One issue that has always interested me is how one can maximize the retention of visitors from social bookmarking sites like Digg. These visitors are only coming to your site to read a particular article; typically, they don’t stay around to read other things. A similar notion is true about visitors from search engines (though their tendency to stay is somewhat higher). What do these situations have in common? Obviously, these readers found your site through methods that didn’t involve …

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This is an issue that I continue to hear contradicting perspectives on. Is an auto loan considered to be “good debt” or “bad debt”? Let’s look at the viewpoints. An auto loan is a “bad debt” because Automobiles depreciate quickly When you borrow money against an asset that depreciates rapidly, you’re simply purging money. Automobile loans are fairly high interest loans As a form of consumer loan, most auto loans have a fairly high (6% and higher) rate of interest. …

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I’m on the verge of taking the plunge and switching to ING’s Electric Orange checking account, but one thing has kept me from switching over: the hassle of moving all of my deposits and transfers to a new bank. Given that, I’ve prepared a plan for moving to a new checking account that should pave the way to making the transition substantially easier than it was the last time I attempted this feat. Here’s what I plan to do. 1. …

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This week, The Simple Dollar is investigating how you can take a small amount each day for the year 2007 and end up with a solid amount of money at the end of the year. These calculations take advantage of offers and promotions available in December 2006 and also use interest rates from that time to calculate returns. While the plan still works, the exact dollar amount returned will differ. Many people are unfamiliar with the face of Thomas Jefferson, …

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Rule #1: The Four Ms

December 26 2006

During this final week in 2006, The Simple Dollar is reviewing one of the top investment book of the year (based on Amazon.com sales). What does Phil Town’s Rule #1 really all about, and does it bring anything useful to the plate that we didn’t already know? This week, we aim to find out. The central philosophy of Rule #1 revolves around identifying companies that are poised for growth using various metrics. At the center of these metrics is a …

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After discussing the dangers of leaving your audience hanging, it became clear that a concise description of why a posting schedule is useful and how it should work is needed. Although many professional bloggers offer up the bromide of how important a posting schedule is, it is rare to find a description of the actual process of determining a posting schedule, making it clear to your readers, and sticking to it. First of all, your posting schedule does not have …

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As I was surfing through Yahoo! Finance last night, I spotted an article on the front page that disappointed me greatly. Right on the front page was a link to an article with the headline Powerball Jackpot Climbs To $75 Million!, including the exclamation point. For those unaware, Powerball is a multi-state lottery in the United States in which players purchase a ticket that has a series of five numbers on it, plus a sixth “Powerball” number. Twice a week, …

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Once you begin investing, you’ll find yourself receiving a wide array of financial documents. One of the most useful – and the most intimidating for new investors – is the mutual fund prospectus. This document is often written in a very dense fashion that convinces casual readers that they should be reading something else, but just a few minutes of time with a prospectus can provide you with adequate information for quickly determining if your fund is providing a good …

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This week, The Simple Dollar is investigating how you can take a small amount each day for the year 2007 and end up with a solid amount of money at the end of the year. These calculations take advantage of offers and promotions available in December 2006 and also use interest rates from that time to calculate returns. While the plan still works, the exact dollar amount returned will differ. Good old George Washington. His eyes peer out at us …

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Rule #1: Overview

December 25 2006

During this final week in 2006, The Simple Dollar is reviewing one of the top investment book of the year (based on Amazon.com sales). What does Phil Town’s Rule #1 really all about, and does it bring anything useful to the plate that we didn’t already know? This week, we aim to find out. I largely elected to read Rule #1 because of the professed simplicity. I’ve read a lot of investment books over the last year or two, but …

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