Housing Has Higher Long-Term Returns Than Stocks?

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I finally got around to reading an academic paper that looked a bit dry but had a great title: The Rate of Return on Everything, 1870–2015 [pdf] by Jorda, Knoll, Kuvshinov, Schularick, and Taylor. I wonder which of the authors came up with … [Read the rest]

California Residents: Southwest Credit Card Companion Pass Shortcut Offer

If you are a California resident, check out this special offer on the Southwest Rapid Rewards® Credit Card that provides a shortcut to the SWA Companion Pass: Plus Consumer (CA Only), $69 annual fee, 40,000 point bonus Premier Consumer (CA … [Read the rest]

TD Ameritrade Commission-Free ETF List – Changes Effective November 2017

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Updated. As of October 2017, TD Ameritrade notified their clients of the following changes to their commission-free ETF trading program. Here are the highlights from the e-mail: Here is the old ETF list [pdf]. Through 11/20/17, they trade … [Read the rest]

Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® Review: 60,000 Miles Limited-Time Offer

Citi Platinum Select AAdvantage Visa Signature Card

The Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®, from our partner Citi, is running a limited-time offer on their co-branded American Airlines credit cards. Here are the updated card highlights: For a limited time, earn … [Read the rest]

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard® Review – 60,000 Miles Limited-Time Offer

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The CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®, is running a limited-time offer on their co-branded American Airlines credit cards. Here are the details: Designed for businesses For a limited time, earn 60,000 American … [Read the rest]

Social Security Provides Majority of Retirement Income for Most Americans

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The Washington Post has a rather depressing article on The New Reality of Old Age in America, which includes the following chart about Social Security: For 1/3rd of recipients age 65+, Social Security represents 90% or more of all their … [Read the rest]

Gene Hackman and Dustin Hoffman on Mental Accounting

Richard Thaler won the Nobel Prize for Economics this year for his pioneering work in Behavioral Economics. Of course, he promptly said he would spend the prize money "as irrationally as possible". Here's a light-hearted Q&A from the NY Times. … [Read the rest]

CIT Bank Review: Savings 1.35% APY, No-Penalty CD 1.45%, Opening Process

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CIT Bank (not be confused with Citi Bank) has become one of the larger online-only banks with a multi-year history of competitive rates. They don't offer a checking account, so their products are mostly designed to be savings products with high … [Read the rest]

Amazon Prime: Buying Add-On Items Without Minimums w/ Alexa

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On of the main benefits of Amazon Prime is that you can buy things whenever you want with no minimum purchase requirement, shipped to you for free. Mostly. Amazon classifies some of their lower-priced products as "Add-On" items, which must be … [Read the rest]

MoviesAnywhere: 5 Free Digital Movies After Linking Accounts

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MoviesAnywhere is a service that links up movies that you bought online at one retailer and lets you view them on another retailer. For example, you might buy a movie from iTunes and watch it from Amazon Video. This "digital movie locker" service … [Read the rest]

Amazon Cash: Add $25, Get $5 Bonus Credit

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Updated. Amazon is running a new promotion that gives you $5 Amazon bonus credit if you add $25 via Amazon Cash. Amazon ran a similar promo earlier this year that expired, so note that this one is only valid if you haven't used Amazon Cash … [Read the rest]

RealtyShares Update: My First Loan Default and Foreclosure Recovery (Ongoing)

Here's an update on my debt investment at RealtyShares. The borrower stopped paying for unclear reasons, and as a result this is my first investment to go into foreclosure proceedings. I am still hopeful for a full recovery of my principal and … [Read the rest]