Which costs more Carrying or Operating? Bulbs Light The Way

In my past post the focus was on car depreciation, I referenced a Consumer Reports breakdown of how much costs of ownership is in the first 5 years. This got me wondering could anything purchased be broke down in this way? Could this be useful information?

Livermore Centennial Light Bulb

Stand for Something - Preventative Medicine for Scams and Ripoffs

" Those who stand for nothing fall for anything." 

Alexander Hamilton

There are so many scams and ripoffs around. I always think to have principles and to stand by them is one of the best defenses to schemes that try to separate you from your wealth.

Free Ride Project - Edmunds Style

Good ideas have legs. The Dave Ramsey "Drive Free for Life" has been duplicated by Ronald Montoya and Philip Reed of Edmunds.com. The idea has been sited in Australia as I posted previously. The name of the Edmunds duo's article is "The Debt-Free Car Project".

1996 Lexus ES 300 - Model of the Edmunds Duo

Are Multi-Level-Marketing Companies a Legal Pyramid? What does it matter?

Would you feel better if you lost money from a legal pyramid scheme or an illegal scheme? It is kind of a stupid question because it doesn't matter you still lose money whether it is legal or not. I would not feel any better to lose two thousand dollars in a multilevel marketing or a Ponzi scheme.

The structures are completely the same. There is a person on top and many people supporting the top person by buying into a product or network. The only difference is the network marketing is suppose to have a product to sell and the pyramid doesn't.

Games with the Number 72…

Parcheesi - 

The game with 72 spaces from start to home

The name of the game which involves number 72 is not Parcheesi which has 72 spaces from start to finish. I'm referring to the game of "How long does it take to Double your Money".  It is a game that has only one rule... The rule of 72.

When you invest to determine when your money will double you need to know a couple of things. The first is what interest rate are you getting? The second is you need to know the rule of 72. This is useful in figuring out what is a good investment or a not so good investment.

Umbrella Policy Insurance - What? Is it Raining?

How well off are you going to be if someone sues you for more then you are worth financially? If they win you are officially up-side down financially and may be a good candidate for bankruptcy. What are the chances of being sued? I don't know the answer to that last question but, I do know the United States has more lawyers

Get Covered under an Umbrella

Most people carry home owners insurance, auto insurance, life insurance and maybe short term disability insurance. These insurances are mainly to cover if something happens to an item, your person and some liability. If someone else gets injured or hurt on / by your property you can be sued.