Wait a second.  If you have the cash lying around to put up for the surety bond ($30k or so), then you sure as heck *need* insurance, which for another thing requires you to front a lot less money.   The whole point of having insurance is to protect yourself from catastrophic loss, which exactly what a serious at-f...more

Just so you know, Tom, the founder of MySpace, doesn't have to work another day in his life.   He sold out, taking full advantage of the Greater Fool Theory. It's how Zuckerberg will also retire.

I consider Facebook one of the scourges of modern society.  Think of all the productivity this company *wastes*, like all the people overusing social media when they should be doing their real work.   In my mind, Facebook has a negative net worth.  There's no way they could afford to repay all this country's lost ...more

First you state:   >>  I didn't want to write this piece   So why did you. Now with the obvious out of the way, good grief, you've given me every reason to buy Berkshire Hathaway, and to AVOID Facebook.   >>> Berkshire Hathaway will be inherently undervalued until Buffett steps down as the CEO   How ...more

Tip #1 should be rephrased thusly:   Paying 20% interest on a credit card .  FULL STOP.   Savings have nothing to do with this issue.  The underlying problem here is simply having spent more than you afford to pay for.   This argument should then go on to look at what you bought, carefully assess what you actua...more

I've furnished pretty much my entire house thanks to Goodwill.  Furniture is expensive, to buy brand new.  Granted not everything I've gotten from Goodwill has held up, but it was cheap to begin with.  Or if I get tired of a piece or find something better to take its place, again it didn't cost much.   One thing th...more

It's kind of silly to fret over sky-high CEO pay because it's just a product of a free market economy.   If you don't like the way CEOs are rewarded, just don't patronize the business and take your business elsewhere.  This is not as hard as you think. You don't have to be a slave to these people.  Even I shun ...more

It used to be, MSN had thumbs-up thumbs-down ratings on their articles.  That was excellent because that gave you an excellent clue as to the garbage or not, the article spews forth.   Now, they hid behind a 'Like' Button.  You can only 'Like'.  There's no Thumbs-down anymore.    So 489 people clicked the 'Lik...more

Well, at least he has hair.  Many 55 year olds would rather have grey hair, than no hair.   Finally we now know that it is real hair and not a toupee.