09.27.10: TODAY IS...
- Family Day -- eat dinner with your children. But you know what would really bring the family together? If you let 'em do the dishes, too. Now THAT'S Family Day.
- National Shut Up and Let Somebody Else Talk Day. My boss promises to hear EVERYTHING that's on my mind...between 9:10 and 9:12 this morning.
PHONEBUZZ
Light 'em up!
If you're getting divorce insurance, how serious can you be about the marriage?
Pre-nups are so yesterday -- today it's DIVORCE INSURANCE! Yes, a payout if you can't make the marriage work.
WedLock was thought up by a North Carolina man burned financially by a split from his wife. $16/month gets you $1250 of coverage. You must be together at least four years, though, if you want to cash in on the policy.
So how do people feel about insurance on a relationship?
Relationship expert Julie Nise says it's "completely contrary to everything a marriage should be." It shows a complete lack of commitment and maturity.
But Ted Edwards, an attorney, says it's only prudent to hedge your bets. "It's set up for someone who is going to be in long term relationship," and not a couple planning on having it go the wrong way."
Who's right?
Wait... he's LOADED? Ever know someone that was secretly RICH?
To the folks in Pleasant Hill, MO, Nelson Gipson was an ordinary fella who walked around town in a tattered old flannel shirt and jeans. He spent his days working for the Social Security Administration, and spent Sunday's playing organ in his church.
He died of cancer in May of 2009. He was 82... and he was LOADED! He didn't reveal the news until the day before he died, and the town was in shock. He told a lawyer where he wanted his money to go:
He died of cancer in May of 2009. He was 82... and he was LOADED! He didn't reveal the news until the day before he died, and the town was in shock. He told a lawyer where he wanted his money to go:
-$350-thousand to his church
-$120-thousand to the town's historical society
-$800-thousand to the University of Kansas
The town was shocked. Gipson graduated from KU with a degree in business, and obviously knew how to invest in the stock market. He died with no wife or kids.
Anyone know a Nelson Gipson?
FACEBUZZ
Post this to Facebook/Twitter
5 Money lessons that Wall Street sequel taught me over the weekend. (insert your blog address)
Post this to your blog
5 Personal Finance Lessons From Wall Street: Money Never Sleeps
There are lessons we can learn from Mr. "Greed Is Good" Gordon Gekko. Of course, how far he stretched those lessons landed him 23-years in prison... just a warning. From GoBankingRates.com, here are the 5:
5. Have A Plan
Quote: "When you don't know what you're doing, it's fatal, Mr. Moore." ("Bretton James" - James Brolin)
If you apply the basic idea to personal finance, it's actually very sage advice. You should always know what you're doing with your money, and in turn, know what you're actually investing in.
4. Manage Calculated Risks
Quote: "If it weren't for people who took risks, where would we be in this world?" ("Jacob Moore" - Shia Lebeouf)
In order to achieve an attractive return, you have to accept a certain level of risk. There's a reason most people can't retire on savings account interest alone. How much risk you're willing to tolerate, however, is entirely up to you.
3. Greed is Legal, Maybe Not So Good
Quote: Someone reminded me I once said greed is good. Now, it seems it's legal. ("Gekko" - Michael Douglas)
But while it is legal, the things that it drives people to do may not be. For example, running a ponzi scheme like Bernie Madoff did, or committing financial fraud like what the SEC accused Goldman Sachs of doing.
2. Time Is Money
Quote: "If there's one thing I learned in prison, it's that money is not the prime commodity in our lives...time is." (Gekko)
Whether it's you or your money, every idle second is money and opportunity lost.
1. Money Never Sleeps
Quote: "Money never sleeps pal. I just made $800,000 in Hong Kong gold. It's been wired to you--play with it. You done good, but you gotta keep doing good. I showed you how the game works, now school's out." (Gekko)
The quote is especially true if you're sophisticated enough to invest in foreign markets, because people are actually awake over there when you're usually sleeping.
