Archive for the ‘Banking’ Category

Please don’t pay for bi-weekly mortgage acceleration

Wednesday, April 23rd, 2008

Five Cent Nickel had a good discussion on bi-weekly mortgage payment plans. I've received these before. The principle is sound: 26 bi-weekly payments of half your (fixed-rate) monthly mortgage payment will indeed pay off your mortgage years ahead of schedule. Basically you're sneaking in an extra payment ...

Go serve yourself!

Wednesday, April 16th, 2008

Check out yourself. Check in yourself. Pack it yourself. Lift it into the cart yourself. Check your balance yourself. Pump gas yourself. Find the answer yourself. Look it up yourself. Print it yourself.And businesses are quite happy to let you do as ...

Why PayPal makes it a chore to pay by credit card

Wednesday, April 16th, 2008

My wife and I use PayPal a lot. We buy a lot of things through eBay, and I sell a lot of things through eBay and through other venues. PayPal is a good choice for those who want to be able to accept credit cards but don't ...

OK, maybe not FAKE rallies per se …

Wednesday, March 19th, 2008

The Dow going up 416 points in one day is indeed a rally. OK. I'll buy that one. The Dow jumping more than that again a week later is also a rally. The Honest Dollar pointed out that a big up day is still a rally ...