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 8)

Anybody up for a 100-thou Dow?

I was listening to my favorite personal finance radio show one recent Sunday morning, when the program host uttered a prediction that virtually knocked me out of my chair. The affable star of the show, who helms one of the nation’s best-known and most successful financial advisories, clued listeners in on his conviction the Dow Jones Industrial Average would hit 150,000 by year 2030. […]

Letting go of financial stress

I love the holidays. Family, fun, time off … somehow everyone seems to be more cheerful this time of the year, which makes me smile. But it also means more parties, entertaining, decorating and gifts. Adding a new house and a baby (and the sleeplessness that comes along with it) to the mix this year, the stress of the holidays has slightly surpassed the cheer. […]

End of year brings changes in mortgage industry

This article comes from Anthony Fontana from the Quicken Loans Zing! blog. For some of us, the end of 2013 just signals the beginning of 2014. Not a whole lot changes aside from writing 2014 at the end of a date. However, the end of this year is different. Why, you ask? Because FHA loan limits are set to expire. […]

The Twitter IPO: Should you buy?

Unless you live under a rock, you probably heard that Twitter just had its IPO. In English, that means you can now, for the first time, buy its stock on a stock exchange. Mere mortals (those without the insider connections to get the stock at its $26 official listing price) had to buy at an opening price of $45. […]

Why I think of money at Thanksgiving

Don’t worry — this article isn’t going to be as cynical as that title may sound. I don’t even think my sentiments are especially materialistic. However, I do think handling money the right way is one of the most important things one can do for one’s family, and thinking of it that way sets me down a path which leads to several Thanksgiving-related themes. […]

Psychology of Black Friday: Motivation behind the pursuit of deals

Planning done, lists itemized, tasks assigned, routes all mapped out and the game plan is ready to go. I am not talking about a military operation; I am talking about one of the most popular retail holidays in the US - Black Friday, a day when seemingly rational people go mad in the pursuit of deals. Last year, 247 million shoppers visited stores and websites on Black Friday weekend. […]

The two-word secret to personal finance success

It wasn’t long ago I suggested in this space there was a one-word reason for the colossal indebtedness of Americans. That word, I ventured, was “supersize.” By supersizing everything from combo meals to homes and cars, folks nationwide were ensuring they’d suffer supersized debt burdens and super-slender savings, I wrote. […]

VA loans – Understanding occupancy requirements

This post comes from Amanda Pallay at our partner site Quizzle.com. Most veterans say that some of the more confusing aspects of qualifying for a VA loan are the occupancy requirements. This usually stems from when a service member gets their PCS orders and has to move. Will they be able to rent the house? Will they be able to get a second VA loan at their new location? […]

Income inequality: Whose side are you on?

Sometimes you just get a feeling something is wrong. You can’t put your finger on it, but you know, you just know, something is not right. Maybe you see something and wonder if you’re seeing it right. Then someone else mentions the same thing, confirming what you suspected. Then you read about in a news report or a blog post. […]

4 retirement saving mind games

I was reading recently about endurance swimmer Diana Nyad’s feat of becoming the first person to swim from Cuba to Florida. The physical details of what she went through are mind-boggling, but what struck me also was the psychological element. […]