My Kid Flooded Our Home. What’s the Worst (Most Expensive) Mistake Your Kids Have Made?

October 4, 2011

I love being a dad, I really do.  But sometimes my kids do things that, well, test me.  Last night I received a frantic call from my wife that water was pouring through the ceiling, soaking multiple rooms going all the way down to the basement.  By the time I got home, I found pools […]

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9% Risk-Free Return in 1 Month: See How I Did It

September 25, 2011

It’s very rare that you hear the phrase “risk-free return” these days without it being tied to an FDIC-insured CD yielding south of 3%.  Heck, even US Treasuries are no longer considered risk-free by S&P following the recent credit downgrade and there are only 4 AAA companies left in the S&P500.  So, you’re probably thinking […]

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Darwin vs. The Fed. Guess Who’s Losing…

September 22, 2011

So, a few weeks ago, I publicized my crusade against US Treasuries whereby I was shorting naked call options on the 3X Leveraged ETF for long duration government debt.  That’s a mouthful. In essence, with rates at record lows, driving mortgage rates to never-before seen levels, I figured that was it.  With our debt problems […]

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What If Unemployment Benefits Were Structured as a Loan Instead of a Freebie?

September 18, 2011

There are a lot of strong emotions on either side of the Unemployment Benefits discussion.  On one hand, there are the current unemployed who are pretty miserable right now.  Many can’t find a job commensurate with their skill set and prior pay rate and they’re burning through their savings.  They’re sick of hearing politicians, the […]

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This Investment Pays Off 100:1 – The Thesis is Sound, but is the Timing Right?

September 16, 2011

I was watching CNBC Thursday when an interesting guest presented what may be the “Big Short” incredible play of 2011-2012.  Bill Ackman, the founder of the Pershing Square Hedge Fund presented his thesis on a currency play that will pay out at 100 to 1 if it occurs.  It’s a binary trade where he’ll lose […]

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Debt – Which Camp Are You In?

September 15, 2011

It’s pretty amazing what a substantial part of our everyday conversation revolves around debt.  Debt issues, deficits and creditworthiness have grabbed national headlines stemming from the downgrade of US debt by S&P and is now a key issue in the presidential candidate debates.  At the household level, virtually all of us incur debt of some […]

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