Saturday, July 18, 2009

Posts of the Week

Here are a few articles from around the web I suggest reading.

Dangerous Personal Finance Magazine Headlines: The Attraction of High Yields. Jonathan points out some recent examples from magazines featuring enticing headlines on the cover. This is done to inspire sales of magazines. The investing advice found within is dubious, and important facts are often not included. That wouldn’t make a good headline. It’s not just magazines; a good headline promising something hardly attainable draws people in whether it’s a television news lead-in, a legitimate newspaper, or yes, even a blog.

Why Entrepreneurs Fail. Erica Douglass has three reasons why most entrepreneurs fail. First, I think it is great to recognize that most people who try to run their own business fail. Even those who succeed likely failed first. The three reasons included in this article are a subset of the hundreds of problems that plague small and start-up businesses. But for me, I can relate to all three “traps.”

Average Credit Scores Down From 2007, but Leveling Off. My girlfriend purchased a new car this weekend. Yes, a new car, not a new-to-her car, for a number of valid reasons, just like when I bought my new car a few years ago. She chose an economical car that rates well, drives fun, and gets decent gas-mileage. Although she might not be happy with me sharing the details, she made a down payment of over 60% of the purchase price and took out a loan for the rest. Here’s the point: for the first time, she shared with me her credit score. You know how the highest score is 850? Well, she’s not far from that number. She wins!

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Posts of the Week



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