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Posted January 23, 2012
I recently saw a nature show about Chinese fishermen who had their regular income decimated because of overfishing and pollution. The species of squid and mackerel that they had harvested to make their money were become rarer and rarer, with jellyfish, an invasive species, taking over their fishing grounds. Rather than dock their boats forever,
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Posted January 18, 2012
Some people call playing the stock market a form of gambling.?There are lots of arguments for and against this mindset, but there is no denying the fact that the stock market is filled with uncertainty.?If there is a magic bullet or a fail-proof trading method, why do professionally-managed hedge funds and actively-managed mutual funds often
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Posted January 4, 2012
It happens every year around the holidays.?Usually I’ve had a few drinks on New Years Eve and I make a promise to myself (I hate calling it a ?resolution?) that I’ll be better at handling my finances in the coming year.?But, as the new year gets less new, I forget my beer-buzz-inspired plans.?The credit card
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Posted December 8, 2011
This week’s Self Made Man Column, like the previous two, focuses on someone in the arts. But unlike John Waters, who grew up in stable upper-middle-class circumstances, or Steve ?Mugger? Corbin, a teenage runaway who was essentially adopted by the Los Angeles punk scene, our subject today clawed his way from extreme poverty (defined by
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Posted December 5, 2011
You probably aren’t rich.?Most people aren’t.?But, if you are like the majority of people out there, you probably want to be rich (or at least have more money in your bank account than you currently do). Making more money requires hard work, shrewd planning and, most of all, the luck that it takes to catch
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Posted December 1, 2011
John Waters is something of a constant in my life. Being from Baltimore, and having family in the area who knew his family (my grandmother used to play bridge with his aunt), I’ve always known about him and his seedy reputation in film, even before I was old enough to see it for myself. Granted,
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Posted November 28, 2011
Anyone who has been alive long enough has been guilty of making the wrong decision when the right one was glaringly obvious.?It’s easy to laugh when someone else does it.?But when you are the sucker, it isn’t so easy to let it role off of your back. You adopt the universal mantra of stupid-mistake-makers everywhere:??I
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Posted November 22, 2011
When TSB asked me to write a column about self-made men, I thought: it’s about time. Finally, the world can learn about this important distinction of manhood from its purest source, a cat-owning bachelor who spends the better portion of his day writing humor columns in his underwear. But what is a self-made man, exactly?
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Posted November 21, 2011
You’ve probably heard it from politicians, news anchors, and even your peers: ?Everyone suffers during and economic slump.?You just have to wait it out.? That might be true, but the idea of simply waiting for the bad times to pass might not be as valid as it seems.?Maniacal CNBC personality Jim Cramer is famous for
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Posted November 16, 2011
There are advantages to keeping things simple, especially when it comes to money and finances.?If simple and straightforward is best, why is it that so many people have trouble organizing their budget, cash flow and debts??Maybe they find it easier to adopt the mindset of: ?Someday I’ll be rich, or at least have more than
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Posted November 8, 2011
How You’ll Pay in the Future! The way that you pay for things will change in the near future, but perhaps not in the ways that everyone excepts.?High-tech mobile phone payment systems like Google Wallet have made headlines, but it will be several years, at least, before we know if Wallet and its peers are
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