Odnal - Building wealth, bit by bit

Archive for February, 2008

28 Feb

Over-Diversification on Prosper is a Bad Thing

I have a bit of money invested in some Prosper loans now and am interested in how they are doing, as well as how the whole concept of Peer to Peer lending is going. The ProsperDays conference has been going on the past couple days and I’ve been watching some videos of it. […]

27 Feb

Save Money by Using Open Source Software

Software can be expensive. When buying a computer, the operating system is usually included in the base price, along with a number of marginally useful applications for doing day-to-day tasks. Anti-Virus and security products often include only 90 day versions before you have to pay for the full version.
With the quality of […]

23 Feb

Tagged 123

Rocket Finance tagged me a few days ago and I’m not quite sure who to tag in return since I don’t think I have many regular visitors yet.  So, I’ll complete the challenge and let anybody else who might feel left out to tag yourself.
Here are the instructions:

Pick up the nearest book (of at […]

23 Feb

TreasuryDirect Seems Like More Trouble Than It Is Worth

In reading through my blogroll, I came across a couple references to using TreasuryDirect.gov to purchase savings bonds as an alternative to high yield savings accounts. I figured it was worth looking into, so I signed up on the website. The registration process was a little awkward, and you can’t log […]

20 Feb

Business Lessons From A Lemonade Stand

Yesterday was a nice glimpse into spring. The temperatures in Annapolis have been mostly in the 40’s, but yesterday hit the mid-60’s. Kids were out of school for Presidents Day, and during my run, I passed by one house where some young girls had set up a lemonade stand. The girls […]

18 Feb

Final Lending Club Bonus Amounts

My LendingClub bonus has turned out even better than I had hoped.   The original deal was a five per-cent bonus based on the amount lent before February 3rd.   I managed to get the minimum $5,000 invested in a portfolio, as well as an extra $375 from loans that had expired and I resubmitted.  The bonus […]

18 Feb

Save Over $350/Year on Cell Phone Service

Our family hasn’t had a ‘normal’ cell phone from one of the big carriers for about a year now. Instead, we use a prepaid cell phone from TracFone because it is far less expensive for our situation. Instead of paying around $30/month plus taxes, our cell phone bill is only […]

15 Feb

How Much Is That New Car Smell Worth

Free Money Finance just posted that he buys new cars, which really surprised me. They just depreciate so fast, that you couldn’t help but end up owing more than the car is worth. I can’t imagine I’d every want to buy a new car.
A few months ago, my family was shopping for a […]

14 Feb

eHealthInsurance Refunded my Non-Refundable Fee

At one point during my insurance fiasco a couple weeks ago, I thought that it would be a couple more weeks before my new health insurance application would be approved. I didn’t want to pay an extra day at COBRA insurance rates, so I applied for a short-term insurance plan to cover […]

13 Feb

PayPal as a Savings Account

I have had a PayPal account for as long as I can remember. I actually opened my first account in August of 2000, back when eBay and online payments were just in their infancy and PayPal gave you $5 just for signing up. Obviously, a lot has changed since then, […]

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