Parchayi.com – Personal Finance Simplified

Introduction to Investment, Credit and Personal Finance for Us Regular Joes

Archive for January, 2007

Jim Cramer vs. Cosmo Kramer

Posted January 29th, 2007 by Sidd | No Comments

I have read/heard several bad reviews of investing based on Jim Cramer’s recommendations in Mad Money. This reminded me of Seinfeld and following Kramer’s advice – which he had plenty to offer. Anyway, so I was hunting for sites that follow Cramer’s picks and came across this – Cramerwatch.org – Cramer vs. Leonard [...]

Sinvesting TM – Part Uno

Posted January 25th, 2007 by Sidd | 1 Comment

I saw the movie ‘Thank You For Smoking’ and realized that ATF = Alcohol, Tobacco and Firearms companies – the root of all evil – are possibly good investments to consider. Personally, I wouldn’t invest in Tobacco and Firearms companies directly (can’t really do much about the holdings of my funds) but Alcohol [...]

Credit Score Whoring TM

Posted January 23rd, 2007 by Sidd | No Comments

A friend of mine who graduated with me was refused an interview at a DC company because his GPA was less than 3.5 and he used the term ‘GPA whore’ for the company. Thus leads to the birth of my new term – ‘Credit Score Whoring’ TM (CSW) – trying to artificially raise your FICO [...]

Blogging Your Way to Financial Discipline

Posted January 22nd, 2007 by Sidd | 1 Comment

A google search for ‘financial blog’ got me thousands of blogs, a lot of which tell one persons story of how they will reach their financial goals (reaching a target net worth, getting out of debt etc.). Some of these people actually list out all their holdings in all their accounts (e.g. Neville’s Financial Blog, [...]

New Yahoo Personal-Finance Portal

Posted January 19th, 2007 by Sidd | No Comments

Yahoo Inc. launched a new personal finance portal today as a part of Yahoo! Finance. Yahoo has gotten into the bad habit of launching new interfaces as part of old sites that are not completely integrated. The personal finance portal is much better in that respect as compared to the half-assed effort by Yahoo! Movies [...]

INP Again, My Portfolio Analysis

Posted January 18th, 2007 by Sidd | 1 Comment

A few days ago, I opened a position in INP (Barclays Bank Zero Cpn ETN(ITR) – see my previous post on INP) increasing Parchayi and my investment in India to 16% of our total investments.
A breakdown of our portfolio (including all stocks and mutual funds) shows 98% investment in stocks, 2% in bonds (via some [...]

Happy Cows No Longer Come From California

Posted January 17th, 2007 by Sidd | No Comments

If you have seen the ads for Real California Cheese, you know what I am talking about. The first thing that came to my mind after hearing about freezing temperatures and ruined crops in CA is unhappy cows and I had to post about it even though this doesn’t have much to with personal finance, [...]

More Cheap (and even Free!!!) Brokerage Options

Posted January 16th, 2007 by Sidd | 1 Comment

A recent newsgroup post that I found led me to this businessweek article – The Best E-Broker For You. Their slideshow compares several online brokerages, some of which I didn’t know existed. Here are two more cheap options other than SoGo that I mentioned in the previous post:
Firsttrade – $6.95 per trade market and limit
TradeKing [...]

SoGoInvest – So Go Invest – what excuse do you have now?

Posted January 12th, 2007 by Sidd | 2 Comments

I just saw an ad for these guys on this blog and I had to check them out – !
Now Scottrade is being given a run for its money and if SoGo succeeds, hopefully we will see all around fee slashing and maybe, just maybe the days of free trading will be back.

Credit Card Interest Rates – Ask for Less?

Posted January 12th, 2007 by Sidd | No Comments

Over at Yahoo Finance today, I found this article – Negotiate a Lower Credit-Card Rate from the Wall Street Journal. The artice goes on to say that credit card companies will lower your interest rate if you ask for a lower rate. Most of my credit cards are low fixed rate cards, plus I haven’t [...]