Friday, July 3, 2009

Short Takes: Banks, Bad Investment Products, and 5-Cent Grocery Bags

1. Scott Adams of Dilbert fame has a funny and thoughtful demonstration that your bank hates you.

2. Larry Swedroe has a great series on bad investments (starts here) that includes some words to live by: "the more complex an investment product, the faster you should run from it."

3. Canadian Capitalist commented on the 5-cent levy on grocery bags that generated a lot of interest and discussion.

4. Big Cajun Man suggests that executives of financial companies should use the products that they sell to the public.

5. Million Dollar Journey has a post by Kathryn about how she gently coaches people to learn more about handling their money.

6. Thicken My Wallet has some advice for negotiating effectively.

7. Preet gives a performance update of the blogger's stock picking contest. His portfolio is deliberately selected to have very high volatility, but somehow his results are close to the median so far.


  1. Thanks for the mention and enjoy your vacation, remember to stimulate as many golf courses as possible!

  2. Thanks for the link. Have a good weekend.

  3. Thanks for the mention. Have a great weekend!

  4. Thanks for the link. I take it you are off somewhere to play some golf. I was lucky enough to be invited to play at the Telus World Skins Pro-Am a few weeks ago. The problem was that I only played four rounds in my life before that. I completely embarrassed myself, but luckily my group was very understanding. Perhaps after I practice some more we can play a round in the future. Cheers!

  5. Preet: The World Skins Pro Am sounds like fun even if golf isn't your sport (yet). I'd be happy to play a round with you. I'm not a great golfer, but at least I can hit the ball far (into the woods).

  6. Thanks for sharing such great info, it will surely help many people.