Point of order the recommedation is to stay within 30% not 10% of your credit limit. So if your limit's $10,000, then try not to use more than $3,333. Or you MIGHT affect your credit score. Vote Bag of Leaves.
Linsey, thanks to you for posting this and to Refund Cents for offering the free preview! After checking out the site today and snagging some real bargains at CVS, I will definitely be subscribing!!
To the Guest with the link about including your house in your asset allocation:
Only if you plan to use the equity in your house to fund your retirement. As this would seem to involve selling it or getting a reverse mortgage or similar, seems like a bad retirement plan.
It makes me sad to hear of all this money being shunted to the richest 5% of the population.
What else could you do with $700B?
For $30B a year, we could avert all future threats of conflicts over food. According to the head of the UN’s food and agriculture organization, Jacques Diouf, this would cover 862 million hungry people.
For $45B a year, we could protect most of the world’s forests, mountains, rivers and seas. Our inaction costs $2-5T (yes, trillion) annually due to the services lost from those ecosystems (eg, providing clean water and absorbing carbon dioxide).
The international WaterAid charity estimates that providing safe water and sanitation to the 2.5 billion people in the world without such basics would cost $75B. That’s about how much it cost for the UK to bail out RBS, HBOS and Lloyds.
I hope karmic retribution is swift, but unfortunately that is not usually the case.
"The most efficient system for storing electricity involves pumping water uphill so that it can run back down through a generator - "
This rang a bell with me. In 1972, I lived inGreenfield Mass, nearby to the Northfield Mountain Hdro Plant, which was finished in that year.
At the time, it was a marvel of science. They filled in the space between mountains to create a lake... then built a tunnel to the river a half mile away. A combination 8 foot in diameter reversible generator/pump, allowed them to pump water to fill the lake, at night, using off/peak electric rates, then, during the day, allowed to water to flow out powering the generator during the day.
All self contained... virtually no net energy loss.
During the same period, I also worked near Bennington Vermont, (during the 1974 energy crisis) and watched as some home owners on the Walloomsac River, built their own hydo plants, on their own property... then fought a successful legal fight to force the electric company to buy back the electricity that they produced.... I'm not sure, but I think that may have been a landmark ruling, at the time.
The process of selling energy back to the power company, is called "net - metering" . It's an evolving activity, worth googling for a look into the future.
There's a lot of these sorts of deals going on all the time. You can find a lot of similar coupons at retailmenot.com...you can also set up personal feeds or updates for certain products or phrases through thriftfeeds.com
I thought I made that clear. My bad. I know many low-paid residents who will be happy to have the pizza, but I didn't mean to imply every Jones was applicable.
I went into mcdonalds and found about 10 unused stamps(none winningbut had codes) I took some of them and later saw a Mcdonalds employee throw the rest in the garbage!
I work in a place where the dress code is the unhelpfully vague 'business casual'. Like you, I refuse to go out and buy a whole new wardrobe of uncomfortable, expensive clothes (and it doesn't help that I am 6 feet tall and find even regular clothes hard to find!)
My tricks? Invest in a fabulous pair of shoes that you can wear with jeans. Of course, there will be days when it's important to dress up, but a good pair of shoes can make or break an outfit.
But, even easier, is jazz up your outfit with a necklace. This has been a godsend to me. Invest in a few beautiful pieces that make a statement, and people will be so curious about your fabulous jewelry they won't notice anything else you're wearing!
I don't get it. The people on the boards seem to be buying stuff they don't really need (65 boxes of band aids, 40 packages of cheese?) just because it will be free or cheap. What do they have for normal shoppers?
I am a supporter of fiscal stimulus to drive growth, but the government has got so many initiatives on hand with a seemingly myopic view that I question how many of these programs will actually work. For example an earlier direct to consumer $50 billion stimulus package, provided a lift to consumer spending of 0.4 percent in May, but dried up after that. Similarly the 2008 housing relief bill did not save the housing market or GSE's - Freddie and Fannie. Despite being politically popular, both examples of fiscal action failed miserably. With the floodgates of government spending opened, it is likely that our financial chiefs and lawmakers will keep on coming back for more. We are essentially spending away our futures to save the political and financial backsides of those people who got us into this mess in the first place.
Hard to sum up the criminality in a few sentences... but...
There's no question that through ignorance or collusion, Wall Street and the Government of if the US has brought the citizenship to the all time "LOW".
Bernanke and Paulson are incompetent to deal with the problem that they still don't understand.
Derivative Swaps,( AKA Derivative Insurance) come to $534 Trillion totalmarket Notional Value, $53 to $60 Trillion unresolved notional value... and...
