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My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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A Week's Worth At PFBlog Network #10



If measured in weeks, PFBlog Network is a teen now! In week 10, 62 articles were published, bringing total number of articles in the network to 1,344 (including 759 from my original blog).

With that many new posts surfacing every week, it is not easy to compile this weekly summary. I'm not complaining ... it is actually a fun job to read each piece and summarize the best of the week. Every week, I'm amazed by the new information and great ideas I learned from the network. If you don't have time to keep track of new articles every day, at least pick up a few fun readings from our weekly recap. Enjoy!


Bloggers' Personal Stories

• Sadi is on her way to an investment property deal. Congratulations!
Prospect is thinking hard (and creatively) about owning a home. He fully explored the option of partnership in homeownership (part 1, part 2, part 3).
• Jim shared his CarMax experience.
• Nickel continued his money education program for his kids. Now everyone in the household has an ING Direct account.
• How to turn a hobby into income? CC thinks about entering the framing and matting business.


Personal Finance News and Resources

• Reported by Nickel: personal finance blogging really takes off.
• Did Bush's tax reform benefits the rich or the poor? A simple analysis from our financial-planner-turned-blogger JLP.
• Share the notes from University of Maryland on a visit to Warren Buffett, the Oracle of Omaha. (Two other reports from Tuck Investment Club and University of Chicago Graduate School of Business.)
• Sadi explored the links between ING and slavery.
Two paper trading resources received recommendation from Nathan.
• BA took a look at top-performing funds.


Personal Finance Tips

• For people living off the South, don't forget to check your your credit reports ... it is free now!
• Time saver when you access password-protected sites: BugMeNot.
• How to teach your kids about money? Flexo discussed a namesake WSJ article.
A 3-year CD that yields 5%. Deal or not, you decide!
• CC provided an example of calculating home equity.
• Mrs. Money is a lover of frequent flyer miles from credit card purchases.
• MM's advice: don't worry about credit score hit when applying for a (better) credit card.


Jim Cramer's Corner

Jim Cramer is a phenomena now. Read our bloggers' coverage:

• After a short break, the daily Jim Cramer's Mad Money recap continues at Reasoned Investing. Enjoy: 5/31, 6/1, 6/2, 6/3.
• Jim (another Jim!) at Blueprint for Financial Prosperity finished his documentation of Jim Cramer's 25 Rules of Investing. Take a look: 1-5, 6-10, 11-15, 16-20, 21-25.

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