A different take on an Economic Disparity study

“I am so close to breaking in into the top 5% of incomes in Oregon.” That was my initial reaction to reading the most recent study by the Economic Policy Institute which measured income disparity by state. The main points of interest were compiled by CNN into a table showing the state by state . . . → Read More: A different take on an Economic Disparity study

Mixed housing price forecast

The PMI Group has released its Q4 2005 report on the housing market, with some interesting statistics.

First, despite all the talk of housing bubbles, the risk doesn’t seem that severe for most of the country. This is along the lines of what Greenspan was trying to say when he talked about there being . . . → Read More: Mixed housing price forecast

EverQuest and IRS

“EverQuest’s annual GDP—the total wealth in goods and services an economy creates—is about $135 million, or around half the GDP of the Caribbean island nation of Dominica.”, according to economist Edward Castronova. Yet the IRS has apparently never heard about it, and doesn’t know how to go about taxing it?Confused about what I am talking about? A quick backtrack might help. . . . → Read More: EverQuest and IRS

Addressing the Social Security Crisis

If we want to save Social Security for future retirees, we as a society should do what we can to encourage saving now. I hadn’t thought of it that way before, that my personal saving and getting out of debt will help fuel the economy which will enable retirees in 2020 and beyond to . . . → Read More: Addressing the Social Security Crisis

My response to economic pessimism

My simple response to economic pessimism is to simply continue doing what I believe is the right thing for my family. . . . → Read More: My response to economic pessimism

Making a Financial Emergency Kit

I was already planning to make a video log of my possessions this month. It would help prove ownership and spark my memory if I had to make a disaster claim to my insurance. The temptation with this sort of thing (for me) is to make it too complex. . . . → Read More: Making a Financial Emergency Kit

An unexpected benefit of budgeting

When I started formal budgeting & tracking of my finances last June, I never considered that it would make me feel less guilty about spending money. . . . → Read More: An unexpected benefit of budgeting

Good AdSense Resources

Make Easy Money with Google is running a multi-category poll Best AdSense Resources of 2005. I don’t feel right voting since I haven’t seen many of the resources in the poll. Instead, I’m simply using it as a collection of links others find useful. Very helpful for this new AdSense publisher.

Already, I am . . . → Read More: Good AdSense Resources

Flipping your startup for 5-10x the money

Today, many startups are designed from the start to be acquired by GYM (Google, Yahoo, Microsoft). That is their only real plan for making money. Greg Yardley points out with example numbers to back him up, that having actual income ahead of acquisition will vastly increase the selling price. For example, he lists delicious . . . → Read More: Flipping your startup for 5-10x the money

How to become a Millionaire

Browsing PF Blogs tonight, I came across a great summary of one man’s approach to his goal of becoming a millionaire. It details the eight components of his recipe for success. Boiled down, “Have a lot of projects, keep working on them, don’t give up, do be flexible, watch out for barriers to entry, . . . → Read More: How to become a Millionaire