Welcome to the Friday, September 25, 2009 edition of On the Moneyed Midways, where we present the top posts we found in the best of the past week's business and money-related blog carnivals!
Why do smart people make big mistakes with their money? What's wrong with Fidelity's customer service? What should the quants on Wall Street have remembered from their undergrad physics classes? Is it really worth it to "stop living" after taking on a mortgage for the sake of avoiding paying for things twice?
The answers to these questions, and the rest of the best posts of the week that was, follow....
| On the Moneyed Midways for October 10, 2009 | |||
|---|---|---|---|
| Carnival | Post | Blog | Comments |
| Carnival of Debt Reduction | Peer to Peer Lending: Lend Money and Invest | Digerati Life | The Silicon Valley Blogger takes the pulse of the big players in the world of social lending. |
| Carnival of Personal Finance | Money Is More About Mind Than It Is About Math | Get Rich Slowly | The Best Post of the Week, Anywhere! Here's the key question J.D. Roth's asks after running into old friends and talking about the group's past mistakes with money: "We’re smart folks — when we were in high school together, we were in the college-prep classes together — and we understand the mathematics of our choices, but we make them anyhow. Why?" |
| Carnival of Real Estate | Home Buyer Tax Credit Extension: Yet Another Bill Introduced | Phoenix Real Estate Guy | Jay Thompson is watching the Congress like a hawk to see if they'll go through with proposals to keep the economic stimulus package's $8,000 new home owner tax credit alive after 30 November 2009. |
| Carnival of Taxes | Energy Efficiency Tax Credits | Tax Gab | Madison lists the types of home improvement projects you could do for which the government will force your neighbors to kick in cash through their tax dollars to help pay for you! One thing not mentioned: these tax credits only apply to the cost of materials, not labor or other charges. |
| Cavalcade of Risk | Movement Across Health Plans | Healthcare Economist | Jason Shafrin reviews a new paper that analyzes a decade's worth of data from Massachusetts and reveals the reasons why some people change health plans even though they haven't changed jobs. The most significant ones: "aging in place" and "adverse selection". |
| Festival of Frugality | Mortgage: Every Thing You Buy Costs Twice as Much! | Money and Such | Shadox is buying a house and a friend gave the cryptic advice to "don't stop living" when it comes to thinking about how the money spent on little things might go to pay down the interest on his mortgage. |
| Festival of Stocks | Why Fidelity Sucks | My Dollar Plan | Longtime Fidelity customer Madison DuPaix opened a Solo 401(k) with the company last year, but had her first contribution rejected because the name on the new account didn't match their records (she got married) so they shut it down. Soon, she'll have a new Solo 401(k) account elsewhere.... |
| Carnival of Pecuniary Delights | 25 Songs About Money | Suburban Dollar | Kyle lists 25 musical hits about money and links to the 24 available on iTunes. We're surprised that so few are from the 1980s (the so-called "decade of greed!") |
| Best of Money | How Stupidity on Wall Street Violated the Most Basic Laws of Physics | Darwin's Finance | Absolutely essential reading! Darwin outlines five important observations from physics that the financial world should have heeded. |
Previous Editions
- OMM's Running Index for 2008
- OMM's Running Index for 2007
- The Best Blogs Found in 2006 (and our full 2006 index)!
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