New and Improved

I changed the name of my blog from "Financial Advice for Ordinary People" to "Freedom". And I also changed the description. I don't remember what it used to be, but now it's more representative of the way I think, for now.

I haven't liked the title "Financial Advice for Ordinary People" for a long time. When I came up with that name, my goal was to appeal to readers who weren't born rich, and to provide information I think helped me to be relatively well off.

Just now I understood why I never really like that title. It didn't reflect what it was intented for. It sounded like I was some know-it-all (financial advice) speaking to all you peasants (ordinary people).

So, I changed the name to "Freedom". The only complaint I have about that choice is that it's a bit too general. The description is also not as high-and-mighty sounding. So really all that's new and improved is the title and description of this blog. Everything else is pretty much the same old same old. Marketing and sales have never been my forte. So, I'm just gonna go with that for the time being.

I found out that after the feds dropped interest rates by half a point, my money-market account dropped the interest they were paying me by by more than 1%, to about 3.2%. I was disappointed, and took advantage of a promo- 3 mo 5.15% bond being offered through Ameritrade. I transferred about two-thirds of what was in my money-market account to invest in this promo-bond from 10/17/07 to 1/17/08. It's money I know I will not need for at least 3 months.

So, I'll be earning almost 2 whole percentage points more in interest over the next 3 months. It's not substantial - as if I could make a house payment with the difference. But it's money for me, and amounts to about $234 more than what I'd have, otherwise. So, let's say that's about $156 after taxes are paid. If I work about 20 to 25 days in a given month - that's easily free lunch for a month.