My Blog, Your Money

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Entries from October 2009

How Ramit Recovered from an Expensive Mistake

October 28th, 2009 · No Comments

Ramit Sethi from I Will Teach You To Be Rich recently posted a video about how he ruined his brand new $1,300 MacBook by spilling coffee on it, but was then able to make the best of this situation by successfully recovering $1,100.  First, he sold the laptop as-is on eBay for about $661.  Then […]

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Tags: Credit Cards · Good Habits

Rich Germans Want to Pay More Tax

October 23rd, 2009 · No Comments

So a group of rich Germans is petitioning to increase taxes on the wealthy.  In this these difficult times, it’s nice to know that some people want to share their fortune with the less fortunate.  I wish them the best!  And if their initiative is not successful, I hope they donate their excess wealth to […]

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Tags: News · Taxes

Are You Too Smart to be Rich?

October 15th, 2009 · No Comments

I just read this great article about intelligence and its relationship to wealth-building.  As with most Motley Fool articles, it has a provocative title: Are You Too Smart to Be Rich?
The bottom line of the article is that you don’t have to be smart to be rich so don’t let that notion hold you back. […]

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Tags: Other

$48 Billion for Costa Rica?

October 6th, 2009 · 1 Comment

 
Here’s an interesting piece I came across: Countries Billionaires Could Buy.  While it’s an interesting premise that caught my attention, it merely matches up a billionaire’s net worth to a country’s GDP and I don’t a country’s GDP reflects the its true value.  It might be indicative, but it’s not the exact figure.  For example, […]

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Tags: Billionaires · Fun