From the category archives:

investing

Are you a saver or a spender?

by debt kid on October 28, 2009

I remember the plastic bag I carried into Toys R Us very vividly. It was a concoction of $1 bills and coins, with a little dust thrown it for good measure.
My allowance at the time was .50 a week, and the squirt gun I wanted to purchase was $20.
It was the earliest “saving experience” I [...]

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Lending Club’s New Stats Page is Yummy

by debt kid on October 22, 2009

If you’re a visual learner, you’re going to love Lending Club’s new statistics page.
The new page takes all the granular, nitty gritty data that Lending Club collects on it’s borrowers and lenders and turns it into a beautiful, almost sensory, colorful experience.
Data Highlights

79% of Investors are earning returns between 6% and 15%
Lending Club has issued [...]

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Should you ever borrow money to invest?

by debt kid on September 10, 2009

I’ve been thinking quite a bit lately about why I was such a terrible day trader.
I think the number one reasons was that I was using money that was borrowed, and money that I couldn’t afford to lose.
I also had no clue about risk management.
But it got me thinking, should one ever borrow money [...]

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Roth IRAs versus 401k: How to Decide?

by Jessica W on August 10, 2009

ne of the great things about shopping for a mortgage is you can take a look at that APR and get a good idea of your “deal.” Regardless of your term, closing costs or your structure, the Annual Percentage Rate on the Truth In Lending page on your mortgage will show you [...]

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I’m Still A Recovering Addict

by debt kid on July 7, 2009

I woke up with my heart pounding. My palms were sweaty and I wasn’t sure if it was real or not.
Looking around my small bedroom, I saw a pile of clothes, laundry that I hadn’t finished from yesterday.
Whew. Just a dream.
In my dream I was down $10,000 on a $30,000 bet I had placed [...]

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Seattle Real Estate Search Tools

by debt kid on June 18, 2009

I’m kind of obsessed with Real Estate lately.
It’s been two years now since I had to do a short sale on my first home purchase (a dumb one!), and I can’t help but look at the much more attractive prices in the Seattle area now.
Of course, I won’t be actually buying a house [...]

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The fine folks at Lending Club are hosting a Webinar tomorrow, Thurs. Jun 11th, at Noon PST
To register for the webinar: Click HERE
If you haven’t opened an account at Lending Club yet, it takes about 7 minutes to do (really, I’ve timed it!).
Why Invest At Lending Club
Well, for one, it works. They recently released [...]

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Ally Bank: The New GMAC

by debt kid on May 18, 2009

I was browsing around CNBC today and noticed an interesting ad for a bank I had never heard of before, Ally Bank.
Ally = GMAC Financial Services
Their website design is quite modern and I spent some time digging around the site. Apparently, Ally Bank is the new branding for the old GMAC Financial Services.
GMAC will use [...]

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No more ‘buy and hold’ strategy for me

by debt kid on April 20, 2009

Last year, I had a little extra money in my personal account and I added some positions to my Sharebuilder brokerage account.
It wasn’t a terrible move, but last week I sold all my big positions in the account and now own no stocks (except for a few 1/10 of a shares that I might as [...]

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If you were given a $5,000 interest free loan to use to stimulate the economy or create jobs…
What would you use it for?
That’s the question Uncrunch.org is asking America. And it’s taking those responses and giving out a $5,000 interest free loan every month to the top story. As of this writing there are [...]

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