases that will take years to recover from. Only by remaining vigilant can you hope to avoid this fate. Here’s our guide to what you may experience on the way down.
mmm, reminds me to top mine up. oooh for real-time banking!
The New York Times > Week in Review > Image > A Tally of Federal Rescues
http://www.nytimes.com/imagepages/2008/09/28/weekinreview/20080928_MARSH_GRFK.html?scp=1&sq=federal%20rescues&st=cse
A Tally of Federal Rescues http://nyti.ms/cwSSVf Mind blowing ! The New York Times > Week in Review > Image >
visualization of the recent bailout
Need some time to wrap my head around these figures
Techdirt: Take A Deep Breath: Some Perspective On The Financial Crisis
http://techdirt.com/articles/20080929/0426042403.shtml
Comment 42: William: "That, and our economy runs on paper money that the world doesn't accept as currency due to no gold standard. See the financial reasons for war in Iraq and Iran being next due to both economies no longer accepting US Dollars as main trade currency, instead switching to the Euro for its more stable fluctuation in value. When the US buys, the US prints, thus inflating their own economy, essentially taking it out on US citizens, and devaluing the money the foreign sellers recieve. They get tired of taking $9.50 worth of bills at which time of agreement was worth $10; in which time we declare them an international threat and takeover their government to re-establish the dollar as currency to maintain the image in the world. One large economic nation such as China or India stopping trade in US Dollars and our economy is finished." -- Basically
Online Bookkeeping for Freelancers that Won’t Cost an Arm & Leg - FreelanceSwitch - The Freelance Blog
http://www.freelanceswitch.com/the-business-of-freelancing/online-bookkeeping-for-freelancers-that-wont-cost-an-arm-and-a-leg/
Article: finance advice for freelancer
Jon Stewart and Jim Cramer: The Extended Daily Show Interview | Indecision Forever | Comedy Central
http://blog.indecisionforever.com/2009/03/13/jon-stewart-and-jim-cramer-the-extended-daily-show-interview/
Stewart takes financial news analysts and reporters on for knowing about the financial crisis and not reporting on it, for financial news being in bed with that sector of the economy. "Much of the interview had to be cut for time. But this is the internet, where all we have is time. So, here now, is the exclusive, uncensored, complete three-part interview."
Jim Cramer and Jon Stewart went toe-to-toe last night. It was just like Ali-Foreman, only with more head trauma. But you didn't see everything. Much of the interview had to be cut for time. But this is the internet, where all we have is time.
Do Web Entrepreneurs Still Need Venture Capitalists? - Bits Blog - NYTimes.com
http://bits.blogs.nytimes.com/2009/05/14/do-web-entrepreneurs-still-need-venture-capitalists/
"As the cost of starting a Web company decreases, thanks to cloud computing services and technology that entrepreneurs can rent instead of buy, many founders can finance a new company without the help of venture capitalists, using their savings, money from family and friends and credit card debt, Mr. Hendershott writes. More often, they are choosing to sell small, immature companies instead of taking the longer, riskier path of developing a business that could one day go public. That makes venture capital less relevant."
Interesting read for startups
Do Web Entrepreneurs Still Need Venture Capitalists? - Bits Blog - NYTimes.com http://bit.ly/cvc1i [from http://twitter.com/robinklein/statuses/1825392377]
The Straight Dope: How would I go about laundering money?
http://www.straightdope.com/columns/read/2836/how-would-i-go-about-laundering-money
HackFwd
http://hackfwd.com/
experienced tech entrepreneurs looking to support and invest in Europe’s most passionate geeks
We're experienced tech entrepreneurs looking to support and invest in Europe’s most passionate geeks. We’re a pre-seed investment company designed to enable great people to launch great ideas. Our start-up and support process accelerates the route to beta, profitability, and success.
check this out. Cool infographic thing pdf.
"We're experienced tech entrepreneurs looking to support and invest in Europe’s most passionate geeks. We’re a pre-seed investment company designed to enable great people to launch great ideas. Our start-up and support process accelerates the route to beta, profitability, and success."
"We're experienced tech entrepreneurs looking to support and invest in Europe’s most passionate geeks. We’re a pre-seed investment company designed to enable great people to launch great ideas. Our start-up and support process accelerates the route to beta, profitability, and success.
