Yakezie Carnival – The Dow Jones Industrial Average Edition

by on August 15, 2011 · 34 comments

Hello Everyone! Welcome to the Dow Jones Industrial Average Edition of the Yakezie Carnival.

I am honored to be able to host the Yakezie Carnival on Personal Finance this week. If you are new to the blogging world, a blog carnival is a way for individual blogs to highlight other blog’s articles, to get to know other bloggers in your niche, and to add some variety for their own readers.

I will be discussing some historical aspects of the Dow Jones throughout the articles so be sure to read through to the end!

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The Dow Jones Industrial Average (DJIA) was created by Charles Dow in 1896, one of the founders of the Wall Street Journal, and was originally named the Dow Jones Railroad Average due to the railroad industry’s importance and domination at the time. A second market, the Dow Jones Industrial Average, was created to coincide with the Dow Jones Railroad Average because Mr. Dow believed that the industry sector and the railroad sector intersected-the health of one was dependent upon the health of the other.

Everything finance: Is America Wading into a Pool of Stagnation? - After the long debate over raising the debt ceiling, the party politics and all the political posturing, one would think it would have had stronger consequence on the economy.

BeatingtheIndex: Canadian Interest Rates: 2011-2012 Forecast - Where are interest rates going in the next 12 months and what are the factors underlying the forecast?

Everyday Tips and Thoughts: Fed Up With Hearing How ‘Taxing The Rich’ Will Fix The U.S. Economy - Took a look at the first week of August and all the bad news that came forth regarding the US economy. Frustrated with the number of people wanting to increase taxes on the rich in order to fix the ills of the United States economy, when the ‘rich’ already cover the majority of the tax burden.

There were 12 original stocks included in the DJIA. These were:  American Cotton Oil, American Sugar, American Tobacco, Chicago Gas, Distilling and Cattle Feeding, General Electric, Laclede Gas, National Lead, Tennessee Coal & Iron, North American, U.S. Leather and United States Rubber Company.

The year of shopping detox: How frugal is the paleo lifestyle? - The hidden costs of embracing the caveman lifestyle.

Daily Money Shot: What I learned from controlling my spending - In this post, Daily Money Shot explores what she learned from three years of participating in a controlled/no spending challenge.

Free Money Wisdom: 25 Money Saving Tips for the Holidays - Everybody the world over is feeling the pinch, making it more important than ever to find ways to save money. Holidays really can be expensive, so here are 25 tried and tested money saving tips to ensure you have a great break without emptying your wallet.

Living in Financial Excellence: Murphy Strikes Again: Another Gotch Expense - It’s no secret that since I left the world of full-time employment 18 months ago and went full time into self-employment,our budget has been pretty tight. We’ve been able to make ends meet while the businesses grow but there certainly hasn’t been much extra money for wants. What we weren’t expecting,however,was the full-fledged attack from Murphy.

Fat Guy, Skinny Wallet: How We Saved Money On Car Insurance By Making A 3 Minute Call - Trying to save money on car insurance can seem like an impossible task at times. However, we were able to save over $300 with even trying!

Squirrelers: 10 Ways to Lower Health Care Costs - Health care costs can be high for many people. This post discusses 10 strategies for lowering these costs, and making health care a bit more manageable.

Not Made of Money: Are Fax Machines The Biggest Waste Of Money For A Company? - For about the last 10 years or so I have been waiting for the demise of the fax machine. Not only because it is so inefficient, but also because it may be the biggest waste of money.

TotallyMoney: Do money off emails make you spend more? - The article asks if using coupons always saves you money or do you end up spending on things you don’t need

Debt Free By Thirty: Nine Steps That Helped Us Become Debt Free - A list of the steps that we took to rid ourselves of over $14,700 of debt in a little less than a year.

krantcents: Empty Wallets - 5 simple things to take control of your wallet.

Wealth Informatics: Impulse spending : When barriers can be good - How to use our own barriers to overcome impulse spending.

Little House in the Valley: 3 Ways to Save on School Clothes This Fall - The new school year means it’s time to purchase new school clothes since most kids outgrow or wear out last year’s duds. Without spending a fortune, or making your child go to school in burlap sacks, you can follow these tips below to save money on a new wardrobe.

The Dow market closed officially for four entire months during World War I in 1914 in order to ward off a market crash.

Money Reasons: Roth IRA For Kids - An Roth IRA is the perfect investment instrument for all of us and especially kids! This article contains the reasons why everybody should consider this investment option and why I’m doing this for my kids!

Investorz’ Blog: How to Invest in a Panic - Recently, the financial markets have become very jittery. Stocks have been experiencing intraday fluctuations of up to 5%. I call this a panic, because it demonstrates that investors are freaking out. So how do you invest when the stock market is in a panic (the opposite of a bubble)?

Miss Wallstreet: Support and Resistance - A beginners guide to technical analysis. This post covers the basics of support and resistance and real tools you can use to trade.

The College Investor: Where To Find Higher Yields For Your Cash - With interest rates so low, where can you find a better yield?

Investorz’ Blog: How to Invest in a Panic - These are times of panic in the stock markets. Click to learn about how to invest in a bear panic.

