Author Archive
A Quick Look at Lanzhou, China
As our stay in Lanzhou comes to an end, I’d like to share with you what Lanzhou looks like if you have never been here before.
Lanzhou is the capital city of Gansu province, located in the northwest of China. The city is surrounded by several mountains such as Wuquan Mountain (where the above picture was [...]
ING Direct Lowered Orange Savings Account Rate to 2.75% APY
Well, it didn’t take long for banks to follow the Federal Reserve’s surprising rate cut yesterday to lower their own rates. As I mentioned early, the rate cut, from 2.00% to 1.50%, didn’t help to save the stock market as the Dow took another 2% hit yesterday, but one thing sure to happen is lowered [...]
FICO Credit Scores 20% off Sale
myFICO is currently having a 20% off sale of all three credit scores from Equifax, Experian, and TransUnion. The normal price for FICO scores from all three credit bureaus is $47.85. During the promotion period, which ends October 22nd, you can get them at $38.28. If you are interested, use this link to place an [...]
Fed Lowered Interest Rate in an Attempt to Halt Stock Market Free-fall
One day after the Federal Reserve Chairman signaled that it’s ready to cut interest rate, the central bank, in a coordinated action with central banks around the world, lowered its benchmark rate by 50 basis points to 1.5%. The emergency rate reduction by the Fed came after the Dow Jones Industrial Average Index lost more [...]
Stocks Saved the Worst for the Last, Closing at 5-Year Low
It looks like there’s just nothing can stop the stock market sell-off, not even the hint of a rate cut from the Fed (Bloomberg), which usually got investors excited in the past.
Stock indexes went up briefly at the opening on the news that the Fed Reserve announced that it will buy back short-term commercial papers [...]
Why Doesn’t My Credit Score Increase When I Pay My Bills on Time?
Following is a guest post from Manshu at OneMint. OneMint is a website created and managed by a finance MBA and provides resources on investing ideas, personal finance, credit cards, mutual funds and the broader macro economic environment.
There is a common misconception that just paying your bills on time will increase your credit score. While [...]
Tasty Hot Pot
Have you ever tried hot pot before?
Hot pot is very popular in China and you can find it in many restaurants in China all season long, not just when the weather is cold. I know there are a few Chinese restaurants in New Jersey serve hot pot in the winter, but the taste is just [...]
Is Gold a Good Choice to Hedge against Inflation?
Early last month, I had a post on gold when the bullion recorded its biggest one-day increase ever in price. If you follow this blog long enough, then you know I have talked a lot about good. My investment in gold is not the metal itself, though I bought a couple of pieces of hardware. [...]
Ebates $10 Referral Bonus
Ebates is an online shopping portal that offers its members discounts and rebates when they shop through their websites. Early this year, they had a promotion which gave $10 signup bonus for each new member being referred by an existing member. I passed along that offer here at this blog and a few people took [...]
TradeKing Promotion: Get $50 Bonus in October
Just a quick announcement.
In August, TradeKing had National Friendship Day promotion and from what I can see, it was quite successful. Now TradeKing is again giving a $50 bonus in October. To receive the bonus, you MUST use this link to open a broker account, fund the account with at least $2,500 and make a [...]
