Another week passes by, and another tens of thousands of barrels of oil gush out into the Gulf of Mexico, adding to what is possibly the U.S.’ worst environmental disaster. With the failure of one attempt to stop the leak after another, pundits are now starting to look at more drastic (and perhaps insane) alternatives, such as the following:
In other news, this is just freaky.
Here is your weekend reading:
Little House@WiseBread looks at how we can be our own (financial) saboteurs, Jonathan M. Finegold Catalan has posted an introductory primer on Austrian Economics, and Money Crush asks if you hire help around the house.
Fickle Finance takes a look at how slavery didn’t die, it just evolved, Beating Broke featured me in his latest Yakezie Carnival (thanks!), Free from Broke takes a look at value investing and buying when stocks are low, DIY Investor looks at how investors can be overly affected by the news and how allocating assets into bonds can bring opportunity when stock prices fall, and The Passive Income Earner talks about high housing prices in Vancouver and how it can skew your asset portfolio (since the house takes up so much of your total net worth).
The Wise Buck has ten money routines and tips to improve your finances, My Own Advisor agrees with Mark Carney’s recent decision to raise the overnight interest rate, Andrew Hallam talks about beating the market, Early Retirement Extreme looks at freedom and (wage) slavery, and The Amateur Financier shows that although a million dollars isn’t what it used to be, being a millionaire is still a pretty rare feat in this world.
My Financial Objectives looks at being an entrepreneur, Eliminate The Muda! looks at why feedback doesn’t work (really?) and the latest findings on brain science (I find this stuff really interesting), My Retirement Blog featured me in his recent retirement article roundup (thanks!), Frugal Confessions shows off her new library (nice!), and Let A Thousand Nations Bloom looks at choosing your own government service provider, and one potential application of the idea to the Middle East.
Mother Jones shows us the dark side of home owner’s associations (HOAs), such as this one which foreclosed on a soldier’s $300,000 home and sold it for $3,500, over a $800 debt. Singularity Hub reviews Martin Ford’s “The Lights In The Tunnel”, which is about the growing replacement of workers by machines and the impacts of increasing automation. You can download the eBook for free. The Market Ticker looks at arbitrage between paper gold and physical gold, Naked Capitalism looks at the EU and the limits of the austerity hairshirt, and finally, Walter Block defends the miser.
Finally, here is an interesting video about procrastination:
See you all next week.