Your Guide to Financial Clarity
David
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Posts by David
Money Supply – Part II
14 years ago
in Commentary
Last week we learned that for price stability, the money supply needed to grow with the economy. But to make things more challenging, changing the velocity of money also changes the money supply needed for price stability.
Today, I’m going to take a quick look at how the fractional reserve [...]
Money Supply – Part 1
14 years ago
in Commentary
The news seems to be more of the same, so I thought I would take a little time and explore the topic of money supply. Doesn’t that sound exciting :-).
A lot of silly things get said on the news and having a deeper understanding of this subject will help you filter some of those out. It will also [...]
Analyst Optimism???
14 years ago
in Investing
If there was any doubt that the ratings from official stock analysts are useless, check out the following graph.
Anemic Job Outlook
14 years ago
in Commentary
A month has passed since my last jobs posting, so I thought an update would be useful. For those who like to jump to the punchline: the hemorrhaging of jobs has ceased, but significant job growth isn’t going to appear this year. This means housing prices will stay under pressure and inflation and [...]
Financial Reform Summary
14 years ago
in Commentary
It looks like the senate and house have finished their conferencing so we can look at what changes will likely be coming down. Here are the highlights that I noticed. The bill is huge. So I’m sure we will be discovering lots of little gotchas for quite some time.
$250K FDIC made permanent — [...]
New Credit Card Rules
14 years ago
in Commentary
Rules for implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009 are slowing being written and released. Here are some of the latest.
These rules go into affect Aug 22.
Inactivity fees are banned
Penalty fee (e.g., late fee) cannot be more than the required minimum [...]
What to be afraid of (or not)
14 years ago
in Insurance
Human beings are absolutely horrible at estimating the risks they are exposed to. Here is a graphic and some numbers to help put different risks in perspective.
If you are in the US, here are your one-year chances of dying from …
any cause: 1 in 117
heart disease: 1 in 384
cancer: 1 in [...]
Real Estate – Partly Cloudy with a chance of further decline
14 years ago
in Commentary
The combination of record low mortgage rates and housing prices that have fallen significantly over the last two years means many people are asking themselves if now is the right time to buy. This is an attempt to provide some perspective on that questions.
1. Mortgage Rates
Mortgage rates are [...]
Car Ownership Costs
14 years ago
in Retirement
The following huge graphic breaks down the average costs of car ownership (around $6K/year). The two car lifestyle has become so ingrained in our culture that it is often overlooked as one of the easiest ways to substantially lower costs for a family. Especially in retirement when both members of [...]
Bank Fraud – The Bank is not on your side