If you went out to buy something and came home with something more expensive than what you originally planned, you’ve been up-sold. According to Wikepedia (link),
“Up-selling is a sales technique whereby a salesman attempts to have the consumer purchase more expensive items, upgrades, or other add-ons in an attempt to make a more profitable sale.”
I [...]
Blogger Nickel at fivecentnickel.com made some great comments to my post about missing the 10 best days in the stock market. I showed in my post that the probability of missing the best 10 days in 10 years is one in 2.8 billion billion billion. Nickel disagreed. Because the comments require a long response, I’m [...]
Sorry about the late announcement and lack of posts this week. I’ve been busy with back to back business travel lately. While I was traveling, the stock market stabilized a bit after the Fed made a gesture. Countrywide got a lifeline, at least for now. We will see which shoes drop next.
Carnival of Personal Finance #114 is [...]
The stock market keeps dropping. The Dow closed under 13,000 yesterday. The recent decline tripped another wire for my rebalancing. This time it was for the small cap value asset class. I bought more iShares Russell 2000 Value Index Fund (IWN). This fund was down 8% since the beginning of this year. It was down 15% from its [...]
