Statistical Proof of Lifestyle Inflation!

The idea that as people earn more, they tend to spend more as well has been termed lifestyle inflation. Derek Thompson in this Atlantic article illustrates this concept using data from the Bureau of Labor Statistics. A family led by a high-school … [Read the rest]

Uber Car Service Promotion Codes: Free $$ Ride Credits

Update: Get over $100 in additional free ride credit from competing car services here! Uber is a service that allows you to summon a ride via a private car or taxi using just your smartphone. All payment including tip is put on your credit card … [Read the rest]

Kapitall Brokerage Promotion: $100 Bonus for $1,000 Deposit

Kapitall is basically a brokerage with a user interface like a video game. Their motto is "Drag, Drop, Trade. It's that simple." I don't think the idea of equating stock trading with a game is a good lesson for long-term investors, so I'm not a … [Read the rest]

Costco: Procter & Gamble $33 Cash Card Promotion

Costco and Procter & Gamble have a mail-in rebate promotion for a $33 Costco Cash Card if you spend more than $100 pre-tax on any P&G products in March. Must purchase by 3/31/14 and postmark the rebate form by 5/1/14. You can apply for two … [Read the rest]

Navy Federal Credit Union No Balance Transfer Fee Promotion 2014

NavyFed Credit Union has a limited-time promotion going on until Sunday, April 20th where if you do a balance transfer from an external financial institutions to your existing Navy Federal card, you'll get a fixed 0% promo APR for 12 months with no … [Read the rest]

AT&T Mobile Share Value Plan Discounts

AT&T Wireless has changed the pricing on their Mobile Share Value Plans, with unlimited talk, unlimited text, and 2 GB of shared data across all lines now costing $40 + $25 per line if you are off-contract. That's means two lines with 2 GB of … [Read the rest]

Hotel Tonight App Promo Codes – Free $25 Credit

Hotel Tonight is a well-reviewed smartphone app that specialized in last-minute hotel bookings. Currently, there are promo codes active that can get you free credit good for any hotel available on the app. The selection is pretty good in my brief … [Read the rest]

How Children Succeed: Grit, Curiosity, and the Hidden Power of Character

What makes children, or even adults, succeed? It's commonly believed that cognitive skills, also known as intelligence, are a primary factor. Smart people are the successful ones, right? Tests like the SAT measure this stuff, skills like pattern … [Read the rest]

Bogle on Predicting Future Long-Term Bond Returns

Jack Bogle is best known as the founder of Vanguard index funds, but he also dispenses great common sense advice about investing. I've written previously about his long-term stock return methodology including this prediction for stock returns for … [Read the rest]

WiseBanyan: Free Automated Portfolio Management?

Ready for another start-up? WiseBanyan wants to offer free online investment advisory services. That's right, they will take your money, help you buy a portfolio of ETFs, manage dividends, rebalance, all that for free with no minimum balance … [Read the rest]

Buffett’s Simple Investment Advice to Wife After His Death

The 2013 Berkshire Hathaway (BRK) Annual Letter to Shareholders by Warren Buffett is now available to the public. Download here [pdf]. I've been haltingly working on making preparations for my family in case of my premature demise. I've done a … [Read the rest]

Late Brokerage 1099 Forms & IRS Mailing Deadlines

I never file my tax returns too early. The last time I did so, I had to file an extra amended return as my stock brokerage sent me a late corrected 1099 form shortly afterward. What a hassle. It seems that every year one of these forms shows up … [Read the rest]