http://pfinvesting.com common sense in personal finance and investing Wed, 01 Jul 2009 01:41:38 +0000 http://backend.userland.com/rss092 en In view of the soaring gas price (with the USA average nearing $4 a gallon) and its impact on the Memorial day travel, it is interesting that people are facing much harder times in Europe, where the fuel price in many countries has already exceeded $8 a gallon! A major reason ... http://pfinvesting.com/2008/05/29/gas-price-worldwide/ Warren Buffett said in an interview with Germany's Der Spiegel, published last Saturday, that the US is "already in recession", even though "perhaps not in the sense that economists would define it", and "it will be deeper and last longer than many think". How does an economist define a recession? This ... http://pfinvesting.com/2008/05/26/buffett-recession/ I don't know about the smartest, but at less than 180 pages this is certainly the smallest investing book I have ever read. The bargain price of $4.97 was worth it though. (The size falls below the minimum 200-page limit I follow when paying $5 for any book on investing, ... http://pfinvesting.com/2008/05/19/smartest-investment-book-review/ I always enjoy reading a well-written book on investing, and not because I am learning something new each time. In fact, after you are done with a half-dozen or so really good books, you pretty much know all there is to know about investing, and rest is mere detail. Rather, what ... http://pfinvesting.com/2008/05/12/investing-books/ In the recent annual meeting of the Berkshire Hathaway shareholders held last Saturday, CEO Warren Buffett was asked about the best investment idea he would recommend to an investor in his 30's. In his own words: I would just have it all in a very low-cost index fund from a reputable ... http://pfinvesting.com/2008/05/08/buffet-best-investment-idea/ (This post belongs to the series About blogging.) Securing a WordPress-powered blog is one of the most pressing concerns of newbie and pro bloggers alike (several horror stories are doing rounds here). I have done my own research on this topic, and here put together a list of some of the ... http://pfinvesting.com/2008/05/05/secure-wordpress/ Based on the color of your car, you may be revealing more about yourself than you realize. This is what I just read in this somewhat old news. Unfortunately the story does not link to the original source of the scientific study, so there is an extra job for you ... http://pfinvesting.com/2008/04/28/your-car-color/ I just came across this Savings Bond Advisory: Given that the current fixed base rate is 1.20%, it would much better to invest in I bonds this month rather than waiting until May 1 or later. I bonds you purchase today will earn a composite rate of 4.28% for six months, ... http://pfinvesting.com/2008/04/23/buy-i-bonds-before-april-30/ In Part I, I discussed the two main and opposing theories of investing - efficient market theory (EMT) and fundamental analysis (FA). Here I talk about which one of these two can be thought as "correct". EMT or FA - which one is "correct"? Interestingly, even though Buffett began his session with ... http://pfinvesting.com/2008/04/23/efficient-market-theory-fundamental-analysis-2/ (This post is a part of the series Basics of Finance and Investing.) It did not surprise anyone when Warren Buffett, while recently hosting a group of business students from the University of Pennsylvania’s Wharton School (his alma mater) for a two-hour question-answer session, began by pointing out the folly of ... http://pfinvesting.com/2008/04/18/efficient-market-theory-fundamental-analysis/