Federal Fair Housing Act stipulates the following discrimination in mortgaging lending illegal: race, color, national origin, religion, sex, familial status or handicap (disability). I think the law is not going far enough, it ought to include discrimination against self-employment. As…
investing
There is No Minimum Age to Start an IRA Account
by Eric Carnegie •
One of my kids started college last year. Even before he went to college, during his busy senior year in High School, the boy found a cashier job with Sprouts Farmer’s Market. In his first semester in college, he started…
Do What Einstein Said and Becoming a Millionaire is Easy
by Eric Carnegie •
Albert Einstein was not known for his wealth, but asides from his numerous achievements in Physics, he was also known for having said the following about wealth and money: “Compound interest is the eighth wonder of the world. He who…
Three Credit Card Benefits: Rewards, Transfers, and Floats
by Eric Carnegie •
This afternoon, I just converted 46,556 points from one of my credit card into $465.56 cash and have it deposited to the bank account I have maintained with the bank I got the card from. Not too bad for three…
Why I Hate Mutual Funds
by Eric Carnegie •
As I am on the subject of stock investing and personal investment performance, I just want to vent it out and tell why I have hate mutual funds so much. Given the options of investing in mutual funds, index funds,…