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Frugality and Accumulation

Frugality and Accumulation

The other night, I watched a couple episodes of the A&E documentary series Hoarders . For those of you who haven’t seen it, Hoarders is a documentary series that focuses on the struggles of people who suffer from compulsive hoarding. One thing that struck me over and over again…

U.S. Listing Still Appeals As More Chinese Companies Go Public At Home Lastest Equity Ratio News

U.S. Listing Still Appeals As More Chinese Companies Go Public At Home  Lastest Equity Ratio 	 News

U.S. Listing Still Appeals As More Chinese Companies Go Public At Home
With China this year poised to top the world in the number of IPOs and actively promoting its own st
Read more on Forbes
Quest for the perfect credit score
A major league pitcher dreams of throwing…

Realtors, Builders oppose another Housing Tax Credit

Realtors, Builders oppose another Housing Tax Credit

A couple of quotes from Kathleen Pender at the San Francisco Chronicle: Little support for new home-buyer tax credit “We are not advocating another one. We think it’s important for the market to have time to recover on its own,” says Walter Molony, spokesman for the National Association of Realtors.…

Musical Bills b/w Treading Water

Musical Bills b/w Treading Water

Katie writes in: The article on budgets was *great.* I’ve long felt guilty for not doing the whole formal budget thing, especially since I always liked and did well at math. (Like you, however, spreadsheets cause my eyes to roll back in my head.) But here’s a question/comment on…

New York equity firm to buy Alpha Packaging Lastest Equity Partners News

New York equity firm to buy Alpha Packaging  Lastest Equity Partners 	 News

New York equity firm to buy Alpha Packaging
Irving PlaceCapital, a private equity firm in New York, said Tuesday it willacquire Overland-based Alpha Packaging, a maker of plastic bottlesand jars for the nutraceutical, pharmaceutical and personal caremarkets.
Read more on St. Louis Post-Dispatch
Burger King agrees to .26B buyout by…

Hotel Occupancy Rate: Just below 2008 Levels

Hotel Occupancy Rate: Just below 2008 Levels

Hotel occupancy is one of several industry specific indicators I follow … From HotelNewsNow.com: STR: Chain scales report weekly increases Overall, the industry’s occupancy increased 10.6% to 60.1%, ADR rose 2.4% to US$96.50, and revenue per available room increased 13.2% to US$57.98. The following graph shows the four week moving…

Top of Mind Moved the Needle for Jasmine!

Top of Mind Moved the Needle for Jasmine!

What are we in business to do?  Sure, make a living.  But for me, that’s not nearly good enough.  I need something more.  And the thing that’s always kept me inspired are emails like the one I got this morning from a client named Jasmine Krnjetin with Silverton Mortgage…

Greece: Default Probabilities before and after policy response

Greece: Default Probabilities before and after policy response

Here is a graph from the Council of Foreign Relations blog: Greek Debt Crisis – Apocalypse Later Click on graph for larger image in new window. This graph from Paul Swartz at the CFR shows the default probabilities on three different dates: On April 30th, no European plan was yet…

Mortgage rates at record low for 11th week

Mortgage rates at record low for 11th week

The summertime swoon in U.S. mortgage rates continues this week, with averages for home loans falling to yet another record low. Click to enlarge Rates began to inch downwards in June, falling 0.37 of a percentage point in 11 weeks in which the 30-year average either set or met…

Reader Mailbag: Dream House

Reader Mailbag: Dream House

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. 401(k) profit sharing 2. Online job application tips 3. Illness and challenges 4. College freshman advice 5. Mortgage decisions 6.…