“We're experienced tech entrepreneurs looking to support and invest in Europe’s most passionate geeks. We’re a pre-seed investment company designed to enable great people to launch great ideas. Our start-up and support process accelerates the route to beta, profitability, and success.”
A VC: MBA Mondays
http://www.avc.com/a_vc/mba-mondays/
An american venture capitalist's blog with information on technology business start ups
Need to read these again once a week.
Sie com artigos sobre empreendedorismo
Varios Artículos con conceptos interesantes sobre empresa
Trip Little - The sky isn't falling, you're just planning a trip
http://triplittle.com/
TripLittle is aimed at both personal and business travelers alike, providing simple to use tools for all of your travel planning and organizational needs. Easily manage and share your plans with anyone. // Features Budget // Itinerary // Packing lists // Sharing options
用来计划一次旅行的好工具,从金钱,计划,到协作等。当然是要付费的! 目前这个网站感觉有些不稳定,大概是突然增加了很多用户吧。
線上行程、預算計算
A Simple Way to Become Wealthy - Yahoo! Finance
http://finance.yahoo.com/news/A-Simple-Way-to-Become-usnews-2230172035.html?x=0
RT @draenews: Del A Simple Way to Become Wealthy - Yahoo! Finance: http://yhoo.it/c1FEH8
"I gave excuses why I couldn't invest and then he said something that changed my thinking: saving and investing isn't hard. You just have to treat it like a bill. 'To max out your Roth IRA, divide by 12 and send that amount each month. Even easier, go to the finance office and set up an automatic allotment from your paycheck, and YOU'LL NEVER THINK ABOUT IT AGAIN.' [Perfect!] It's not that I didn't have enough money to invest. I just wasn't prioritizing how I used it. This forced me to make it part of my budget. That 15 minute conversation changed my life and might just make me a millionaire. Three reasons you should consider automatic investing. 1. It's easy. No remembering. Set it up once, and it gets done. 2. There's no emotional barrier. It's difficult to write a check each month when you have current wants. This helps you stick to long term plans. 3. You don't try to time the market. For the average investor, dollar cost averaging is best.
My first real job was as a junior enlisted member of the United States Air Force. I had great benefits, but as a low ranking
A Simple Way to Become Wealthy
Credit Cards - Compare Rewards Credit Cards - Apply for the Best Credit Cards
http://www.nerdwallet.com/credit-cards
Technology Review: Blogs: Guest Blog: AI That Picks Stocks Better Than the Pros
http://www.technologyreview.com/blog/guest/25308/
From MIT. Information on Emerging Technologies & impact on business & society
academic study claims to use text in news to automate trading and beat Wall Street. Tested on 5 weeks + bizarre informative features --> sounds fishy
The ability to predict the stock market is, as any Wall Street quantitative trader (or quant) will tell you, a license to print money. So it should be of no small interest to anyone who likes money that a new system that works in a radically different way than previous automated trading schemes appears to be able to beat Wall Street's best quantitative mutual funds at their own game.
It's called the Arizona Financial Text system, or AZFinText, and it works by ingesting large quantities of financial news stories (in initial tests, from Yahoo Finance) along with minute-by-minute stock price data, and then using the former to figure out how to predict the latter. Then it buys, or shorts, every stock it believes will move more than 1% of its current price in the next 20 minutes - and it never holds a stock for longer.
21 Things You Should Never Buy New - Yahoo! Finance
http://finance.yahoo.com/news/21-Things-You-Should-Never-usnews-2356162080.html?x=0
21 Things You Should Never Buy New - Yahoo! Finance - http://goo.gl/8CWU
5 Secrets of Self-Made Millionaires on Shine
http://shine.yahoo.com/event/financiallyfit/5-secrets-of-self-made-millionaires-1370279/
Millionaires
Ask the Business Attorney - What Are the Biggest Legal Mistakes that Startups Make? | WALKER CORPORATE LAW GROUP, PLLC
http://walkercorporatelaw.com/ask-the-attorney/%e2%80%9cask-the-business-attorney%e2%80%9d-what-are-the-biggest-legal-mistakes-that-startups-make/
This post was originally part of my “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs). Below is a longer, more comprehensive version — with ten mistakes, instead of six. Question My buddy and I are coding up a new site and we will be ready to launch the beta in about a month. We have a couple of angel investors who are interested, and we don’t want to screw anything up. What are the biggest mistakes that you’ve seen guys like us make? Answer
This post was originally part of my “Ask the Attorney” series which I am writing for VentureBeat (one of the most popular websites for entrepreneurs).  Below is a longer, more comprehensive version — with ten mistakes, instead of six.
