It’s Happy Hour again. Time to breath a sigh of relief, review what you may have missed and just point out some interesting reads I came across this week.
It sounds the next installment of the Indiana Jones series, but the golden cross is one of those technical indicators that may signal good things to come. The stock market finally hit a golden cross in the S&P 500 on Tuesday when the 50 day moving average crossed above the 200 day moving average signaling a short term bull market may be on the horizon. A sign of more good things to come?
One Less Dollar Bill
In the ongoing effort to eliminate the $1 bill, a few senators introduced legislation that would eliminate paper $1’s for coins. It sounds like a good deal. It saves the government money long term, but the people don’t want the change. We can’t have it both ways, lower government spending and more paper in our pockets. Like this is the biggest issue this country has. But hey, in 4 years the $1 bill could be phased out. Just in time for debit cards, credit cards, Google Wallet and other smartphone spending systems to take over the world and have no need for coins either.
March Money Madness
The folks at Free Money Finance have an annual event known as March Money Madness Brackets. As a fan of college basketball and someone who has taken a day or two off just to watch the first round, this fits me perfectly. Anyways, I’m in as a self proclaimed underdog going up against some tough competition in the first round. I’ll keep you posted when our game goes live.
I’ve been slacking this week on extra reading, instead doing some behind the scenes work on the site. With that the great reading list was rushed this week, but I think I found a good collection.
- Our first round competition in the FMF March Money Madness is post by Miss T. about living your dream life debt free. A plan we all should have. As competitions go I may need some help. Are buying votes illegal? Good luck Miss T.
- A few bad seeds can give an entire industry a bad name. Unfortunately this is true and Jeff Rose covers 7 financial advisors to avoid. A great resource if you’re in the market for a new financial advisor and what to watch out for.
- I can’t mention my March Money Madness competition without pushing my own entree. Yours truly wrote about my automatic savings program growing up and how it translates today. Keep an eye out for it at FMF.
- I saved the best for last, at least I think it’s the best. Kevin over at Thousandaire went on a diet induces rant about financial behaviors. Amusing and true!