Credit Card Arbitrage, Investing, Lending Club and More!

2 comments

For a change of pace I’m doing a mid-week roundup of my favorite personal finance articles of the week. I’m deep in spreadsheet mode lately as I have come up with yet another plan to tweak some of our strategies to change things around at home.


I’m reprioritizing some of our 2008 goals and considering decreasing our portfolio contributions even further to fast-track the action plan in my Stay Home or Go Back to Work decision. Stay tuned and I’ll explain it all once I get a grasp on how it might work.

Money Announcements

Great news! The $25 offer from Revolution Money Exchange has been extended to May 15, so if you didn’t get signed up, you have another chance. Also, Upromise is offering a $10 signup reward for the month of April.

Mint

Check out my latest article at Mint: Traditional IRA versus 401k: Choosing The Right Retirement Account For Your Financial Planning Goals. I added the Mint articles that I write directly to the feed, so if you are a subscriber, you should see the Mint articles along with your regular articles.

Credit Card Arbitrage

Lately, I’ve seen people debating the merits of credit card arbitrage. Frugal Dad decided that Credit Card Arbitrage is Not Worth the Risk and Moolanomy asks Credit Card Arbitrage, Is It Worth It?

Clearly we know my views on it since we ran a $223,270 credit card arbitrage last year. It can be a very profitable venture, but takes organization. Although I wouldn’t be a fan of this practice: College Sells Alumni Information to Credit Card Companies.

Lending Club

For once I am rewarded by procrastination. I never got around to funding any loans at Lending Club. It’s just as well since Lending Club is Dead. The email that they sent wasn’t very forthcoming about what is going on… Is Lending Club Bankrupt?

Investing

Woman Refuses to Roll Over 401k Saying She Would Lose Half of Her Money. This story just made me feel awful. Unfortunately, being uneducated in the financial world can cost you so much money.

I was excited to see A Peek Inside Vanguard’s Portfolio Watch. We have a substantial amount of our portfolio at Vanguard and I like Yodlee for aggregating our accounts, so combining the features of both is great!

By the numbers

More articles I enjoyed this week

2 Responses to Credit Card Arbitrage, Investing, Lending Club and More!

  1. Thanks for the link!

    Looking forward to your “stay at home” announcement….

    Mike

    Four Pillars
  2. @ Mike: Ok, maybe not that fast just yet! I was trying to cut the two year plan in half.
    Madison

Have a comment on this article?

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word


Subscribe without commenting


Trackbacks/Pingbacks [link]
  None
Popular Discussions:
Paying Off Debts
Money and relationships
Simple Investing
Investing vs. paying off debts
Spending Green
Getting rid of your car
How to Retire
Starting a career off right
Buying A House
Using a builder’s preferred lender
Creating a Budget
Budgeting for fashionable clothes
Saving Up
Dealing with gas price inflation