Beyond Innovation

Amateur Traders Beware

In US, Amateur Traders are the biggest idiots next to the Tax Payers and Congress which approved the stimulus. Don't get caught up in frauds, conceits, and wild guesses, these market speculators keep throwing out to you to all their mediums - newspapers, Business Channels. Remember these will end up in devastating results. Never abandon good sense and good behavior to "follow the crowd" mentality. Amateur Traders Beware - Stay away from market and all these chattering classes.

Business Channels rubbishness

The so called Academic Economists and informed journalists in the business channels continue to pour the rubbish'ness in fooling the mass forgetting that they are one of the culprit partners in this financial tsunami. 70%  of the US economy is run by Consumers. Now consumers are buried in job losses, credit card debts, auto loans and home loans and other miscellaneous loans scams they are caught with. only 5-6%  of inflation over a period of time can save US consumers out of debt and get the economy running back. So Stop listening to those rubbish business channels and the're keynesian economic prescription.

Chase heard me atlast

After getting tipped from consumerist, I emailed Chase Executive corporate office to slash my credit card interest rate and reverse some of the finance charge from last November. Got a call from Chase corporate office yesterday that they did lowered my interest rate and refunded the finance charge.
Good that Chase hears its customers.

Most Popular personal financial goals

Wesabe - a community-based personal financial site which allows users to track their bank accounts (privately) while sharing money tips and goals (publicly). Check out what's most popular financial goals listed by its members. 

This provides an interesting dimension how we in US are addicted to this credit card fever. In fact this site provides good ideas to tackle personal finance issues.