Yesterday the market closed at 11,866.62, after our lawmakers decided to put a gun to head of the American economy during the debt ceiling crisis. The market has been down sharply the past few days and just slipped under the 12,000 mark. In a lot of ways, I feel like our economy – I experienced … Read more
I recently came across the above chart from Clusterstock’s Chart of the Day. It shows the education “market†versus the rest of the market, during a period where we went through the worst financial crisis since the Great Depression. The question proposed by this chart is same one that was asked about real estate many … Read more
Net Change: +$5,485.64 Net Cashflow: +$2,571.20 Investment Performance: +$2,914.44 July 2010 S&P Performance: +6.9% Food Spend Monthly Improvement: $ (52.36) Dining Out: $ (308.03) Groceries: $ (217.55) What a difference one month makes. Now the market is my best friend. ;) My Net Worth Goal (+$25K this year) would be easy to reach if I … Read more
The Department of Labor reported that, for the month of April, unemployment among those under 25 years of age is 19.6%. This is the highest it’s been since 1948. With these statistics, and the fact that I just crossed this age interval a few months ago, maybe I should consider myself lucky to be employed … Read more
The web is filled with so many job sites that it’s now difficult to navigate through all of them. The issue becomes more pressing during a bad economy: those looking for jobs need to make better efficacy of their time and are much more desperate for employment. Having gone through this exact situation before, looking … Read more
44% of the currently unemployed have been out of work for 6 months or more. Source: CNNMoney.com It’s been almost a year since I was unemployed and collecting checks from the government. The market was near its trough, my health was failing, and my insurance was running out, but based on these numbers, it seems … Read more