≡ Menu

A Credit Card Fail Roundup

Let’s start this week with Barry Ritholtz’ Big Picture. In A Graphic Presentation, he offered a few amazing charts, the one that got my attention showed the annual change in earnings over the past decades. We are at a point where the current job recovery is wage-less, or at least growth-less.

At Savings Advice.com, Why You’re Likely To Be In A Higher Tax Bracket When You Retire. I humbly disagree. I like her writing. I like that she warns about the phantom rates retirees will see as a result of their social security benefits becoming taxable. I just don’t see a savings level high enough to support the notion that the average taxpayer is actually saving their way to a higher bracket. This prediction isn’t unique, in fact, it seems pretty widespread. Time to start gathering up the data and write an article of my own to support my position, that this will be the exception and not the rule.

Time is not money, and the Mighty Bargain Hunter shares his reasons why.  Along with a story of how a man with precious few months left seems to wasting that time.

Monevator explains The cyclically-adjusted P/E ratio (PE10 or Shiller PE). This ratio has such a successful predictive value of future market returns that many believe that PE10 makes a strong case for not buying and holding.

At My Retirement Blog Andy discussed Early Retirement and Social Security. I know, for most of you retirement is decades away, but for those starting to count the years to retirement, understanding social security is a must to have on your to-do list.

Len Penzo offers up another 100 word post, this time it’s 100 Words On: The Dumbest Place Where People Use Credit Cards. Len, I have to admit, when I saw the title, I thought “hookers,” and even though Len might agree that one shouldn’t pay for their prostitutes on credit, his article was a bit more mainstream. You might even have done it yourself.

Let’s wrap us this week’s reading with One Frugal Girl’s One Penny at a Time. She’s been selling on eBay for a time and wrote a bit about how much she’s accumulated.

I hope your Cinco de Mayo was all you hoped for.

{ 3 comments… add one }
  • Andy Hough May 6, 2012, 3:12 pm

    Thanks for including my post.

  • Alex B June 1, 2012, 2:11 pm

    Hi Joe, The last two links don’t work without edits. Might want to clean that up.

  • JOE June 1, 2012, 2:34 pm

    Wow. thanks! Fixed now. Thanks for the heads up and for visiting.

Leave a Comment