The Motley Fool is a web site devoted to helping average people make better investment and financial decisions. Recently, GRS forum administrator (and resident economist) Jericho Hill got a chance to visit The Motley Fool headquarters. This is part one of a report on his experience.
When I was in high school, I participated in my state’s stock market game. It was designed to introduce our economics class to the world of investing. That’s where I first heard of The Motley Fool , an upstart website for financial investors that went against the grain of having advisors manage your money. Their newsletter analyzed the advantages of managing your investments yourself, and advocated indexed mutual funds over managed funds.
So, when I received an invitation recently to visit the Fool Headquarters in Alexandria, VA for a focus group, I jumped at the chance. The purpose of the focus group was two-fold.
One part of the meeting focused on The Motley Fool’s ...
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Halifax removes tracker mortgagesTelegraph.co.uk, United Kingdom - 33 minutes agoHalifax has removed a number of tracker mortgage following Wednesday's 0.5 per cent cut in the Bank of England's interest rates. …Blow for new mortgage borrowers BBC NewsAbbey wipes out base rate cut by raising mortgage costs Times OnlineMortgages Set To Get Cheaper Motley Fool UKThe Press Association - Telegraph.co.ukall 263 news articles
Original post by mortgage - Google News ... more
T-Mobile sold out its first 1.5 million pre-orders of HTC’s G1 phone, the first handset based on the Google Android Java/Linux stack, says The Motley Fool. The wireless carrier also plans to have several million handsets available for the Oct. 22 retail launch, says the story.
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I spent the 1990s addicted to credit cards. I was mired in debt.
Recently while cleaning the garage, I unearthed a box full of old receipts and bank statements. I spent a couple hours sifting through them, aghast at my former spending habits. It was like peering into the life of a stranger.
Addicted to debt
The oldest documents I have are from April 1994, less than three years after I graduated from college . Already I had $9,550.13 in credit card debt. (I also owed more than $5,... more
Amber dropped a line yesterday to share a story that might seem minor to some people, but which is important to her and many others. A U.S. Federal appeals court has ruled that paper money is unfair to the blind , which may force the Treasury Department to redesign our currency.
“This has been a big issue in the blindness community for a number of years now,” Amber writes. “I am curious to hear what you and your readers think of this issue. As for me, I am blind myself,... more
This is a guest post from Cathy , who writes about family finances, cooking, and parenting at Chief Family Officer .
I love the philosophy of getting rich slowly by doing the fundamentals: spend less than you earn, pay off debt, and invest wisely. One way that I save money is with what I call The Drugstore Game.
The Drugstore Game involves combining manufacturer and store coupons, and taking advantage of a store’s best deals. When played at the highest level, the Drugstore Gam... more
Money is more about mind than it is about math. Our financial decisions are often based on psychology and emotion rather than on pure numbers. Nearly everyone understands intellectually that credit card debt is bad, for example, but for millions of people, this understanding isn’t enough.
A newish group of researchers dubbed behavioral economists have been exploring the gulf between financially optimal behavior and the things people actually do . One reason, said economist Dan Ariel... more
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