Archive for July 2013

What investment scams are made of

Written by Jeffrey Steele - One Comment

This post is from staff writer Jeffrey Steele. I’ve had Brian Ross’s 2009 book “The Madoff Chronicles” in my sights for several years, and I finally got around to plucking the tome about the 2008 collapse of the House of Madoff from my local library. Having devoured about three-quarters of this Greek tragedy of a tale, […]

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Published on July 31st, 2013
Modified on July 25th, 2013 - One Comment
Filed under: Reviews,Saving & Investing
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Happily ever after: The rise of virtual retirement villages

Written by ecannon - 3 Comments

This article, written by Leah Ingram, comes to us from our partners at LearnVest. When Mary Flournoy, now 67, retired from her job as a librarian in 2011, she was hardly ready to move to a retirement home and spend the rest of her days in a rocking chair. Living in East Falls, a neighborhood in western […]

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Published on July 26th, 2013
Modified on July 16th, 2013 - 3 Comments
Filed under: Retirement
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Why Detroit’s bankruptcy affects you

Written by William Cowie - 9 Comments

This post is from staff writer William Cowie. If you had to pick a single city in the U.S. epitomizing America’s might as an industrial power, Detroit would be hard to beat. That’s right, the Detroit that just declared the largest municipal bankruptcy in American history. If your first reaction was to shrug and say something […]

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Published on July 24th, 2013 - 9 Comments
Filed under: Retirement
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How financial milestones have changed over the years

Written by Richard Barrington - 7 Comments

This post is from staff writer Richard Barrington. A recent conversation I had with some fellow 50-somethings sparked a series of thoughts on how expectations about wages have changed in the 30-odd years since we got out of college. Some compensation milestones have clearly changed, while some haven’t. This in turn got me thinking about […]

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Published on July 22nd, 2013
Modified on July 16th, 2013 - 7 Comments
Filed under: Retirement,Saving & Investing
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Time your spending and save big

Written by ecannon - 5 Comments

This post, written by Lisa Schlosberg, comes from our partners at QuickenLoans.com. Controlling your financial situation requires paying attention to where you spend and what you’re buying. But to be really successful, you should start to consider when you shop as well. Implementing small changes like buying according to the best time of day, week or year, […]

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Published on July 19th, 2013
Modified on July 10th, 2013 - 5 Comments
Filed under: Frugality
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Calling attention to retention

Written by Jeffrey Steele - 2 Comments

This post is from staff writer Jeffrey Steele. I’ve been a member of a local professional association for more than 20 years. The group holds monthly meetings, and the program committee comes up with a different program each month, usually featuring one or more guest speakers. Topics have included getting the most from social media, […]

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Published on July 17th, 2013
Modified on July 9th, 2013 - 2 Comments
Filed under: Customer Service,Self Employment
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Free or cheap summer fun for frugalists

Written by Suba Iyer - 2 Comments

This post is from staff writer Suba Iyer. For the past few years we have spent our summers traveling. This year is different; we moved to a new city, bought our first home and we are also expecting our first child this fall. Lot of exciting life changes but they didn’t leave much room for major […]

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Published on July 15th, 2013
Modified on July 9th, 2013 - 2 Comments
Filed under: Family & Life,Frugality
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Epiphanies: Catalysts of change

Written by ecannon - 2 Comments

This is a guest post from Terry R. Vergon who wrote “A Journey of Epiphanies:  Learning Leadership,” which looks at the specific epiphanies that enable people to become great leaders and affect change. Five Cent Nickel offers great suggestions and behaviors to help us become more financially successful, but what drives us to adopt these behaviors? […]

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Published on July 12th, 2013
Modified on July 9th, 2013 - 2 Comments
Filed under: Miscellany
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The gold price fight of 2013

Written by William Cowie - 8 Comments

This post is from staff writer William Cowie. I love a good fight — don’t you? The latest fight I’m enjoying from the sidelines is the gold fight of 2013. Gold, it seems, has the power to elicit more raw emotion than any other investment. On one hand, it’s been around thousands of years — […]

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Published on July 10th, 2013
Modified on July 8th, 2013 - 8 Comments
Filed under: Saving & Investing
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A simple way to understand a complicated stock market

Written by Richard Barrington - 3 Comments

This post is from staff writer Richard Barrington. The stock market has been taking its lumps over the past month, with the most consistent source of upset being speculation over when the Federal Reserve would end its aggressive stimulus program of low interest rates. The irony is that this speculation has been triggered by improved […]

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Published on July 8th, 2013
Modified on July 6th, 2013 - 3 Comments
Filed under: Economy,Saving & Investing
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