World Stock Market Cap Breakdown by Country: 1900 vs. 2013

When learning about investing, it is good to remember that nearly all the "commonly accepted advice" out there is based on at most 100 years of historical returns. Meanwhile, many of us still have 50 or more years ahead of us. Is that enough … [Read the rest]

Discover Card 5% Back at Chevron and Texaco Gas Stations

Just saw this today while filling up at a Chevron. Discover cardholders can get 5% cashback at Chevron and Texaco gas stations from now until March 31st, 2014. Subject to a cap of $250 in purchases. Must sign up first by going to … [Read the rest]

Beware Recurring Preapproved Payments on PayPal – Skype Account Hacked

Tonight, I got several email confirmations for separate €25 Paypal payments to "Skype Communications Sarl". Thing is, I haven't used Skype in years. At first I thought it was just another phishing attempt. But the domain on the e-mail checked … [Read the rest]

Free eBook: The Science of Getting Rich by Wallace Wattles

I saw that a book called The Science of Getting Rich was temporarily free at the Amazon Kindle store, so I checked it out as with most financially-related titles. Surprisingly, it had over 300 reviews with a 4.3/5 star rating, quite rare for a free … [Read the rest]

The Importance of Calculating After-Tax Returns

Gus Sauter, former CIO at Vanguard, talks about the need to focus on after-tax investment returns in an interview with the WSJ (found via Abnormal Returns). He answers the question What’s your most important tax advice for mutual-fund … [Read the rest]

Index Fund vs. Hedge Funds: Buffett $1,000,000 Bet Update

Carol Loomis of Fortune has just posted the 6-year update in Fortune of the $1,000,000 index fund vs. hedge fund bet between Warren Buffett and a successful hedge fund manager. The hedge funds were in the lead early on, but started lagging behind … [Read the rest]

New myRA Retirement Accounts Quick Summary

Now that the dust has settled a bit, here's a quick breakdown of the newly-announced myRA based on the description "simple, safe and affordable starter retirement savings account". Simple = Direct payroll deduction. myRA will be funded … [Read the rest]

Financial Advisors Can Improve Portfolio Performance by 3% a Year?

At a major ETF industry conference, Vanguard CIO Tim Buckley shared a preview of an upcoming report from by Vanguard Research. The general idea is that a good financial advisor should be able to affect the performance of client's portfolio by three … [Read the rest]

Best Free Scanner Apps for iPhone and Android

One of the more useful apps on my phone allows me to take a picture of documents and receipts and convert them instantly into a PDF file. The apps automatically detect page corners and "flatten" the raw images into a high-quality scan with results … [Read the rest]

PaperKarma App: Take A Photo Of Your Junk Mail and Say Goodbye

I totally missed this app the first time around, but PaperKarma is an iPhone/iPad app and Android app that helps you stop junk mail. Catalogs, magazines, coupon books, flier, credit card offers, yellow books, etc. You just snap a photo of any … [Read the rest]

Citi Executive AAdvantage Card 100,000 Mile Bonus

(Update: The offer below has expired.) The premium co-branded Citi Executive AAdvantage MasterCard has a special offer link that is showing a sign-up bonus of 100,000 American Airlines miles after you spend $10,000 within the first 3 months of … [Read the rest]

Economy of You Book Review: Stories About Starting Your Own Microbusiness

Microbusiness. Nanobusiness. Solopreneur. These new terms were created to describe the one-person businesses which Kim Palmer profiles in the new book The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life. Some people … [Read the rest]