Get this... $2.7 to $3.5 Trillion real value. Real money. Real dollar bets that simply can't be resolved, because there's just not enough money in the world to pay off the unconcionable risk that the Bankers and Brokers took.
Remember the beginning of the Paulson "solution"? To buy up the questionable mortgages and make the banks whole. That's before the army of CPA's tried to unravel the "swaps". That's before Paulson and Bernancke found out that Buffet was right when he tried to do the same thing with Gen Re the company he had bought, but couldn't sell because no one could undo the twisted derivatives that were in the asset pool. Economic Disaster. It's impossible to unwind the mess that has been created.
We'll never know what Congress knew or didn't know about the sewage in our major banks. No matter... The failure of government to protect the people is almost as bad as the cover-up where absolutely no one has ever been brought to task for the fall of the United States.
The money is gone. Unrecoverable. What is happening now, is a vast cloud that is being created to cover the tracks of those who are responsible.
The irony of this failure is that the Perps... Congress and the Bankers... are using the aftermath to gain even more wealth. Passing money to the banks with no restrictions, insures that they (the Banks) will hold on to the "gift" and continue to protect their assets, pay off their employees, and reward the stockholders... not to mention the "pork" that has been thrown into the mix.
IMHO, there isn't any way out of this. The only possible solution was "falling domino bankruptcy" which would have cleaned the system and allowed a fast rebound of the economy (and incidentally, punished the crooks)... That is no longer an option. The government has made a commitment to many years of depression. Even Russia was much smarter... when they decided to bite the bullet by revaluing the ruble.
Derivatives are no more mysterious than what bookies do... "lay off bets". The only difference is that there is honor among the bookies, that keeps their business intact.
In theory, asset allocation is correct, in practice it's worthless. The reason is that traditional asset allocation does not include all of your assets.
As consumers, we are constantly forced to make choices about how and where to spend our hard-earned dollars. These choices become all the more difficult to make when prices on everything from gas to groceries are on the rise. We want to do what is best for ourselves, our families, and our planet, but we also know we need to find ways to cut back. The question is, how do we effectively strike this balance?
Some have suggested that we respond to this question by picking certain organic products off store shelves and not others. Doing this, they argue, will help us keep costs down and maximize the personal health benefits that organic products have to offer.
While there may be merit in this argument, it misses an important point: buying organic is about more than keeping pesticides out of our bodies. It is about supporting a system of sustainable agricultural management that promotes soil health and fertility through the use of such methods as crop rotation and cover cropping, which nourish plants, foster species diversity, help combat climate change, prevent damage to valuable water resources, and protect farmers and farmers’ families from exposure to harmful chemicals.
In this sense, buying organic is about both understanding and commitment: understanding that personal and environmental health are inseparable, and commitment to the bigger, more complex picture of which our personal health is a part.
Buying organic is easier and in many ways more affordable than ever before. Not only do organic products appear on store shelves in mainstream retail outlets around the country, but thanks to the introduction of organic private label products, the growth of farmers’ markets selling organic products, and organic’s lack of dependence on petroleum-based farm inputs, the gap between organic and non-organic prices is closing. Indeed, in some cases, the price of organic goods is comparable to non-organic goods, making the decision to “go organic” simple and cost-effective.
Do we still have to make choices about which items to buy? Absolutely. But in making this choice, we should think less about crossing certain organic items off our shopping lists and more about how we can achieve positive personal, social and environmental change through the organic purchases we choose to make.
We must also give greater thought to the consumption choices we make that are most directly affected by rising fuel costs, such as the cars we drive, the distances we commute, and the temperatures at which we keep our homes. Along with the decision to buy organic products, it is these day-to-day decisions that determine whether we balance not only our checkbooks but our values.
can you use frozen corn from the store, let it ferment in water, then run it through a still and have drinkable alcohol? If so, will it be safe to drink? Or would you have to throw away the first and the last part of it?
Point of order the recommedation is to stay within 30% not 10% of your credit limit. So if your limit's $10,000, then try not to use more than $3,333. Or you MIGHT affect your credit score. Vote Bag of Leaves.
Linsey, thanks to you for posting this and to Refund Cents for offering the free preview! After checking out the site today and snagging some real bargains at CVS, I will definitely be subscribing!!
I'm sure they hadn't heard of it yet. I'd call corporate... or pull a Paul Michael. :)
Linsey
To the Guest with the link about including your house in your asset allocation:
Only if you plan to use the equity in your house to fund your retirement. As this would seem to involve selling it or getting a reverse mortgage or similar, seems like a bad retirement plan.
