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Walk Away from An Underwater Mortgage?

The mortgage industry says it’s dishonest, irresponsible, dishonorable, and even anti-social. They term it as unscrupulous behavior. What could they be referring to? They’re referencing the latest phenomenon of homeowners walking away from their underwater mortgages. What’s an Underwater Mortgage? Well, that has become a pretty common occurrence these days with the debacle that has […]

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Why TradeKing Is The Best Discount Broker for Stocks and Options Trading

Nowadays, if you are looking for a cheap broker to trade stocks or options, you will find yourself face many different choices, with each has its own products, services, and pricing schedules. Among online discount brokers, TradeKing is known for its low commission cost and excellent customer service. If you are looking for an online […]

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Zecco vs TradeKing: Low Cost Discount Broker Comparison

Among many discount brokers, Zecco and TradeKing, both quite popular, have a little in common. To me the biggest resemblance between the two is that their commissions: both at $4.95. In most other areas when comparing the two brokers, you will find plenty of difference, from website appearances to customer service, to products being offered. Following […]

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ShareBuilder IRA Account 10 Free Trade Promotion

Got this promotion offer from ShareBuilder a couple of days ago. Discount broker ShareBuilder is now offering 10 free real-time trades if you open a ShareBuilder IRA account, whether it’s Traditional or Roth. If you are not familiar with ShareBuilder, which is now part of ING Direct, here’s what you will get. It basically offers […]

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Saving and Investing on Autopilot

For all these years on our journey to financial independence, we have tried a number of different ways in order to facilitate our saving and investing. Among different approaches we took, the method that we found most effective  is automation. From paying bills, sending money to savings account, to buying stocks and mutual funds, we […]

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Is Citi Stock A Buy Now?

I heard the news this morning that Citigroup CEO Vikram Pandit bought 750,000 shares of Citigroup stock (C) on the open market yesterday when the share price dropped below $9. In addition to CEO Pandit, other three executives also bought a total of 550,000 shares. Is this the sign of confidence? Currently trading slightly above […]

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Southwest Airlines Rapid Rewards Card 600 Bonus Points

If you are a cardholder of the Southwest Airlines Rapid Rewards Card, you can now earn an additional 600 Rapid Rewards Points by adding a user to the account. To get the bonus, all you need to do is log into your account and add an authorized user to your existing cards. Or you can […]

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Capital One Venture Card Matches Up to 100,000 Miles

I don’t have a Capital One credit card, but in the past couple of weeks, both my wife and I have received pre-approved offers from the card issuer, which I don’t like that much, for its new Capital One Venture Visa Card. From the description, the card does seem to be quite interesting: 2 miles […]

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