Posts I Enjoyed Last Week

Silicon Valley Blogger at The Digerati Life reveals how they build their net worth. I’d love to add some businesses into the mix of our net worth. However, that seems beyond our reach at this moment. Now, we are relying on our day job and investment.

Jeremy at Generation X Finance writes Achievement Comes From Goal Clarity. I think that a goal has to be specific and achievable. Trying to be too ambitious can only be discouraging if the goal can never be reached.

Lazy Man at Lazy Man and Money talks about all the complains made about high gas prices. Let’s face it: more complains won’t reduce the price you pay at the pump. It is driven by supply and demand, and some speculations. As long as the demands are there, we will have to live with $3/gallon gas.

Ben at Money Smart Life explains how he got $125 free money from American Express Business Gold Rewards card. That’s a pretty sweet deal.

Globguru at Money, Matter, and More Musings shares his used car buying tips. I had some very bad experience with my first used car nine years ago. I paid $5,000 for a Toyota Corolla, but in less than two months, the transmission failed and I ended up spending another two grands to it replaced.

Nickel at Five Cent Nickel has a story on how a couple lost and re-gained their home over a tiny tax bill.

Jim at Blueprint for Financial Prosperity argues the benefits of having a store-brand credit card. I have several such cards, but it seems I only get discount the first time I used the card. Basically, they are useless.

Free Money Finance discusses how financial planners are compensated. If they get paid from selling financial products such as mutual funds to you, you should ran away immediately.

MBH at Mighty Bargain Hunter makes some points on why low income earners are not the only group that are prone to debt trouble. It could happen even if one makes six figures.

Jonathan at MyMoneyBlog has a piece on portfolio rebalancing. I don’t think there’s an optimum frequency to rebalance, but doing it too often (like half a year) don’t help as the short-term market volatility can skew the allocation.

Super Saver at My Wealth Builder wonders if he has too much money Since I drive a Honda, I am pretty sure I am in that camp.

No Credit Needed talks about saving money. Really, is it too complicated to save money?

Finally, I participated in last week’s Carnival of Personal Finance, which was hosted at Mint Blog. My submission is on how having alternative investments in a portfolio can be a great help.

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