It makes me sad to hear of all this money being shunted to the richest 5% of the population.
What else could you do with $700B?
For $30B a year, we could avert all future threats of conflicts over food. According to the head of the UN’s food and agriculture organization, Jacques Diouf, this would cover 862 million hungry people.
For $45B a year, we could protect most of the world’s forests, mountains, rivers and seas. Our inaction costs $2-5T (yes, trillion) annually due to the services lost from those ecosystems (eg, providing clean water and absorbing carbon dioxide).
The international WaterAid charity estimates that providing safe water and sanitation to the 2.5 billion people in the world without such basics would cost $75B. That’s about how much it cost for the UK to bail out RBS, HBOS and Lloyds.
I hope karmic retribution is swift, but unfortunately that is not usually the case.
http://renaissancetrophywife.wordpress.com/2008/10/21/bailout-alternativ...
Phil said:
"The most efficient system for storing electricity involves pumping water uphill so that it can run back down through a generator - "
This rang a bell with me. In 1972, I lived inGreenfield Mass, nearby to the Northfield Mountain Hdro Plant, which was finished in that year.
At the time, it was a marvel of science. They filled in the space between mountains to create a lake... then built a tunnel to the river a half mile away. A combination 8 foot in diameter reversible generator/pump, allowed them to pump water to fill the lake, at night, using off/peak electric rates, then, during the day, allowed to water to flow out powering the generator during the day.
All self contained... virtually no net energy loss.
Clever people those yankees...
http://www.firstlightpower.com/generation/north.asp
During the same period, I also worked near Bennington Vermont, (during the 1974 energy crisis) and watched as some home owners on the Walloomsac River, built their own hydo plants, on their own property... then fought a successful legal fight to force the electric company to buy back the electricity that they produced.... I'm not sure, but I think that may have been a landmark ruling, at the time.
The process of selling energy back to the power company, is called "net - metering" . It's an evolving activity, worth googling for a look into the future.
my opinion only
I agree that your time frames are off. If you're looking to spend the money in the next 0-5 years, you're gambling with your money.
Also, interesting that you didn't include a 60/40 split which is pretty common.
There's a lot of these sorts of deals going on all the time. You can find a lot of similar coupons at retailmenot.com...you can also set up personal feeds or updates for certain products or phrases through thriftfeeds.com
I just tried it. The guy at the counter hadn't heard of the offer and wouldn't give me a pizza.
I'm not going to fix his teeth. :-)
i landed on go and it said it would send my prize to my email and it never did.. what kind of prizes do you get when landing on go anyways?
I thought I made that clear. My bad. I know many low-paid residents who will be happy to have the pizza, but I didn't mean to imply every Jones was applicable.
Linsey
I went into mcdonalds and found about 10 unused stamps(none winningbut had codes) I took some of them and later saw a Mcdonalds employee throw the rest in the garbage!
I just called and they said this is only valid for people who are a "Dr.Jones" and not just a Jones. You might want to change your post.
HOW DO I HACK MY DVD PLAYR THE DVD PLAYR IS COLD Symphonic SV2000 DVD Player, WV205
I work in a place where the dress code is the unhelpfully vague 'business casual'. Like you, I refuse to go out and buy a whole new wardrobe of uncomfortable, expensive clothes (and it doesn't help that I am 6 feet tall and find even regular clothes hard to find!)
My tricks? Invest in a fabulous pair of shoes that you can wear with jeans. Of course, there will be days when it's important to dress up, but a good pair of shoes can make or break an outfit.
But, even easier, is jazz up your outfit with a necklace. This has been a godsend to me. Invest in a few beautiful pieces that make a statement, and people will be so curious about your fabulous jewelry they won't notice anything else you're wearing!
Do yourself and most importantly your body a favor and stop eating at that dump we call McDonalds!
I don't get it. The people on the boards seem to be buying stuff they don't really need (65 boxes of band aids, 40 packages of cheese?) just because it will be free or cheap. What do they have for normal shoppers?
I am a supporter of fiscal stimulus to drive growth, but the government has got so many initiatives on hand with a seemingly myopic view that I question how many of these programs will actually work. For example an earlier direct to consumer $50 billion stimulus package, provided a lift to consumer spending of 0.4 percent in May, but dried up after that. Similarly the 2008 housing relief bill did not save the housing market or GSE's - Freddie and Fannie. Despite being politically popular, both examples of fiscal action failed miserably. With the floodgates of government spending opened, it is likely that our financial chiefs and lawmakers will keep on coming back for more. We are essentially spending away our futures to save the political and financial backsides of those people who got us into this mess in the first place.