CELEBRITY TWEETS
- Lindsay Lohan walked out of jail at 11:40 P.M. Friday after posting $300-thousand bail. She was let loose after a second judge determined she had been convicted of misdemeanors and was entitled to bail. The ankle monitor is back and she must stay away from establishments that primarily sell alcohol. She's due back in court Oct. 22 and will find out the punishment for failing a drug test. source
- Meanwhile, People.com reports that Lindsay will "up her treatment" and voluntarily check herself back into rehab this week. source
- David Beckham can't let this one go -- he's suing In Touch magazine for claiming he cheated with a couple of call girls in 2007. The suit, filed Friday, accuses the magazine of intentional infliction of emotional distress, libel and slander. source
- Congrats to "American Idol" runnerup Crystal Bowersox who is engaged to musician Brian Walker. She told People magazine they intend to tie the knot next month. This will be the first marriage for the 25-year old who has a year-and-a-half old son named Tony. source
- Nadya Suleman, the Octomom who's reportedly broke, had a yard sale yesterday at her home in La Habra, California. 150 showed up along with TV news vans. Police closed off streets less than an hour after the sale because of the crowd. She called the day a "matter of survival." more
- "There are a lot of characters, it's funny for 10 minutes and then you just want it to be over." That's New York Gov. David Patterson getting revenge on Saturday Night Live's Fred Armisen who mocks the Governor on the show. Watch it here
- Married: Emily Deschanel, 33-year old star of "Bones" on Fox, married actor/writer David Hornsby in Los Angeles over the weekend. source
- Box Office: Michael Douglas was tops at the box office this weekend! "Wall Street: Money Never Sleeps" raked in $19-million beating out "Legend of the Guardians: The Owls of Ga'Hoole" by 3 million. Look for Renee Zellweger's "Case 39" to open on Friday.
CUTTIN' CAKE TODAY
- Meat Loaf (63)
- Avril Lavigne (26)
- Shaun Cassidy (52)
BIRTHDAY QUIZ
Our birthday boy is only 76 today... I say only 76 because it seems like he's been 76 for the last 20 years...
AUDIO
ANSWER
Wilform Brimley!
PRIMETIME, BABY!
ABC: Dancing With the Stars (LIVE 2-hrs), Castle (NEW)
CBS: How I Met Your Mama (NEW), Rules of Engagement (NEW), Two and a Half Men (NEW), Mike and Molly (NEW), Hawaii Five-O (NEW)
NBC: Chuck (NEW), The Event (NEW), Chase (NEW)
FOX: House (NEW), Lone Star (NEW)
CW: 90210 (NEW), Gossip Girl (NEW)
FUN STUFF
GOTTA SEE THIS
This is straight out of a horror movie --- but it's happening in your fridge RIGHT NOW! BOO!
Just doin' their job. Watch these amazing pilots land with the jet's right wheel jammed in the up position. Nobody was hurt Saturday night at JFK, but here's what it would be like to be aboard a flight in trouble... HEADS DOWN, STAY DOWN, HEADS DOWN, STAY DOWN...
DID YOU KNOW
"A majority of motorists say that they feel less safe on the roads than they did five years ago, largely because of distracted drivers who are talking on cell phones or texting, according to a new survey by the AAA Foundation for Traffic Safety."
WHO SAID IT?
"I was in dirty diapers when she did Dirty Dancing."
– Jennifer Grey's Dancing with the Stars partner Derek Hough, to PEOPLE
JOKE OF THE DAY
A young girl was so nervous about the cruise that immediately after being shown to her cabin, she headed for the bar.
Four hours later she bumped into a steward. “ ‘Scuse me.’ She said hiccuping, “I, I can’t seem to find my cabin.”
“I’ll be glad to help you, ma’am. What’s the number?”
“I dunno,” she answered, “but if you show me aroun’, I’ll recognize it from the lighthouse just outside the porthole.”
Clipped from: www.0boxer.com (share this clip)
SURF THIS!
Here's a fun little program that's in beta, meaning it still smells brand news (so there might be some bugs to work out). 0Boxer.com is a Chrome and Safari Extension (with more browsers coming soon) that makes it fun to organize your email. You get points for clearing your email box. There's even a leaderboard - so you're actually in competition with other people to keep your email box clean. If you're completely disorganized, making it a game may help.
DOGGIE BAG
- A new study shows 9 out of 10 teens between 16 and 19 send a text or do some other risky behavior while driving, and 84% know what are doing is dangerous... how dare they! How dare they become just like their parents so soon! go!
- Headlineof the weekend
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