Category: Money
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Stop whatever you're doing and watch this video
This is mandatory, absolutely must see material. The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. I only wished the video went further. It ends at the credit crisis and failing investments – and the chain reaction beyond that is choking of credit to businesses, which puts some out of business, which creates joblessness,…
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What's all the stuff in the early morning tweet about?
More than a few people who follow me on Twitter have been asking about what all the stuff is in one particular Tweet that I do daily, more for my own benefit to see where market indicators are. Here’s your morning tweet cheat sheet. Sample: DJIA +146 VIX 42.28 TED 95bps 3mo LIBOR 1.17 1mo…
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Monetization and social media
Monetization and social media Get rich quick! Quit your day job! Money while you sleep! All claims made of social media and virtually every other new technology, idea, or movement since mankind first created money itself. Can you make money in social media? Should you make it an aim? To answer this question, we have…
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New eBook!
Well gang, after much, much, much labor, data gathering, and reading the most awful documentation ever produced by mankind – from the US government – my new eBook, the 2009-2010 FAFSA Guide, is now published. It’s 47 pages of financial aid stuff about how to fill out the FAFSA, landmines to avoid, and tips especially…
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Bad debt, good debt, and the great financial lie
One of the greatest lies ever told to people is the fallacy of good debt/bad debt. “A mortgage is good debt! It’s an investment that will pay off!” “A college education and student loan is good debt! It’s an investment in yourself!” “A credit card is bad debt! Stuff you buy with a credit card…
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Deflation, destruction of credit, and the Lich King
From www.ChristopherSPenn.com Yep, another economics crossover. Blizzard Entertainment’s Wrath of the Lich King expansion pack for World of Warcraft dropped last week, and its impact on the economy has been fascinating. Veteran players of the Auction House (the in-game free market) have been finding that since the expansion came out, very little has been selling.…
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Why you need 5 years at a job to be successful
In reading Malcolm Gladwell’s new book, Outliers (advance release version, regular will be available November 18), one of the topics he brings up is the rule of 10,000 hours, from Daniel Levitin. Levitin cites that this is about 3 hours a day for 10 years, give or take. If you work 40 hours a week…
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Epic Credit Card
Yes, there’s a World of Warcraft Credit Card. With game time. Get it at StudentPlatinum.com/warcraft. Full Disclosure: It’s through work, which means I earn a very small amount of money for each new applicant. More important, I don’t get any mats or a zhevra, but it’s still neat, and I’d talk about it even if…
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How To Monetize Your Social Media Outlet
How To Monetize Your Social Media Outlet In a variation of a Financial Aid Podcast blog post this morning, here’s a brief economics 101 explanation of how you can monetize your blog, podcast, Twitter lifestream, or other social media outlet. Economics 101 Supply and demand are inversely related. When demand exceeds supply, you have to…
