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The DQYDJ Weekender, 7/7/2012

Posted By PK    Last updated July 7th, 2012 5 Comments

On Politics…

So we’ve got a nifty new political status indicator to roll out to you next week.  It’s actually a bit early to know anything with any decent amounts of certainty about the upcoming elections in the old USA, but I want to have this in place soon.  Oh, expect more political articles when the race heats up.  Make sure to complain loudly in the comments section!

Here’s an example of our political writing from last cycle (2010)…  a live blog of the midterms.  Enjoy!(?)

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Links We Liked!

  • Nelson at Financial Uproar re-runs the numbers and finds that our stock picks are, of course, better than his!  He also suggests we become hobos.  I’ll think about it!
  • I wasn’t the only one writing about gold this week… Financial God goes a step further than me and discusses gold as a store of value.  A great read!
  • Len Penzo shares with the world his issues with the marketing of 5 Gum… and I agree!
  • The Duo at Control Your Cash will buy their Iron Maiden tickets much closer to the Iron Maiden concert date (gasp?).  Are they nuts?
  • Burbed shares a useful checklist about how to tell if the house you’re buying is a meth lab!  (According to this list, ours was… haha).
  • At I Am One Percent, a post about there the 1% Family doesn’t worry about costs. Folks, if you are optimizing every spending decision, you’re taking time away from getting ahead at work!
  • At My Family Finances, a discussion about the average amount spent on various categories in family budgets.  How quaint compared to my California spending… we haven’t spent that little on housing for a long time.
  • Political Calculations shares a hilarious (yet real) invention.  Maybe someone should do a giveaway on their site – only after testing it, of course!

Podcasting!

As always, catch more of our annoying humor and math at the Two Guys & Your Money Podcast!


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  • http://www.financialgod.com/ FG

    Thanks for the include :) P.S. What ad network is that that pops up those videos and with the hockey game? I’m starting to see those more and more often…

    • http://www.dqydj.net/ PK

      I’m guessing it’s Lijit, although I do allow AdSense to place video ads (I just don’t know if they are actually doing that!).

      Thanks for writing a good article!

  • greg

    “if you are optimizing every spending decision, you’re taking time away from getting ahead at work!”

    Thanks to a high savings rate, I’m jumping out roughly 30 years before everybody else … but I guess to people who want to spend in order to work more, that is good advice ;-)

    • http://www.dqydj.net/ PK

      Haha, okay, you’ve got me with that one. Let me attach some caveats to it:

      Depending on what you’re making and your salary ceiling (which is unknowable, eh?), it may not be worth it to optimize every decision. Let’s say that if you put in some work you can make $200,000 and you make $100,000 now – with those made up numbers you’re better off investing time in work than in saving. That’s how Mr. I Am 1% pulled off his current situation – but working hard before his kids were born and moving up the Pharmaceutical ladder.

      I guess it’s best to say there are two sides to the equation (by definition!). If you’re already making $200,000 and spending $195,000 of it between taxes and lifestyle? Yeah – cut back, haha.

      There are diminishing returns in either strategy – maybe I should expand on this further, haha? Thanks for the comment!

  • Pingback: Can I Trick You Into Giving Me Ideas for Content and Top Family Finance Posts #8 | My Family Finances

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