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Kevin Trudeau's Secret "They" (Actually "He") Don't Want You to Know
Posted on : 2007-01-06
Via the Spending Smart Blog, "author" Kevin Trudeau, whose "Debt Cures 'They' Don't Want You to Know About" is sitting at #275 on Amazon's sales list, has been fined by the Federal Trade Commission for a bunch of false statements in his previous book The Weight Loss Cure "They" Don't Want You to Know About. (Who do you suppose "they" are that have some vested interest in you no...
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Brain Teaser: Do Credit Card Minimum Payments Actually Cause People to Pay Less Each Month?
Posted on : 2007-01-06
© Gaetan Lee
I love stuff like this. From ScienceDaily:
New research by the University of Warwick reveals that many credit card customers become fixated on the level of minimum payments given on credit card bills. The mere presence of a minimum payment is enough to reduce the actual amount many people choose to pay on their bills, leading to further interest payments.
The article goes on to talk ...
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Bought 350 AIG at $2.01
Posted on : 2007-01-06
I know it's crazy. But the federal government just gave these dopes even more money to keep the company afloat, which to me says that AIG is going to survive, and my modest investment of $700 could easily net me a few thousand bucks down the road. Sure I could lose it all, but with the market the way it is right now, I really didn't see throwing $700 at AIG stock as a worse investment tha...
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Most Efficient & Effective Worker Bees
Posted on : 2007-01-06
Photo courtesy of iStockphoto, Image# 6417554
Selena Maranjian at Motley Fool had an interesting article a couple weeks back that I've been meaning to point out. It's a comparison of profit per employee at large companies.
Topping the list was ConocoPhillips at over $500,000 profit per employee. That seems like a ton, but according to her article, the whole oil industry averages over $300...
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Prosper.com: No New Loans
Posted on : 2007-01-06
Well, it looks like my long ago prediction may be coming true. Here's what I said in June of 2006:
There's been a lot of hype about a newish Web site called Prosper.com that facilitates peer-to-peer lending. In short, you can go to the site and either try to secure a loan from other people that visit the site, or you can go to the site and be a lender, loaning out your money to others who ...
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