In The Right Lessons and The Wrong Lessons, I said the right lessons from the recession and the bear market are “so simple they don’t need any further explanation.” A reader Mark suggested that I shouldn’t be so dismissive. “If you tell him/her it’s so simple that he should be ashamed of himself for failing […]
A Tale of Two Charts
The S&P/Case-Shiller Home Price Indices came out for February 2008. They showed a year-over-year decline for most cities. The announcement from Standard & Poor’s came with the following chart: The plunge is quite impressive, isn’t it? Now look at this second chart. What do you see? A long rise followed by a small drop. The […]
Best Finance Blog for People Ready to Save or Invest
Marc Hedlund is the co-founder and Chief Product Officer of the popular Web 2.0 personal finance site Wesabe. He wrote the three personal finance writers you should read in 2008 on the Wesabe blog. My blog was selected as the Best Finance Blog for People Ready to Save or Invest. Here’s what Marc had to […]