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I.O.U.S.A. LIVE - One Night Only August 21
Posted on August 14, 2008 - Filed Under Anarchy, Movies/TV, Personal Finance | 1 Comment
One Night Only!!!
Next Thursday, August 21, 2008 will be your one and only chance to view a documentary that could change everything you’ve ever thought about macro-economics with follow-up discussion by Warren Buffett, Pete Peterson, and Dave Walker, moderated by Becky Quick, co-anchor of CNBC’s morning news show Squawk Box.
I know you’re what you’re thinking… even if you’re lucky enough to live near where this roundtable is being held, you’ll never be able to get a ticket on such short…
Looking At Long-Term Investment Results
Posted on August 10, 2008 - Filed Under Personal Finance | Leave a Comment
Last night I stumbled into a conversation with a co-worker on the real-world effects of inflation and how it effects savings. We discussed what savings we’ve done over the last several years and I veered into a tangent about why I prefer to immediately invest my savings in precious metals (gold and silver) rather than hang onto individual bills (mattress account), keep the money in the bank, or invest in the stock market. As often happens when discussing economics I…
Want To See A Free Port In Action?
Posted on April 22, 2008 - Filed Under Living Free, Travel | Leave a Comment
Well, you had better hurry and book a flight to Dubai ASAP (I recommend DialAFlight for easy booking of overseas trips).
Why Dubai?
Because Dubai (part of the United Arab Emirates) has the largest collection of genuine Economic Free Zones (aka Free Ports) currently operating-
- Jebel Ali Free Zone
- Dubai Internet City
- Dubai Media City
- Dubai Knowledge Village
- Dubai Healthcare City
- Dubai International Financial Center
- DuBiotech
- Dubai Outsource Zone
- International Media and Production Zone
- Dubai Studio City
Each of these free ports has a specific function (as should be evident by their names, above)…
Confusion Reigns As Dow Has Worst First Day Ever
Posted on January 2, 2008 - Filed Under Education, Personal Finance | 1 Comment
According to MSNBC the Dow Jones Industrial Average had its worst first day of the year, ever today. Oil spiked 4% to $100 per barrel and the Dow dropped around 220 points. Meanwhile, silver prices (where I’m currently investing) barely increased. As a novice investor, none of this makes sense to me. I can read the news reports, I can do the math, but I’m simply failing to see the correlations. I need to take some economics classes, but that’s…
Are Surplus Assets A Drain On Your Profits?
Posted on January 2, 2008 - Filed Under Business, Earning Offline | Leave a Comment
At the auction we attended yesterday it didn’t take Z long to ask the most salient economics question I had hoped she would ask: “Where do the auctioneers get all this stuff so cheap that they can sell it for so little?” The answer, of course, is businesses that are selling off their surplus assets. Manufacturers order extra materials that get “lost” in warehouses, companies buy supplies that end up going unused, and businesses replace items before their full life…
Winter’s The Time To Replace That Old Refrigerator
Posted on November 8, 2007 - Filed Under Shopping | Leave a Comment
It makes sense once you think about it, but how often do you really think about it… Summer is the height of the refrigerator sales season. Hotter temperatures means refrigerators have to work that much harder to keep their contents cool and that means more stress on compressors and other parts. Which means more breakdowns and ridiculously high repair bills. Basic market economics shows us that when demand increases (like when everyone’s refrigerator is dying due to heat exhaustion) prices…
