The How to Cook a Steak article in the foodie blog Tastebud Chicago had me at “A $30 restaurant steak can be had at home for less than $8 per steak. We promise. We’ve done it.” Better still is the fact that their recipe uses an iron skillet rather than a grill, which is great for when the weather’s too rotten to barbecue outside or for those of us living in condos.
Despite the fact that the Catmas holiday has come and gone, and even though I’m really a dog person (I think of cats as “egg rolls waiting to happen”), I still update the Catmas site every now and again. Click here to take a look at today’s darkly funny cat picture…
This has been sitting in my collection of draft blog entries; I thought I’d fire these out before they got too stale.
A study to be published next year in the Journal of Broadcast and Electronic Media states that Comedy Central’s hit satire show, The Daily Show is as “substantive” as “real” news. It’s both an endorsement for The Daily Show as well as a black mark on “real” news.
For your viewing pleasure, here’s a surprisingly reasonable-sounding Joe Scarborough report on MSNBC covering the story, rich with some great clips from The Daily Show. [8.4MB QuickTime video]
Speaking of Stewart, be sure to check out this New York magazine piece on Stephen Colbert, a very thorough piece on my favourite fake right-wing commentator. I knew he was Catholic but had no idea that he still taught Sunday school. I’d catch a class if he held one here in Accordion City.
“Bobby, if you don’t pose for this picture, your friend Mr. Insulin goes bye-bye.”
I thought my idea of going as manta ray-spiked Steve Irwin was awful (my catchphrase would be “What’s wrong? Too soon?”), but it pales in comparison to the children’s “toilet” costume pictured here. With kids being the way they are, unfortunate wearers of this costume would be on the vanguard of a new and humiliating form of beat-down, which I will leave to the reader to imagine.
Also in the catalog is this costume, which is nearly as bad:
(Links found via Reddit.)
The Dow Jones website Marketwatch recently posted an article titled ‘Dilbert’ deserves the economics Nobel, which refers to a 9-point financial plan that appeared in Scott “Dilbert” Adams’ 2002 book Dilbert and the Way of the Weasel. It sounds pretty sensible and seems to be in line with what is considered to be sound advice.
According to the article, Adams tried to have this nine-point plan published as a one-page book, but none of the publishers would bite. He then decided to include the plan in Way of the Weasel, and I’m reproducing it below:
Points 1 through 5 seems to echo what a lot of financial planning books say. Canadian readers who’ve read David Chilton’s The Wealthy Barber will have a sense of deja vu (I believe that Canucks can compress points 4 and 5 to “Fund your RRSP to the maximum”). I might want to diversify my funds a little bit, but 10% of my income has automatically been routed to my RRSP for some time now.
(I’ve got to make a will soon. It’ll be pretty simple: The Ginger Ninja gets everything, save enough money to send a courier to leave a flaming bag of horse manure at the doorstop of my deadbeat ex-housemate.)
Point 6 is so simple it almost seems silly, but I suppose it had to be stated rather than implied.
I used to have a stash like the one suggested in point 7 — a habit I picked up during my days as a self-employed contractor — until my deadbeat ex-housemate effectively drained that resource. I just kept it in short-term guarateed investment certificates which I’d renew. I’m working on rebuilding the ol’ safety net and will have to see what the upsides and downsides to using a money-market account are.
Point 8: Interesting. Once again, I’ll have to do some research. Here’s what the article had to say about it:
Thanks to Adams’ formula, the average irrational investor can ignore Wall Street: “Everything else you may want to do with your money is a bad idea compared to what’s on my one-page summary. You want an annuity? It’s worse. You want a whole life insurance policy? It’s worse. You want to invest in individual stocks? It’s worse. You want a managed mutual fund instead of an index fund? It’s worse. I could go on, but you get the point.”
Check the bottom line: A portfolio with an asset allocation of 70% in Vanguard’s Total Stock Market Index and 30% in the Total Bond Market Fund is doing just fine, performing remarkably close to the S&P 500 index. Moreover, that simple two-fund portfolio is perfect for the vast majority of America’s 95 million investors who are passive much as Adam’s Dilbert character.
I’m going to have a chat with both my financial advisor and my father-in-law (I’ve learned more about real-world business just by talking with him than I did in my commerce courses at Crazy Go Nuts University) sometime soon.
I’m sure that I’ve got people who live, breathe and think finances the way I do with computers — any thoughts?
Maria has a story about a scammer who tried to con her over the phone into giving away her credit card number:
At around 9:20 am the phone rang. It was “Tim from the front desk” saying that there had been a problem with my credit card and they hadn’t been able to authorize it for the previous night. I said it was OK, that I had another credit card and I would go downstairs to take care of it. He insisted that he had to do it “before 11” so why didn’t I just give him my credit card number on the phone. Now THAT was suspicious. You shouldn’t be giving your credit card number to people who call you on the phone. I said I would call them back. I called front desk and, of course, there hadn’t been any problem with my credit card, my room had been pre-paid at booking time.
The email variant of this trick is called “phishing”. Whether it’s by phone, email or any other means, it all boils down to the same thing: someone trying to get your credit card number so that they can take your money. Be alert!
“Ill–ill–ill–ill–ill…illogical!” If this photo had existed during my DJ days at Crazy Go Nuts University, I’d have blown it up and posted it in my DJ booth at Clark Hall Pub.
