I've got the motivation back on my graphics card project, ever since getting it running on a Raspberry Pi the other day. Follow along here if you're interested in the "engineering hobby" side of PK. (Yeah, yeah... I know - I have "interesting" hobbies.)
Otherwise, you're in the right spot - the finance spot.
Links We Liked!
- Hey, look, an FDA trans-fat ban! (It was already banished from my kitchen, so I won't comment on that part). I found the WP article on one of the leading advocates for the ban to be quite interesting, however.
- From the "just like how no one pays the same for airplane seats" department, Burbed did some math on what homeowners on the same block in Los Altos are paying in Property Taxes. Crazy what Prop 13 has wrought, huh?
- "It works until it doesn't" -just like a Turkey on Thanksgiving, with apologies to Nassim Taleb. Nelson at Financial Uproar skewers people who invest only based upon dividend yields.
- Jason Hull shares MLB star Andrew McCutchen's pay stub. To his prompt: if I had that paycheck, I would ask my accountant the implications of the recent decision on local property taxes which don't fully refund taxes paid elsewhere.
- Are stock buybacks manipulative? Well, they certainly increase during market peaks, so that's interesting (dividends, due to math, usually increase as a percentage of price - think about it).
- At a Wealth of Common Sense, will retiring baby boomers lower market returns?
- Always nice to see Bret at Hope to Prosper posting - he shares a nice find about millionaire savings rates. A hint - you better be saving more than a fifth.
- Are you a person? Are you invested in stocks? The Great Recession seems to have depressed investment holdings across households - and especially amongst Millenials.