October 2008

Remembering A Good Soul–Dean Barnett (1967-2008)

October 28, 2008

I lost a good friend yesterday. Dean Barnett was just 41 when he died of complications from Cystic Fibrosis. Dean and I first met in 1989 at Boston University School of Law. We were both incarcerated in Section B, which included contracts with the distinguished and extremely tough Professor Clark Byse. Dean and I helped [...]

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How to Profit from a Stock Market Crash

October 25, 2008

According to Standard and Poor’s, the S&P 500 is down 40.29% for the year. And just in case you thought that was a typo, I’ll repeat myself: the S&P 500 is down forty point twenty-nine percent so far in 2008. Ouch! Now here is something that is far more important. How you handle your stock [...]

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Credit Cardholder’s Bill of Rights Act of 2008 – What it means for you

October 19, 2008

While the $700 billion bailout and presidential elections have dominated the news, the House of Representatives passed a major piece of credit card reform legislation. The Credit Cardholder’s Bill of Rights Act of 2008 passed the House on September 23, 2008 by a vote of 312 to 112 (with 9 members not voting). While the [...]

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How to Survive (and Thrive) in a Recession

October 12, 2008

Make no mistake about it, a recession is here. While we do not know how long or painful it will be, we do know that it has the potential to be the worst financial crisis any of us have ever lived through. The stock market has lost more than 20% in the last 10 trading [...]

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How to Harness the Stunning Power of Financial Regret

October 4, 2008

Regret over past financial decisions can have a powerful hold on you. At 23, you may regret running up $20,000 in credit card debt during college. At 35 you may regret never having gone to college. At 45 you may regret having never started that consulting business you always dreamed of pursing. And at 65, [...]

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