This is the last episode of Millionaire or Bust for 2008. We covered a lot of ground in this show. Even though the week on Wall St. was shortened, there was a lot that happened.
Of course, we had to start off by talking about oil, which bounced back above $37 despite the U.A.E. announcing their plans to make their portion of the cuts necessary to meet the oil production reduction announced last week by OPEC.
Then we decided to go with more good news and discuss Amazon’s announcement that 2008 was their best holiday season ever. We also discussed why that was the case.
Then, before we all started flying too high on good news, we talked about the mixed news of the bankruptcy judge approving Circuit City’s financing.
Then we got into two plans that were designed to stimulate the economy. The first is an energy conservation plan the incoming administration might consider implementing and the second is three periods of national sales tax holidays that the National Retail Federation is calling for in 2009.
In case you have an appliance break, we discuss what you should do when an appliance breaks. Should you fix it? Or replace it? If you need a place to access to thousands of reviews of local service providers, the article recommended Angieslist.com, which is a consumer rating site that charges $5 to $10 a month for membership. If you’re looking for free DIY instructions or to order parts they recommended RepairClinic.com. And if you’re looking for a second opinion on what to do with that broken appliance, they recommended Applianceguru.com, which is an appliance repair forum.
And before wrapping up the show, we took a look at a CNN poll which says that 74% of Americans think behavior like Bernie Madoff’s (the guy with the $50 billion fraud we discussed recently) is common.
And no, I didn’t forget. Here’s the Rent vs. Buy Home Calculator I promised, to help you decide if it’s a better idea for you to buy a home or keep on renting.
Talk to you all again in 2009! Have a great New Year’s Eve and New Year’s Day everyone!
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