I'm a citizen, not a consumer.
Hard to sum up the criminality in a few sentences... but...
There's no question that through ignorance or collusion, Wall Street and the Government of if the US has brought the citizenship to the all time "LOW".
Bernanke and Paulson are incompetent to deal with the problem that they still don't understand.
Derivative Swaps,( AKA Derivative Insurance) come to $534 Trillion totalmarket Notional Value, $53 to $60 Trillion unresolved notional value... and...
Get this... $2.7 to $3.5 Trillion real value. Real money. Real dollar bets that simply can't be resolved, because there's just not enough money in the world to pay off the unconcionable risk that the Bankers and Brokers took.
Remember the beginning of the Paulson "solution"? To buy up the questionable mortgages and make the banks whole. That's before the army of CPA's tried to unravel the "swaps". That's before Paulson and Bernancke found out that Buffet was right when he tried to do the same thing with Gen Re the company he had bought, but couldn't sell because no one could undo the twisted derivatives that were in the asset pool. Economic Disaster. It's impossible to unwind the mess that has been created.
We'll never know what Congress knew or didn't know about the sewage in our major banks. No matter... The failure of government to protect the people is almost as bad as the cover-up where absolutely no one has ever been brought to task for the fall of the United States.
The money is gone. Unrecoverable. What is happening now, is a vast cloud that is being created to cover the tracks of those who are responsible.
The irony of this failure is that the Perps... Congress and the Bankers... are using the aftermath to gain even more wealth. Passing money to the banks with no restrictions, insures that they (the Banks) will hold on to the "gift" and continue to protect their assets, pay off their employees, and reward the stockholders... not to mention the "pork" that has been thrown into the mix.
IMHO, there isn't any way out of this. The only possible solution was "falling domino bankruptcy" which would have cleaned the system and allowed a fast rebound of the economy (and incidentally, punished the crooks)... That is no longer an option. The government has made a commitment to many years of depression. Even Russia was much smarter... when they decided to bite the bullet by revaluing the ruble.
Derivatives are no more mysterious than what bookies do... "lay off bets". The only difference is that there is honor among the bookies, that keeps their business intact.
my opinion only
I read this book the other week, really enjoyed it to be honest!
In theory, asset allocation is correct, in practice it's worthless. The reason is that traditional asset allocation does not include all of your assets.
Guess which asset is not included? Find out here:
True Asset Allocation
As consumers, we are constantly forced to make choices about how and where to spend our hard-earned dollars. These choices become all the more difficult to make when prices on everything from gas to groceries are on the rise. We want to do what is best for ourselves, our families, and our planet, but we also know we need to find ways to cut back. The question is, how do we effectively strike this balance?
Some have suggested that we respond to this question by picking certain organic products off store shelves and not others. Doing this, they argue, will help us keep costs down and maximize the personal health benefits that organic products have to offer.
While there may be merit in this argument, it misses an important point: buying organic is about more than keeping pesticides out of our bodies. It is about supporting a system of sustainable agricultural management that promotes soil health and fertility through the use of such methods as crop rotation and cover cropping, which nourish plants, foster species diversity, help combat climate change, prevent damage to valuable water resources, and protect farmers and farmers’ families from exposure to harmful chemicals.
In this sense, buying organic is about both understanding and commitment: understanding that personal and environmental health are inseparable, and commitment to the bigger, more complex picture of which our personal health is a part.
Buying organic is easier and in many ways more affordable than ever before. Not only do organic products appear on store shelves in mainstream retail outlets around the country, but thanks to the introduction of organic private label products, the growth of farmers’ markets selling organic products, and organic’s lack of dependence on petroleum-based farm inputs, the gap between organic and non-organic prices is closing. Indeed, in some cases, the price of organic goods is comparable to non-organic goods, making the decision to “go organic” simple and cost-effective.
Do we still have to make choices about which items to buy? Absolutely. But in making this choice, we should think less about crossing certain organic items off our shopping lists and more about how we can achieve positive personal, social and environmental change through the organic purchases we choose to make.
We must also give greater thought to the consumption choices we make that are most directly affected by rising fuel costs, such as the cars we drive, the distances we commute, and the temperatures at which we keep our homes. Along with the decision to buy organic products, it is these day-to-day decisions that determine whether we balance not only our checkbooks but our values.
Need or want? What about burning desire..?
Wishing alone will never bring results. Most people live a life based on shoulds instead of wants
can you use frozen corn from the store, let it ferment in water, then run it through a still and have drinkable alcohol? If so, will it be safe to drink? Or would you have to throw away the first and the last part of it?