24 August 2007 2 Comments Print This Post  Email This Post

All good things must come to an end, including summer vacation. Yesterday was my first day back to school, as I finish my last semester of college at the University of San Francisco. I can’t wait to graduate and officially start my real life. I feel as though everything else, including all my business ventures and investing experience is pre-season for the real game. As I become busier with school, you’ll see weekly hot topics, which are collections of articles from other websites that I frequent. Here are some hot topics from this week.

Jeremy at Generation X Finance illustrates why term life insurance is usually a better choice for the general public. I always thought there was something fishy with whole life. There has to be a reason why these companies pay insurance agents large commissions to push whole life and smaller commissions for term life. Common sense will tell you that high commission products usually benefits the company more than the user. Why would they have to pay high commissions if the product was truly worth while? People would be flocking to them instead.

Trent over at The Simple Dollar writes about buying store brand generics. I’m fairly good with this. I usually buy store brand goods ranging from pasta, to cereal, bottled water and more. I’ve trained myself to actually go strait towards these store brand generics. I don’t know why people would pay more for the same stuff. My downfall is when it comes to medicine. I buy name brand over the counter medicine rather than store brand. For some reason I just go towards the same brands I am familiar with. Next time I will compare labels and if its the same stuff, I’m going generic.

Money Magazine presented a nice slide show, featuring 20 timeless money rules. I love the way they apply classic quotes to money issues.

Last but not least, BripBlap presents a comical article called six ways to retire poor. Sometimes a little reverse psychology does the trick. Make sure you day trade and speculate in real estate if you’re looking to retire poor!