Tesla's Image Management

A couple of weeks ago, Elon Musk announced that the Tesla’s drive unit warranty would be extended to 8 years and unlimited mileage. This was generally seen as a reaction to Consumer Reports’ one year review of the Model S, in which it stated the car had “more than its share of problems.” Tesla has been quick to respond to anything that might damage its reputation as a high quality vehicle – remember when it added the titanium underbody shield...

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Details Of My Refinance

The biggest monthly expense in most people's live is their housing payment, be it rent or a mortgage. So if you are trying to reduce your expenses, it makes sense to start by taking a look at your biggest payment and see if there is any way you can reduce it. In my case, I knew I could. I bought my house 10 years ago using a 30 year fixed rate loan at 6.375% interest. Since that time, interest rates have dropped considerably. I probably should have...

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Are Car Payments Inevitable?

I'm probably in the minority when it comes to attitudes about car payments. I hate them. I try to get them paid off as soon as possible. I'm not one of those persons that advocates paying cash for cars, but I also am not one of those that figures a car loan to be an expense that you pretty much always have, like a rent or mortgage payment. My wife and I bought new cars at the same time back in 2010 - we each got a new Prius. (Aw, hubby and wife...

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Goal Progress: End of July 2014

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of July, 2014 Current value: $6,690 Change from last month: + $531 Percent of Goal:  6.15% Note that the funds in this account are invested in stock, so there...

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