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wall street self-defenseWall Street Self-DefenseHow to understand Wall Street.3NA=1154&NC=1180&DI=4098&PS=74884&PI=7315wallstreetfalsefalsespacernotembeddedwall street self-defenseSpend Every Dime!Henry BlodgetWhy U.S. tax policy makes saving a sucker's game.noSpend Every Dime!Why U.S. tax policy makes saving a sucker's game.noFor the first time since the Great Depression, the U.S. personal savings rate has "gone negative." In 2005 and 2006, U.S. citizens spent more than they made. Economists disagree about just how ominous this is, but they generally agree on why it's happening. Americans are "overspending."truenotochyperlinkno200741210631PMThursdayAprApril134/12/2007 5:06:31 PM633119799910000000200741210631PMThursdayAprApril134/12/2007 5:06:31 PM633119799910000000wall street self-defenseTaxes You Shouldn't PayHenry Blodgethttp://www.npr.org/templates/story/story.php?storyId=5342534How your mutual funds are raising your IRS bill.noTaxes You Shouldn't PayThe stupid investment that raises your taxes.noOwn a mutual fund? If so, a couple of months ago, you probably got a note like this:truenotochyperlinkno2006413115633AMThursdayAprApril114/13/2006 3:56:33 PM6328052619300000002006413115633AMThursdayAprApril114/13/2006 3:56:33 PM632805261930000000wall street self-defenseBorn SuckersHenry BlodgetThe greatest Wall Street danger of all: you.noBorn SuckersThe greatest Wall Street danger of all: you.noThis self-defense guide would not be complete if I did not address the greatest Wall Street danger of all: you.truenotochyperlinkno2004121481126AMTuesdayDecDecember812/14/2004 1:11:26 PM6323860868600000002004121481126AMTuesdayDecDecember812/14/2004 1:11:26 PM632386086860000000wall street self-defenseMoney for NothingHenry BlodgetThe real trouble with mutual funds.noMoney for NothingThe real trouble with mutual funds.noUsed properly, mutual funds are powerful tools. They allow investors with little money and time to pool resources and benefit from the same services, information, clout, expertise, and economies of scale as large institutions. They also provide immediate diversification, without the hassle and cost of acquiring and managing a portfolio of individual securities.truenotochyperlinkno200412163601AMWednesdayDecDecember612/1/2004 11:36:01 AM632374797610000000200412163601AMWednesdayDecDecember612/1/2004 11:36:01 AM632374797610000000wall street self-defenseThe Trouble With CNBC and Smart Money and … Henry BlodgetThe financial media's undisclosed conflict of interest.noThe Trouble With CNBC and Smart Money and … The financial media's undisclosed conflict of interest.noAnd now we turn to the biases and hazards of the financial media, the filter through which Wall Street is usually viewed. On this topic, I should begin by saying that I am burdened with even more than the usual conflicts. Having once been a popular "It boy" in the financial press—and now being a part-time member of it—I might be tempted to give this constituency a free pass on its (usually unacknowledged) role in encouraging millions of rookies to drink themselves silly at the market party a few years ago. On the other hand, having also been strafed by more than a few reporters and editors, I also have to be wary of sour grapes.truenotochyperlinkno2004111164156AMThursdayNovNovember611/11/2004 11:41:56 AM63235752116000000020041111112050AMThursdayNovNovember1111/11/2004 4:20:50 PM632357688500000000200472040338PMTuesdayJulJuly167/20/2004 8:03:38 PM632259362180000000200472040338PMTuesdayJulJuly167/20/2004 8:03:38 PM632259362180000000falsetruetruetruetruetruetrue2004715102401AMThursdayJulJuly107/15/2004 2:24:01 PM6322548384100000002004715102401AMThursdayJulJuly107/15/2004 2:24:01 PM632254838410000000