Personal Finance 

Fourth of July Roundup

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4th of July in Disney WorldI hope you and yours have a fun and relaxing 4th of July weekend. For those outside the United States, I hope you have a fun and relaxing 4th of July weekend that has absolutely no historical significance to you (unless you’re in England, in which case sorry about that). 🙂

If you have a hankering for some interesting news to read, here are a few good ones.

  • There are a lot of online scams out there and many are easy to see, like the King of Nigeria (or sometimes it’s the prince) wanting to give you a million bucks if you’ll help him move $50,000 to his cousin in Georgia. Well, sometimes the longer cons are a little harder to see and the Red Tape Chronicles details a “money mule” scheme that one recent job seeker fell victim to. This is a pretty long con and I’m not surprised people fall for it, it’s cleverly disguised.
  • There’s a retirement rule of thumb where you can assume a 4% withdrawal rate on your nest egg and have it last your lifetime, here is the origin of the 4% rule. It’s from a study out of Trinity University and that’s not all they said.
  • Don’t buy any hand tools new at the store, it’s one of those things where used is just as good as new and you can save a boatload of money that way. Here are the best places to buy used tools.
  • When I’ve had a little too much to drink, I usually fall asleep harmless in my bed. PVM Oil Futures trader Steve Perks bought 7m barrels of crude oil. Yeah… there should be checks that prevent that sort of thing.
  • According to the Census Bureau’s annual survey on income, the median household income fell from $52,748 in 1999 (adjusted for inflation to 2008) to $50,303 in 2008.

And if you have 20 minutes and a desire to experience a brain implosion (it’s funny too), watch this video (no seriously watch it, it’s really entertaining and fun):

We’ll be taking tomorrow off in observance of Independence Day, we’ll be back with more awesomeness on Tuesday!

(Photo: iluvcocacola)

{ 6 comments, please add your thoughts now! }

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6 Responses to “Fourth of July Roundup”

  1. Michael says:

    Actually July 4th is significant for other things besides the start of the US and the exit from the British commonwealth….

    Christian Feast Days
    – Andrew of Crete
    – Bertha of Artois
    – Elizabeth of Portugal, patron saint of Coimbra (city holiday), known there as Rainha Santa Isabela.
    – Oda of Canterbury
    – Ulrich of Augsburg

    OK Christianity is great for those who follow, but US Independence day is a civic event

    – Rwanda (marking the end of genocide in 1990)

    OK, OK, but US independence day is about the country’s independence from a foreign power…..

    – Philippine Declaration of Independence July 4th 1946 from the United States.

    Oops, well this day is officially Filipino-American Friendship Day

    Have a great July 4th…..

  2. Ary says:

    I’m glad to see that there are many people relaxing on the 4th of July. Still it would had been better if all the world could chill out for a day.

  3. eric says:

    Went to so many BBQs I lost count….

  4. cdiver says:

    Used tools have more charachter.

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