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TMFBro (< 20)

March 2011



Professor says that college degree may not be worth it

March 22, 2011 – Comments (5)

Two weeks ago, I wrote on that college is a big, fat, hairy rip-off. Now, here's another "-off" (in this case, Dr. Laurence Kotlikoff) arguing that the price of a college diploma may exceed its value. In a video interview with TechTicker, Kotlikoff says that a plumber will have more money than a doctor, factoring in the cost of getting a medical degree.    [more]



They're baaaaack: Social Security personal accounts

March 18, 2011 – Comments (8)

Given the crash of 2008, you might have thought that this was a dead issue. But all it takes is a couple of years of good stock-market returns to bring it back. The latest person to call for personal accounts is Peter Ferrara in Forbes ("A Winning Plan for Social Security Reform"), who's been making this argument for years.   [more]



Politicians and lobbyists: Evidence of the slobbery, open-mouthed kiss

March 17, 2011 – Comments (0) has a neat little tool that lets you check up on the lobbying past of folks currently working in Congress. The flip side of this is, many of the current Congressional employees who haven't made the list yet will become lobbyists once they leave Congress. That old politics/money door, it just keeps on revolvin'.   [more]



Is the "bond bubble" overblown?

March 15, 2011 – Comments (2) | RELATED TICKERS: AGG , BND

We keep hearing about how bonds are in a "bubble" and headed for a "crash," such as a recent article from Bloomberg entitled "The Makings of a Bond Debacle," with the subhead "Economists pick up early signs of a 1994-style bond rout in the actions of central banks."   [more]



Tax the Deca-Millionaires!

March 15, 2011 – Comments (20)

Yesterday, NPR's "Tell Me More" had an interesting discussion about Japan and the budget deficit with Wall Street Journal reporter Sudeep Reddy.  Readers suggested various ways to close the budget gap, and one suggested that households earning $10 million or more pay a tax rate of 50% (compared to the current 35%). Reddy looked into this, and had this to say:   [more]



Raise your hand if you thought the market would drop today

March 11, 2011 – Comments (4) | RELATED TICKERS: SPY , DIA , QQQ

As we Americans awoke this morning (and rubbed the stink bugs out of our eyes, at least if you live where I do -- though they may soon meet their nemesis), we were greeted with the news of the earthquake and tsunami in Japan, as well as (though not as important, of course) global stock markets declining as a result. So raise your hand if you thought U.S. stocks would be down today.  [more]



College is a big, fat, hairy rip-off!

March 09, 2011 – Comments (12)

That's the topic of my latest post on But, despite the evidence, I also think people who have procreated should still save for their creation's education, most likely through a 529 plan (I explain the pros and cons in the article).   [more]



Read about "manly firmness" (and the Declaration of Independence)!

March 07, 2011 – Comments (0)

I was reading the Declaration of Independence last night, and came across the phrase "manly firmness," referring to the degree to which "Representative Houses" opposed King George's invasions. It will become one of my favorite phrases.    [more]



Retirement sucks if you have small gonads

March 03, 2011 – Comments (6)

Retirement will be no fun if you're too sick or dead to enjoy it. So while you work to build your wealth, don't ignore your health.   [more]



Dow 36,000, Here We Come!

March 03, 2011 – Comments (4) | RELATED TICKERS: DIA , SPY

James Glassman, co-author of the infamous Dow 36,000, is out with a new book (Saftey Net) and a Wall Street Journal op-ed.   [more]

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