SEC Wants Disclosures For Asset Backed Securities Written In Python
“Waterfall” provisions of asset backed securities are the rules that explain the flow of funds in the transaction, and they are are very hard to read. Blogger/professor Jayanth Varma calls them...
View ArticleSkip College, Suggest Some Economists
In a country where the mantra “you can be anything you want” is practically a national prayer, it’s still kind of shocking to see someone suggest that a high school student should skip college. Some...
View ArticleWhat's Your Net Worth?
You can’t get where you’re going if you don’t know where you are. In order to accomplish your long-term financial goals, like saving up for travel, a home, or starting your own business, you should sit...
View ArticleBeware Market Bubbles That May Soon Bust
It’s tempting to invest in markets that are taking off, but the wisest investors find opportunities that have bottomed out or are just getting started. The fastest way to lose your money is to buy when...
View ArticleVolkswagen: $71 Billion Says We'll Be The World's Biggest Automaker By 2018
German auto manufacturer Volkswagen is sick of sucking the exhaust of the world’s auto industry leaders and is throwing a $71 billion-sized brick on the gas pedal to try to take the lead. Automotive...
View ArticleUnderstanding The Hidden Costs Of Investing
Investing newbies may be shocked by the amount of unexpected fees that siphon away their funds. When you’re searching for a brokerage, it’s wise to investigate hidden costs involved. MoneySmartLife...
View ArticleWeighing Term Life Insurance Against Whole Life
When it comes time to buy life insurance, you’re faced with a difficult choice. Do you buy low-cost term life insurance that retains no cash value or spring for the more expensive whole life option...
View ArticleAvoid These 3 Retirement Plan Mistakes
You’ll be excused for worrying more about your day-to-day financials than those of your future, 65-year-old self. But it’s important not to let your 401(k) or other long-term investments become...
View Article3 Reasons You Shouldn't Think Of Your Home As An Investment
Homeowners tend to see their property as passive investments that will hopefully pay off at some point in the future. The housing market collapse has corrected much of that thought process, but there...
View ArticleSigns You're About To Fall Victim To Investment Fraud
When times are tougher, dreams of quick riches seem all the more appealing. These could be boom times for con artists looking to swap false dreams in exchange for your large hunk of cash, making it all...
View ArticleWe’re All Gonna Die, Might As Well Make Some Money Off It
(kevindean) Imagine that you, your spouse, or a beloved relative is terminally ill. A man approaches you and asks whether your family would be interested in a little proposition. Your relative would...
View ArticleLawyer Insists He’s Innocent Of Death Profiteering And Identity Theft, Wants...
(frankieleon) Hey, remember the Rhode Island lawyer who was charged with wire fraud and identity theft for using strangers’ deaths as an investment vehicle? As his sentencing date approaches, he’s...
View ArticleWhy Do We Do The Whole Diamond Engagement Ring Thing, Anyway?
(RockaWolf) It’s sparkly, it’s clear or it’s colored, it’s cut in more ways than one person could dream up, it sits on your finger like a golf ball or a just-the-right-size bauble, it’s a girl’s best...
View ArticleAsk Tax Dad: Amending My Taxes, Social Security Disability, And Buried In...
The wisdom of Tax Dad Usually, our staff Certified Tax Cat handles readers’ questions about taxes, but he found a particularly good sunbeam and called in for a personal day. Filling in for him is...
View ArticleMastermind Of Scheme To Profit From Strangers’ Deaths Gets 6-Year Prison...
(frankieleon) Should it be morally wrong to profit from the death of a stranger? What about criminally wrong? What if they’re terminally ill? What if you give them money in order to use their death to...
View ArticleYour College Education Might Be A Better Investment For Goldman Sachs Than It...
Americans have always viewed a college education as an investment in a student’s future, but there’s another sort of investment going on behind-the-scenes, and it’s nearly risk free. With access to a...
View ArticlePortland Will No Longer Invest In Walmart
(Martin Buitron)In its continuing quest to become a caricature of outsiders’ clichés , the city of Portland, Oregon has decided to stop investing in Walmart. Wait, Portland invests in Walmart? Yes,...
View ArticleSEC Fines Brokerage Firm $2M For Improper Use Of Customer Data
(Catastrophe Girl)When a company breaks its promise of securing your personal information, that’s a problem. When the company does so for three years and used consumer trading data for its own benefit,...
View ArticleBill Would Allow 529 College Savings Plan Investors To Change Investments...
(Misfit Photographer) With less disposable income and difficulty meeting the ever rising cost of tuition, parents often have a tough time saving for their child’s future education. A law poised to make...
View ArticleProposed Rules Target Fees Collected By Retirement Financial Advisers, Brokers
(Ryan) When visiting a financial adviser for consultation about retirement savings one might assume those counselors have their best interests in mind. Unfortunately, that’s not always the case. To...
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