So, back in 1998, my Dad gave me $1,000 to put into an IRA. Being young and irresponsible, but not that irresponsible, I put it into the IRA as suggested (divided evenly between a growth and income fund and a large cap value fund*), but did almost nothing with it since. I have since contributed [...]
Archive for July 7th, 2008
Behold the Power of Compound Interest!
Posted in Economics on July 7, 2008 | 13 Comments »
Sabathia: Good Move or Bad Move?
Posted in MLB/MiLB, Sports on July 7, 2008 | 7 Comments »
The Brewers just acquired Cleveland ace C.C. Sabathia (3.83 ERA, 1.23 WHIP, 122.1 IP in 18 games), trading away four minor-league prospects (including their top prospect) to get what in all likelihood will amount to a rental player for the rest of the season (Sabathia is an unrestricted free agent at year end). I’ll put [...]
McCain's Disingenuous Tax Spin
Posted in Politics, Taxes on July 7, 2008 | 2 Comments »
Via RealClearPolitics, McCain is attacking Obama on taxes: Re: Credibility Gap: Barack Obama’s Vote To Tax Those Making As Little As $32,000 This year, Barack Obama returned to the United States Senate twice to vote in favor of a budget resolution which raises income tax rates by three percentage points for the 25, 28 and [...]
The Economic and Thermodynamic Advantages of Being Short (under a Democratic Administration)
Posted in General, Humor, News & Current Events on July 7, 2008 | 1 Comment »
I’ve always liked Robert Reich. More good reasons why: Are there any economic advantages to being short? There are many. I use far fewer calories than the average person. I am much more economically and environmentally sustainable. I exhale less carbon dioxide into the atmosphere. I use up less space. I have a little house. [...]
All-Star Bloggin'
Posted in MLB/MiLB, Sports on July 7, 2008 | 9 Comments »
UPDATE: The starting lineups are out, and apparently my picks didn’t fare too well. Only two of my AL starters made the starting lineup (A-Rod and Josh Hamilton), although four of my other seven picks at least made the squad as reserves. On the NL side, I did a bit better: four starters (Berkman, Utley, [...]
Remembering Jesse Helms
Posted in News & Current Events, Politics on July 7, 2008 | 1 Comment »
I’ll let Hilzoy take this one.