Posts Tagged ‘finance’
Perfectly Simple and Simply Perfect Pistols
What would you say to an affordable self-defense pistol made with premium American stainless steel components, chambered in .380 or 9mm available for under $120? That’s what Alexander Malcolm created with the Altor Pistol. A simple single-shot pistol that can be easily concealed in a real estate agent’s purse or placed in a farm veterinarian’s…
Read MoreKropotkin’s Ninety-Nine
Mutual aid needs to be profitable for those who engage in it. As a practical exercise in mutual aid economics, Sarwark Enterprises will operate a private investment fund of no more than 99 individual investors and business operators from around the world. Ninety-nine thousand dollars will be placed into a fund. That fund can invest…
Read MoreHow Much Do You Get Paid for Breathing? – An update
Back in July 2013, I wrote a post about how much one gets paid for breathing. The basic concept is to figure out how much money you make from entirely passive investments and divide it our to figure out what you get paid just for breathing, without having to do any work. At that point,…
Read MoreThe $1,000 Challenge
There are only two ways to improve your financial situation. You can bring in more money or you can stop spending as much money. In my quest to do the latter, I read The $1,000 Challenge: How One Family Slashed Its Budget Without Moving Under a Bridge or Living on Government Cheeseby Brian J. O’Connor.…
Read MoreFacing the truth on the debt limit
David Friedman has a very good post on The Debt Limit and Default that makes two essential points for cutting through the hyperbole in the news about the risks of not raising the country’s debt limit. (1) Our government takes in enough revenues to make all interest payments on existing debt and (2) even defaulting…
Read MoreWhy I Cancelled My PNC Bank Credit Card
My wallet is one credit card lighter this morning. I cancelled my PNC Bank Visa that I’ve had since it was still National City bank. Their business practice of charging exorbitant fees with zero grace period is not something I want to support with my purchase dollars. The facts are these: Back in January, my…
Read MorePeer to Peer Lending with Lending Club
Inspired by Mr. Money Mustache, I’ve decided to add peer-to-peer lending to my investment portfolio. I opened an account with Lending Club and just invested in my first two notes today. The way it works is that Lending Club acts as a loan originator and servicer for consumer loans. They then allow investors to fund…
Read MoreThe perils of not using your credit cards
A credit card company just sent me a letter informing me that: We have closed your AT&T Universal Rewards Card due to the length of time that has passed since it was last used. Please destroy all cards and convenience checks in your possession. I guess it’s cool that I have my life together…
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