Posts for Steadfast Finances


The Case for Getting Two Bachelors Degrees in Two Different Fields

From Steadfast Finances
February 9, 2012 at 7:00 am
The statistics tell me that having an undergraduate degree in economics increases my chances of becoming part of the wealthiest 1%. I always knew that graduating in economics would ... (more)

Saving Money on Car Insurance

From Steadfast Finances
February 8, 2012 at 7:00 am
If there is anything that I have learned over time about running a business, it is too keep your customers happy. If you can keep your customers satisfied, then odds are that they ... (more)

Losing Interest in Buying Gold?

From Steadfast Finances
February 7, 2012 at 7:00 am
If you have been paying attention to the market lately, months ago there was a flood of interest in buying gold. Investors were seeking to diversify their portfolios in something ... (more)

Why Online Marketing is Changing Economy

From Steadfast Finances
February 6, 2012 at 7:00 am
Trends in consumer spending have recently changed. While it used to be that local purchases or spending was a requirement (unless when traveling), the growth of the internet has ... (more)

Yakezie Carnival – The Superbowl Clones Game

From Steadfast Finances
February 5, 2012 at 12:23 pm
Surprise, my favorite football team didn’t make it to the Superbowl, but both the “New York Giants” and the “New England Patriots” did. Luckily for ... (more)

When Frugal isn’t Smart

From Steadfast Finances
February 2, 2012 at 1:00 pm
Are you one of those people that wants to find ways to save money? Does following the latest frugal tips get you excited? I believe in reducing my expenses just like anyone else, ... (more)

The Best Online Credit Tools

From Steadfast Finances
February 2, 2012 at 7:00 am
Your credit report can say a lot about you to a future creditor, landlord or even employer. There are many online tools that allow you to monitor and fix your credit to make sure ... (more)

Why the Recession was a Good Thing

From Steadfast Finances
February 1, 2012 at 7:00 am
What comes to mind for most people, when they think of the recession, is not something pleasant. The recession is often associated with loss of a job, separation from family, significant ... (more)

Why Personal Finances Matter in Politics

From Steadfast Finances
January 30, 2012 at 7:00 am
Have you ever wondered where personal finances come into play in politics? Certainly, everything seems to be connected. You and I pay taxes that contribute towards various government-funded ... (more)

New Jersey Anti-Bully Law Revoked for Lack of Funding

From Steadfast Finances
January 28, 2012 at 10:14 am
New Jersey recently instituted an Anti-Bullying law, forcing schools to be more active in teaching against bullying. The anti-bullying law was put in place to protect students ... (more)

Why Homebuyers Should Be Thankful About Paying Large Closing Costs

From Steadfast Finances
January 27, 2012 at 11:51 am
An under-reported study conducted by the St. Louis Fed reveals a very different narrative with regards to the causes of the recent housing crisis. Researchers studied national ... (more)

Getting a Loan in 2012

From Steadfast Finances
January 2, 2012 at 1:25 pm
The landscape of the lending industry has changed significantly in recent years and the process of getting a loan in 2012 may be a little bit more difficult than in past years. ... (more)

Congressional Insider Trading Activity Finally Goes Mainstream

From Steadfast Finances
November 13, 2011 at 9:22 pm
Someone in mainstream media, and it’s not all that surprising it’s 60 Minutes, finally got around to covering one of Congress’ most astonishing ethical, moral, ... (more)

Fake Prosperity: U.S. National Debt Growth vs. GDP Growth

From Steadfast Finances
August 3, 2011 at 11:56 am
If you’re a member of Gen X and Gen Y, this is probably the scariest chart you will see in 2011, and possibly, right up to the time you’re old and gray. As you can ... (more)

S&P 500 Support Trendline in Question

From Steadfast Finances
August 1, 2011 at 12:36 pm
Predictably, a vast majority of people thought the markets would soar after a verbal agreement had been reached on the debt ceiling fiasco. Err, wrong. The bigger problem, at ... (more)

The Hypocrisy of the Republican Debt Ceiling Debate

From Steadfast Finances
July 17, 2011 at 11:10 am
Being an idealist, I’m easily repulsed from any person/organization that I lose respect for. Case in point, the reason why I said goodbye to the Grand Old Party was because ... (more)

Beware Those Who Say ‘This Market is Cheap’

From Steadfast Finances
July 15, 2011 at 10:59 am
Image Source: Chart of the Day If you’re an avid follower of the financial markets, no doubt you’ve heard a money manager make the claim that “this market is ... (more)

Delaying Foreclosure: 62 Years to Repossess New York Homes at Current Pace

From Steadfast Finances
June 19, 2011 at 10:45 am
  More troubling data on real estate and foreclosures as a whole from the NYT: In New York State, it would take lenders 62 years at their current pace, the longest time frame ... (more)

S&P 500 Earnings Back to Credit Bubble Highs

From Steadfast Finances
June 17, 2011 at 9:31 am
Two years after making the observation that terrible earnings news was the time to buy (see first chart), it looks as if the billions of taxpayer dollars (via future earnings) ... (more)

Case Shiller: Confirmation of the Double-Dip in Home Prices

From Steadfast Finances
May 31, 2011 at 10:07 am
As if we had any real doubt that U.S. real estate was FUBAR, but the March Case Shiller Index numbers did us a favor and confirmed what the smart money already knew. Too bad the ... (more)

Chartporn: Number of Days Foreclosed Homeowners Not Paying Their Mortgage

From Steadfast Finances
May 24, 2011 at 10:30 am
Legendary chartporn of this quality would almost make me ill had I not been so prepared for the smell of Castor Oil. From the article: This chart is really astounding. It shows ... (more)

Median Home Prices and The ‘Double Dip’

From Steadfast Finances
May 20, 2011 at 10:58 am
Image via Chart of the Day A 20 second scan of the headlines for the real estate tab on this blog will show you I’ve been bearish on U.S. real estate since this blog began ... (more)

Lobbyist Dollars: The #1 Problem in Contemporary American Politics

From Steadfast Finances
April 26, 2011 at 10:21 am
If you want a simple explanation of the root cause of America’s political and economic woes, this chart represents it. As Teddy Roosevelt so famously said: There can be ... (more)

Shutting Down My Lending Club Investments

From Steadfast Finances
April 22, 2011 at 1:19 pm
In a decision I consider nearly as bad as the “New Coke” experience, Lending Club has decided to limit the questions an investor can ask potential borrowers. The resulting ... (more)

David Stockman: Lobbyists Distorting Democracy & Free Market Capitalism

From Steadfast Finances
April 21, 2011 at 11:53 am
David Stockman, former Ronald Reagan budget director and one of the early creators of Reaganomics, might be one of the few Republicans still worth listening to. Unfortunately for ... (more)