theknowitalleffect

http://money.cnn.com/magazines/business2/101dumbest/2007/full_list/index.html Dear, Seriously Stupid: If you ever felt you have done something seriously stupid @ work fear not there are many more idiotic people in this world. Not to mention just flat silly corporation and buisness blunders that would make any CEO cringe at the mere thought they actually paid these people. I guess there is such a thing as job security. OMG. Sincerly Yours, Not as dumb as the top 100.

http://money.cnn.com/2007/10/24/real_estate/details_on_new_Countrywide_plan/index.htm?postversion=2007102510 What the heck!!! We knew it was coming. The real question is why are we sucumbing to the needs of individuls that are now getting bailed out for making poor financial decisions. I would really like to know, why are we now providing ARM interest rate locks on teaser loans, because the poor fools or the once thought savy real estate investors now have to take it in the shorts. Oh poor me boo who... Who's going to bail me out now. I made a risky investment and got caught with my pants down. Oh please help me and bail me out!!! So why can't I just walk into the bank and re-negotiate my loan. Why can't I just say oh poor me I just didn't understand and I am about to lose my home.. So please mister banker please adjust my home loan and make it affordable for me. The problem with that is.... I did know better!!! I take accountability for the loan documents I sig...

http://articles.moneycentral.msn.com/CollegeAndFamily/CutCollegeCosts/IsCollegeWorthTheMoney.aspx wow is all I can say. A time that I am flat just speechless. What are we in store for now.

http://www.ssa.gov/planners/calculators.htm Use simple quick calculator and inflated dollar option. Pretty funny huh?

http://money.cnn.com/2007/10/05/pf/retirement/cash_from_401k.moneymag/index.htm Well a little cliche, buttttt ... So for those that have scoffed at all be it most 401 k wild projections. Seeing something like this really is a nice change of pace. The problem with most investments is, they are mostly projections. If they pan out great. However the Roth IRA is not a bad deal. $15500.00 seems like a lot of money for most people. Think about it if you started a Roth IRA @ say age 20 and saved just $100.00 a month. Well guess what in say just under 13 years you would have met that amount. Even though $15500.00 is the maximum contribution amount a year for a R oth IRA. In this article it is also used as a wow factor. for a 20 year investment : "Put your money in a Roth 401(k) and you'll end up with $72,245 tax-free in 20 years" However, the numbers don't lie. If you did in fact place $15500.00 in an account and let it sit earning interest amortized @ an 8 % interest rat...

You can read it hear. http://money.cnn.com/magazines/business2/business2_archive/2006/10/01/8387088/index.htm Sounds neat enough. You think it's too late to try it out?

Housing Markey Crash? I am sure you have seen it all over the media. The housing market is crashing. Sales are down! There is a glut of homes on the market. Well want to get some facts outside of the media and the articles. Check out some of these links. Good terms to know: REO : (Real Estate Owned) a.k.a bankowned property; pretty straight forward. Foreclosure - Legal process by which a mortgagor of real property is deprived of his interest in that property due to failure to comply with terms and conditions of the mortgage. Preforclosure - A process where by a default has taken place. Usually a notice of default will have been filed as a first step. If the default is not cured either a judicial or non judicail proceeding is started and property is subject to foreclosure. Preforeclosure is sometimes known as Lis Pendens(lawsuit pending) in states that conduct judicial proceedings. HUD - The Department of Housing and Urban Development was established by the Housing and Urban Developme...