Home | banksimple
http://banksimple.net/
A simpler bank that is easy to use. A bank that treats you with respect. No extraneous features. No hidden fees.
Neue Bank ???
via: http://ma.tt/2010/05/banksimple/
Bitcoin P2P Cryptocurrency | Bitcoin
http://www.bitcoin.org/
RT @draenews: Del Bitcoin P2P Cryptocurrency | Bitcoin: http://www.bitcoin.org/
Bitcoin is a peer-to-peer network based digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network.
Hmm P2P encryption online free banking service, looks very insecure
Warren Buffett pledge as part of the $600 billion challenge - Jun. 16, 2010
http://money.cnn.com/2010/06/15/news/newsmakers/Warren_Buffett_Pledge_Letter.fortune/index.htm
Too often, a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse, and long-standing friends. My wealth has come from a combination of living in America, some lucky genes, and compound interest. Both my children and I won what I call the ovarian lottery.
Warren Buffett has committed to giving away 99% of his wealth. Now, he explains his thinking in this remarkable op-ed.
"Fate's distribution of long straws is wildly capricious." - Warren Buffett / I have huge respect for this man. http://bit.ly/dlgWg4
How-to learn about angel/vc term sheets - Gabriel Weinberg's Blog
http://www.gabrielweinberg.com/blog/2010/06/how-to-learn-about-angelvc-term-sheets.html
I've written up the following directions to help you get there efficiently. Don't do it all in one sitting because you want your mind to digest the concepts over time. I suggest doing it over the course one week, setting aside a half an hour each day to go through this stuff.
Great walk-through of term sheets for startups
Great resource page for all founders interested in dealterms
How-to learn about angel/vc term sheets - Gabriel Weinberg's Blog
http://www.gabrielweinberg.com/blog/2010/06/how-to-learn-about-angelvc-term-sheets.html
I've written up the following directions to help you get there efficiently. Don't do it all in one sitting because you want your mind to digest the concepts over time. I suggest doing it over the course one week, setting aside a half an hour each day to go through this stuff.
Great walk-through of term sheets for startups
Great resource page for all founders interested in dealterms
20 Things You Should Never Buy Used - Yahoo! Shopping
http://shopping.yahoo.com/articles/yshoppingarticles/383/20-things-you-should-never-buy-used/
Yahoo! Shopping is the best place to comparison shop for Yahoo! Shopping - Find Great Products Online, Compare, Shop & Save Compare products, compare prices, read reviews and merchant ratings..
절대로 중고로 사면 안되는 물건들,,, 돈 아끼려다가 돈 더 나갑니다. 제값주고 사는제 남는거임..
Mattresses! (pillows too :-) )
12 Awesome Android Apps that Will Help You Save Money
http://www.wiseandroid.com/post/2010/06/01/Android-apps-to-save-your-money.aspx
You would have already saved money if you have an Android instead of a iPhone! But here is another thing: we are going to tell you how you can save more money using an Android. So we have compiled a list of apps that you need to get your hands on so that they can be away from that fat wallet.
12 Awesome Android Apps that Will Help You Save Money
http://www.wiseandroid.com/post/2010/06/01/Android-apps-to-save-your-money.aspx
Showcase of Well-Designed Banking and Investment Websites - Noupe
http://www.noupe.com/showcases/showcase-well-designed-banking-and-investment-websites.html
Aantal voorbeelden van goed ontworpen bankensites
金融系ウェブサイトのまとめ。しっかりとしたビジネスサイトのデザインの参考
海外金融系かっちりデザインサイト。まとめ。
10 Things I Learned Eating On $1 A Day For A Month - Grocery Coupon Guide
http://www.grocerycouponguide.com/articles/10-things-i-learned-eating-on-1-a-day-for-a-month/
10 things learned from eating on only $1 a day. http://bit.ly/bwrOKr – Aza Raskin (azaaza) http://twitter.com/azaaza/statuses/16879036268