Friday Random Thoughts
An interesting week with lots of interesting posts and ideas:
- Nortel’s accounting scandal continues to dog this former High Tech darling with 4 more former VP’s of finance for lines of business indicted by the SEC this week. The former Bay Street darling is down to $16.49 ($1.65 pre reverse split) per share with no bottom really in sight? Hope none of you are getting burned on this one.
- On the good things to invest in front Dividends Matters does an analysis about whether the Canadian Imperial Bank of Commerce is a good dividend investment.
- Our friend over at the Canadian Capitalist has an Ontario pre-election opinion on Daulton McGuinty and his taxing ways. Remember to read and form your opinions about the candidates and then VOTE!!!
- I must be rubbing off on Larry MacDonald he has an excellent Rant about his laptop computer breaking, hey Larry, ranting about things is MY angle.
- My home life continues to be a huge money drain with the September Monetary on slaught continuing with large money lay outs for Sports, and School highlighting the out flows.
Articles This Week
More on this topic
(What's this?)
Nortel Networks (NT)….opportunity or going to 0$?
(Intelligent Speculator, 11/17/08)
Good or bad, Nortel’s CEO is staying
(Canadian Business Blog, 12/5/08)
For better or worse, Nortel’s CEO is staying
(Canadian Business Blog, 12/5/08)
Nortel Demos 100GbE over Single Wavelength 100G
(Telecom Ramblings, 12/18/08)
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September 14th, 2007 at 8:46 am
NCN has a good method for dealing with the September money drain:
hot to create a budget if you have irregular income.
I’ve got a constant income, but found that I have a lot of less frequent expenses that are annual or whatever. I calculated them and figured out what they would cost per month. I take that monthly amount and put it into a savings account until I need to pay for one of those expenses.
So far, we’ve handled a lot of those expenses with our monthly income, so our savings just keeps getting bigger. I expect to use my tax refund for whatever I want instead of catching up on expenses.