Five Cent Nickel

Written by a man who has been meticulously recording his finances since 1997 (stored in Quicken), Five Cent Nickel is one of the oldest and most respected blogs around. This blog often provides great commentary on—and summaries of—useful financial tips featured by other publications. If you’re too lazy to read every little money article out there, just stop by Five Cent Nickel and get the cream of the crop.

Latest Posts from Five Cent Nickel (page 139)

Lending Club Update – December/January Performance

It’s been awhile since I’ve provided a Lending Club performance update, so today I’m going to be covering what’s happened in the past two months. As they say, no news is good news… As of February 1, I’m rocking a 10.23% net annualized return on a portfolio that is currently composed of 233 notes. You can see from the graph below that my performance is currently right around average. […]

2010 Outlook for Mortgage Rates

This is a guest post by Tim Manni of HSH.com. Tim is the author of HSH’s daily blog, which concentrates on the latest developments in the mortgage and housing markets. If you like what you see here, please consider subscribing to his RSS feed. Are you at all concerned about where mortgage rates are headed as we roll into 2010? […]

Reducing Your Automotive Expenses

I don’t know about you, but having a car has become more and more of a necessity for us. After considering our options, it would be impractical for us to become a one car family, or to rely on public transportation. We are, however, intent on reducing our expenses, so we’re trying to cut our transportation costs. Aside from carpooling, there are a number to reduce our automotive expenses. […]

OptionsHouse 100 Free Trades Promo Extended

This is just a quick note to let you know that the 100 free trades at OptionsHouse promo has been extended through the end of April. In case you missed it the first time around, here’s the deal: New customers are eligible for this special offer after opening a new OptionsHouse account with a minimum of $3,000. […]

My Lending Club Loan Selection Criteria

I’ve had a few people ask me about how I go about selecting Lending Club loans, so I thought I’d write something up for all to see. […]

Lending Club Using Social Networks to Help Verify Borrower Identity

I just ran across an interesting post over at the Lending Club blog… In it, they talk about the importance of identity verification for fraud prevention and what they’re doing to improve identity theft detection. […]

Will Moving to a Higher Income Tax Bracket Cost You Money?

I recently received a question from a reader that we’ll call Frank. Frank is up for a possible promotion, but was told by his boss that the pay increase would push him into a higher tax bracket, and would therefore “not be worth it.” Here are the details: I work 33 hours/week at $11.40/hour. My boss wants to give me a lead position and a raise of $0.20/hour. […]

MyFICO Free Trial and 15% Discount Promo Code

I was just filing some things away when I noticed that the e-mail confirmation that I received after canceling my free MyFICO trial included a promo code for a 15% discount. Here’s the scoop: SPECIAL SAVINGS + LIMITED TIME OFFER: You can continue to monitor important changes to your Equifax credit file and FICO score at a special rate. […]

When Should You Start Investing?

Shouldn’t I already be investing? Perhaps you’ve been asking yourself this question but have been unable to settle on an answer that you’re comfortable with. […]