Archive for October 10th, 2005

financial blog?

Monday, October 10th, 2005

I’m considering starting one. I’ve been doing better with my money lately but I don’t want it to stop and it’s making me look forward to some of my mid-range goals. There are different levels of blogs for this sort of stuff.

I kind of like Nev’s blog. He’s funny, cheap, and I dunno. He’s got a RSS feed. For one thing he hired bums to sell water, just to try and learn first hand some of the difficulties in supply, distribution, advertising, etc:

http://nevblog.com/

This one has an interesting link to another post about the costs of buying a new car. But this is basically just a farm of links. No original content:

http://www.fivecentnickel.com/

This guy is big into investing and in aggressive things. He also seems to like data manipulation. And he publishes his track record in investing. 44% over 5 years. He will let you look at his stock portolio in real-time for a one-time $50 donation. I don’t know so much about that part.

http://www.thekirkreport.com/

This person publishes their monthly budget and generate their own content. And it seems like they’ve got an advertised RSS feed.

http://www.mymoneyblog.com/

This New Yorker is super compulsive about tracking her budget so we could see eye to eye. But she seems a bit out of touch. She lives in NY but is constantly wailing about the cost of housing. There’s a solution. MOVE!

http://myopenwallet.blogspot.com/

Some good tips to be found here. But also some things that are too extreme. Everyone is ravenous about taking lunch to the office. I know it saves a fair amount of cash and if you’re on a really tight budget I think it will make a difference. However, if work in a big company and your budget isn’t tight, then lunch is a chance to network. You can get stuff out of people when they’re happy and munching on food. You can find out what’s happening in groups close to yours. It’s especially useful if you choose to lunch with the smartest people in your department. Typically I work in a small group. That means that there is normally me and another smart person working together on stuff. Sometimes we’re actually battling against each other on top of that. But when I lunch with smart people in other groups there’s no competition. We have chances to back off and examine each other’s projects more objectively. We also get a better idea of what is going on over the entire company and spot trends. Overall I think the cost of lunch, at least occasionally, can be paid back if you’re trying to be a fast-tracker.

http://www.freemoneyfinance.com/