andyhky + finance   21

HOWTO solve the sub-prime mortgage mess [dive into mark]
...who have no savings and no equity because they felt they just had to live in a McMansion and load up their credit cards with 60-inch home theater systems with 7.1 surround sound. No sir, not a lick of sympathy.
Bookmarks  finance  mortgage  money  article  interesting 
january 2008 by andyhky
Bear Stearns Says Battered Hedge Funds Are Worth Little - New York Times
Think you're having a bad day? "Bear Stearns told clients in its two battered hedge funds late yesterday that their investments, worth an estimated $1.5 billion at the end of 2006, are almost entirely gone."
Bookmarks  finance  business 
july 2007 by andyhky
Surviving (and thriving) on $12,000 a year - MSN Money
Make no mistake: I'm poor by choice, because I needed to change my life. I chose to leave my marriage, and I chose to become a student. I can live this way because I know it won't be forever. I'll have my degree in two more years, and I'll go back to work
Bookmarks  finance  inspiration  money  frugal  tips  articles  toread 
january 2007 by andyhky
Newsvine - Financial IQ: Don't Be Retarded Part I
"Put bluntly, renters are losers. Plain and simple. You will never accrue anything worth having while you are renting. Every check you send off to your landlord is just making someone else rich. You will never get that money back. The first key in your qu
Bookmarks  finance  newsvine 
january 2007 by andyhky

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