2million's Personal Finance Blog

My Journey to Financial Freedom

March 3, 2008

Weekend Reading - Magically Cut Your Mortgage in Half with $3,500

Random articles that caught my eye this weekend: Money Merge Accounts - I hadn't heard about this till I stumbled on this article over the weekend. The buzz is on buying a piece of software (and HELOC account I guess)...
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March 5, 2008

February Net Worth Update (+$8,694)

I didn't have a clue whether we were up or down this month till I finished running the numbers. Happily I can report we did pretty well given the volatility in the market. I have mixed feelings about the housing...
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March 7, 2008

Example of Real Inflation in China

Here is a tell-tale sign of what’s happening while my wife and I have been living in China. On a regular basis we order a Papa Johns Pepperoni Pizza to enjoy some food that tastes like home. Its not...
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March 10, 2008

The Effect of the Decline of the Dollar in China

Since the start of my China assignment in July, I have seen the dramatic effect of the devaluation of the US dollar in very real terms. Given that China's economy runs mostly on cash I have to make regular ATM...
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March 12, 2008

Personal Finance Issues and the US Election

Politics aside, there are some major personal finance issues that are going to affect how folks plan and pay for things like retirement, job loss, unemployment, and of course financial freedom. Universal Health Care To me perhaps the most significant...
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March 14, 2008

Taking Our Savings And Paying Down Our Mortgage

I have previously analysized the mortgage on House #3 and determined we could earn a 6.77% after tax return by paying down the mortgage to get rid of the private mortgage insurance. I have been on the fence this as...
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March 16, 2008

Weekend Reading:Sad People Overpay

Buffett's 3hr interview on CNBC. An excellent transcript to read though -- its lengthy though. Couple nuggets I picked out: Muni bonds. A college buddy of me recently emailed me about interest in municipal bonds. All I know is I...
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March 19, 2008

Vanguard Brokerage Account Review

I recently opened a joint Vanguard Brokerage account. Since I am a Vanguard Flagship client, I decided to open an account with my wife with a long term goal of making it our primary money management account. The Vanguard Brokerage...
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March 26, 2008

Why Take An International Assignment?

My wife and I are beginning to wrap up our assignment here in China. In less than 90 days we should be headed back to the US unless there is an unexpected change. I thought it would be a good...
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March 31, 2008

Weekend Reading:Pay More and Feel Better

Price Placebo Effect - An interesting article that talks about how people who pay more for the same thing actually derive more pleasure from the product or service. For me it explains why my wife likes shopping and I hate...
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