I’m so happy today; I finally have a mortgage =) And I didn’t even need to go through all the trouble of applying for it, and everything else. With the government’s takeover of Fannie Mae and Freedie Mac, everyone now owns a small piece of all the mortgages owned by these two companies. But the …
Category Archives: Finance
Political parties
I am a registered Democrat, but lately I’ve been unhappy with the policies and decisions made by the party. I think the seeds were planted during the primaries with the conduct of the Clintons. It seemed as if they were 100% confident that they would get the nomination that they didn’t need to bother with …
Tax Refund, Part 2
So, I finally got my NY State tax refund this morning. For some reason it took New York state almost two months to give me my money back. The federal government gave me my money much faster; it only took them a week or so.
CFA Program Curriculum, Level I 2008
If anyone is interested, I am selling the CFA Level 1 Curriculum on Half.com. If you’re interested, please follow the link for more information.
Tax Refund
Well, I e-filled my taxes about a week ago now, and today I got my federal tax refund directly deposited into my bank account. I love when the government moves fast in giving me money. I just hope my free $600 gets to my bank account this quickly.
Free Money
As a part of my pay package at work, I get to participate in a pension and retirement plan. This is basically free retirement money for us, since the company is contributing to it, and we don’t need to do anything. The money gets put into Vanguard Funds, a max of four funds. I’ve made …
The Risk-Free Rate
The risk free rate is one of the most basic concepts that you need to know. This rate is the theoretical return of an investment with no risk. In theory, it is easy to define, but in practice it becomes slightly harder. Since all companies have default risk associated with them, we can’t use any …
M1-5 Lounge
Heads up to everyone; I went to M1-5 Lounge last Friday. While there, I used my credit card a couple of times, and apparently someone managed to copy down the numbers. When I checked my account online today, I noticed several charges that I hadn’t authorized; I called Citibank and canceled the account. Thankfully, there …
Finance 101
Over the next few days and weeks I’m going to write several finance based posts. These posts will cover fundamental topics in investing; things you should know before you go and invest in a company. I’ll cover basic topics like the Risk-Free Rate to the Weight Average Cost of Capital. These posts should give you …