Friday Finance Findings for June 11th
By Jeremy Vohwinkle with 2 Comments
I hope everyone has enjoyed the roller coaster ride in the stock market over the past month or so. If you don’t like excitement I hope you’ve turned the news off and don’t bother checking your account statements. Where we’re ultimately headed is anybody’s guess, but there’s never a dull moment. There is a lot of money that can be made in this volatility but it can just as easily be lost. I know all too well.
A while back I was following the oil spill news and after seeing BP’s stock plummet down below $50 and as they began to make their first serious attempts in fixing the leak I thought there was a good chance it would be successful and once cleanup cost fears were eased it would be revealed that the stock price was taken down far lower than it should have been too quickly and it would rebound. Boy, was I wrong! Granted, it was just some play money and was a pure speculation play, but either way it hurts. If I was smart I would have hedged it with some options on the downside, but oh well. Too late for that. Thankfully I made up for much of the loss by getting into natural gas when it was at its lows last month so it all evens out. But that’s why I primarily stick to index funds. I’d be broke or suffering high blood pressure otherwise!
So, here are this week’s links.
Job Junkie – When you hear the word junkie you probably think about someone addicted to drugs. But did you know it can be just as bad to be a job junkie? In fact, you may be a job junkie right now and not even know.
How to Stockpile Food for Survival – Stockpiling food seems kind of silly, right? Ask anyone who has been through a major disaster or emergency and they will tell you otherwise. Of course, there is a wrong way to stockpile food so here’s how to do it right.
Drive-in Theaters ‒ A Money-Saving Movie Experience – Drive-in theaters are a blast from the past, but there are plenty of them still in operation today. I’m not that old but I even remember going to the Drive-in quite often during the summer back in high school.
How to Attract the Best Tenants – Renting your house or apartment? Well, having the right tenants will make your experience a great one or completely miserable one. Finding the right tenants from the start will save you a lot of trouble.
Save Your Marriage from Money Problems – Money is one of the top things couples fight about so if you’re having troubles in your marriage it may very well stem from money problems. Here’s  how to keep your marriage going strong while you sort through your financials.
How Much Does a Funeral Cost? – Thankfully this is not a question I’ve had to find the answer to yet, but it’s something worth looking into, especially if you’re trying to determine how much life insurance you need. Covering those final expenses can help prevent placing a burden on your loved ones when you die.
How To Escape An Upside Down Car Loan – I talk about cars on here quite a bit and it’s for good reason. They are absolute money drains and one of the biggest problems is that people are almost always upside down on their car loans.
Advantages of Using A Credit Card Over A Debit Card – Credit cards are evil. At least that’s what people tell us. But it’s not the card that’s evil, but getting into debt that is. If you use credit cards properly they are a great tool and can have many advantages over your debit card.
Is Goldline A Scam? – Have you been bitten by the gold bug like many Americans? You’re not alone. Unfortunately, it can be hard to separate the legitimate gold opportunities from the scams. So, what’s the verdict on Goldline?
Does Nitrogen Tire Inflation Improve Mileage & Save Money? – I’ve always wondered about this. A lot of places tout Nitrogen as a way to save big money on your gas mileage but does it really work?
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Filed Under: Friday Finance Findings
About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and About.com. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or
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How is the newly emerging European debt crisis going to affect each of us in the coming months. With sovereign debt exceeding 200% of gross domestic product in some instances how do the citizens of these countries believe that their superannuation, pension benefits, social security, and basic infrastructure can be maintained.
I have just finished reading an article in the International Herald Tribune titled in " Sweden the men can have it all" the article is highlighting generous parental leave and how with men taking more and more parental leave this is creating a new definition of masculinity.
I ask however how can this be afforded: the long one can countries, companies, business, before to be so generous the debt crisis will continue until all of us realise that socially and collectively we must put pressure on our governments to spend only what they can spend and to spend within their means.
Honestly how can we have all that we want without it being paid for at some point.. The greed of the last 25 to 30 years is going to come home to roost and it is going to create havoc across communities and countries
This new and emerging debt crisis has the potential to destroy the fabric of our communities, our relationships, our families, and our careers.
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