Archive for February, 2008
When Checking My Own Accounts Became a Headache
Three incidents happened over the weekend made me feel the headache of the login processes at online banks and credit card companies.
I appreciate all the improved security features that financial institutions are now adopting to prevent illegal access to others’ accounts as more and more people rely on conducting their financial activities online, but having [...]
Weekend Linkage - February 17, 2008
Jeremy at Generation X Finance redefined risk. and argued that investing in stock markets is not as risky as you would think. I heard investing in bonds, which is considered as safe heaven, actually is in the long term.
Ben at Money Smart Life described his flood pain and how he researched for flood insurance. I [...]
Do You Play Lottery?
If you do, are you a regular player? Or only buy tickets occasionally?
I don’t consider myself a player, but I do buy a few tickets when the jackpot reaches $100M. Sometimes 2. Sometimes 3. The most was 5. Since I almost have never won any prize in lotteries, sweepstakes, contest, or drawings [...]
Millionaire Calculator
Yesterday, I wrote a post on what it takes to become a millionaire, where I gave a table showing given your monthly savings and an annual rate of return, when you will have at least $1M assets (houses, cars, etc. are not included). While the table is quite straightforward, it’s not flexible enough. For example, [...]
Identity Theft again Tops Consumer Complaints
The Federal Trade Commission yesterday released a list of consumer fraud complaints in 2007. Again, identity theft related fraud tops the list, making up 32% of the total complaints. According to FTC, credit card fraud is the most common form of fraud.
The report shows that in 2007, frauds cost consumer nearly $1.3 billion, with median [...]
