• Bitcoin trading on margin? Now that looks like a good idea

    According to an article on TechCrunch, Coinbase has added enabled margin trading for various cryptocurrencies, namely Bitcoin, Ethereum and LiteCoin. While this sounds like good news for professional trading firms, it makes me wonder how many day traders and casual investors will discover the wonders of margin trading a volatile instrument like cryptocurrencies.

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  • Is Bangernomics only for people who have money?

    If you’re not familiar with the term Bangernomics, it’s an idea I’ve encountered in the UK about buying cheap - like, really cheap - cars, drive them as long as possible and then get rid of them when they start breaking down too often. Ideally, if the cars are cheap enough, and you find a lot of really cheap cars in the UK, compared to say, the US, you substantially lower your cost of running a car. Of course it also helps if you are in a place that has reasonable public transport infrastructure so you’re not 100% dependent on a car in the first place.

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  • Discounted iTunes gift cards at Costco

    If you’re in the “iTunes universe” - yes, I know, Apple is expensive and one should just buy the cheapest, nastiest Android tablet - and you tend to buy either content or apps there regularly, Costco currently has their $10 off deal for the $100 iTunes gift cards going in the US. Looks like the deal expires on the 16th so if you need to make use of it, do it soon.

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  • More "interesting" ads spotted on late-night TV

    OK, maybe I shouldn’t be watching TV late at night then, it doesn’t seem to be very good for my blood pressure… Anyway, I came across another ad targeted to the financially illiterate.

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  • No wonder people haven't got much faith in the political system

    AARP supported/supports cuts in Social Security and Medicare?. I don’t think I can add more to this than Yves already wrote, but I have to say that I find this an embarrassment for the AARP.

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