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Self-made? Only in the same sense as tax-collectors in the time of Christ. This is a man who knows how to game the system to his benefit when the rest of us get shafted. He was more than happy to jump in to investing in the broken banks when he was sure that the taxpayers were going to bail them out. He knows how m...more
"What does this tell investors? The companies that most transformed society and were born in those booms were not publicly traded at their start. Apple was a record company in 1973, Microsoft was not publicly traded in 1983. Amazon.com () had not been founded by 1993."
More bone-headed writing from The S...more
This isn't an all-or-nothing thing. It's a matter of cutting through the societal pressures and making conscious decisions about when is the appropriate time to buy that something extra. For example, I'm a technology lover. But while I enjoy reading and keeping up on trends, I'm actually glacial in my upgrade cycle....more
Did you know that the poor spend more on the prom for their teens than the rich? It's that kind of wastefulness that keeps people poor...
"Target does nothing more than degrade the urban environment with CityTarget. They're bringing suburban accoutrements to the city. Kill me now."
What kind of pretentious hipster princeling is writing this garbage?
"On a regular basis, however, I visit the retail stores of brands like Apple, Tesla Motors, Lulu...more
This doesn't strike me as a debt 9-1-1. She doesn't mention any credit card debt, and $11K in student loans is pretty modest, relatively speaking.
The payment amount on the student loan sounds suspect - what's the interest on that??? Unless her credit rating is in the toilet, surely she must have the option of refi...more
"In just a few paragraphs, the CBO showed definitively that the rich are getting richer at the expense of everyone else."
Well, no. The CBO showed that certain people are getting richer, which doesn't necessarily mean that it's happening at someone else's expense.
In a market economy, certain economic activiti...more
Wouldn't hurt a soul? What about those of us who've battled tooth and nail to live within our means - who didn't fall for the teaser rates, who didn't get sucked into a fool's mortgage on a McMansion that costs a third world worker's annual salary to heat through the winter? Those of us still stuck renting but who dr...more
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