Let’s start this week with Roger Wohlner’s post at The Chicago Financial Planner, Understanding Your Bond Fund’s Duration. Bonds feel safer than stocks, or at least that’s the impression I get listening to how people reference bonds. The issue? Bond prices fluctuate, and drop as rates rise. Duration is the explanation of how this happens, a nice primer on the subject.
Joan Otto doesn’t mince her words when she posts at Man VS Debt. This week she told her readers How to Sell Your Crap Using Facebook. I read this with interest as there’s a category of stuff that’s not easy to sell on eBay as the cost of shipping is crazy compared to the value of the item. A nice refurbished desk, anyone? Joan explain how to use Facebook to sell your stuff locally. You won’t get rich doing this, but some pocket money is better than a full trash barrel.
The Investor Junkie asked (and answered) Is Lending Club or Prosper a Risky Investment? With rates so low, and P2P (peer to peer) lending being a higher yield alternative, it’s an interesting thing to consider. I’ve not used P2P myself, but the more I read on the net returns, even after defaults, the more I’ll research and decide if I’d like to get my feet wet in this new (to me) area.