Money Cone: Market Meltdown, What Should You Do? - What should the U.S. investor do now that the market has taken its worst tumble in two years? Here are some options.

Stock Market Basics: How to buy gold in the stock market - Given the state of the economy it is better to have gold as hedge against all things bad in the economy and diversify. This article tells about the best stocks and ETFs for Gold Investing on the stock market

The University Of Money: Gold ETF for beginners - Demand for gold is at an all time high and there is no right or wrong time to buy gold. In fact gold ETF is the best way to start investing in gold for beginners and avoid the hassles involved with buying physical gold.

Outlaw Finance: Common Investing Mistakes: 401K - If your employer offers a 401k plan, it should be easy to save for retirement. Are you guilty of one of these common 401k blunders?

Investor Junkie: Stock Market Down: What to Do Next? - there is really no where to hide when the stock market takes a plunge. Unless of course you have cash, cash like investments, and defensive investments like gold. The time to prepare for any emergency is BEFORE it occurs, not after.

Control Your Cash: Look at the Big Picture - Stock prices are nothing more than opinions. They’re values attached, via crowdsourcing, to intangible pieces of dynamic, vibrant corporations. And collective human wisdom can sometimes be extremely short-sighted.

Darwin’s Money: You Should NOT Be Losing Sleep Over This Market Crash - While the media and purported “experts” have contributed to the panic and hysteria, here are key reasons why investors should not touch their stock allocations – no matter how scary the news gets.

In the 1950s the Dow gained 240%, bringing it to 679.36 in 1959. On March 29, 1999, the Dow hit 10,000 for the first time.

The Happy Homeowner: Confessions of a PF Blogger: No Happy Meal for You - This is one part of a series I’m writing to share my personal finance journey (including the bumps, bruises, and highlights along the way). I hope that by sharing my experiences, I can inspire others to set (and attain!) their own financial goals, no matter their circumstances.

Sustainable Personal Finance: University Student Loans – Gonzo! - We eliminated the last ~$13k of my student loans recently and it feels great to be FREEEEE!

My Journey to Millions: What to Do If Your Flight Is Cancelled - Tips for what to do if your flight is delayed so you can get home as quickly as possible.

Invest It Wisely: Are You Spending Your Time Wisely - All my life, I have traded time for money, or money for time. Yet I still struggle to achieve balance between the two.

Prairie Eco Thrifter: Getting Back on the Weight Loss Bandwagon - It’s only been a couple of weeks since I gave you a general rundown of my weight loss journey so far, but they were a bad two weeks.

Money Is The Root: Have you ever missed a debt payment?

Live Real, Now: Playing for Blood - When we play games in my house, we play for blood. I’ve never let my kids win and they know it. In my mind, the real world won’t hand them any wins, so I might as well start teaching them how to work for it now.

The Penny Hoarder: How to Sell Your Music Online - With the advent of iTunes and other online music platforms, artists are in more control than they have ever been. Instead of pounding the pavement trying to make connections, musicians can now sell their music online directly to fans. Here’s how to do it…

Dining Out Challenge: Tips to Avoid the Trend of Children Being Banned from Restaurants - If you are going to take your kids out to eat, try some of these tips for a smoother trip

One Cent At A time: Enrich Inner Soul, Enjoy Finer Things In Life And Feel Richer - There are finer things in life that can make you feel content and satisfied in your otherwise 8 to 5 life. Wake up and enjoy the things available around you and be rich

Mom’s Plans: How One Family Survived Unemployment Part One - A true story told in two parts of how one family of 6 survived 18 months unemployment.

Family Money Values: On Staying Relevant at any Age - At any age, being relevant – important – to someone, something at sometime is essential to our well being as social animals. Here are some tips on how to do that – at any age, and as you age.

Step By Step Finance: What should you do? - With so many things out there for us to do, are you choosing without first consulting your inner self?

The Dow is now made up of 30 components, which represent about 25-30% of the total market value of all U.S. stocks. Component changes are made by the Averages Committee, which is made up of three people: the Managing Editor of The Wall Street Journal, the head of the Dow Jones indexes research, and the head of the CME Group Index Services.

Financial Success for Young Adults: Mutual Funds vs. ETFs - This battle royale pits mutual funds against ETFs. Who will win? Read on to find out more.

Deliver Away Debt: P2P Lending Review: Prosper.com - An overview of Prosper.com

PT Money Personal Finance: My Refinance Experience with Quicken Loans- A personal review of Quicken Loans.

The Dow Jones is a reactive market, and sometimes just plain emotional. The Nixon resignation, September 11, 2011 terrorist attacks, Hurricane Katrina, and Lehman Brothers Bankruptcy all sent it in a decline.

My Personal Finance Journey: Are You Clueless About Mortgages? Start Here! - Setting out to obtain a mortgage loan to purchase a home can be a very daunting task. However, if you consider the various aspects of a mortgage one-by-one, you’ll find that they aren’t all that scary. This post discusses different types of mortgages, loan payback, the fees associated with mortgages, and ways to improve your chances of being approved.

Funancials: 3 Tricks To Begin Building Credit - Honest Abe gives young adults an idea of how to establish the infamous credit score.

Free From Broke: Going to College? 5 Smart Money Moves for College Freshmen - Heading off to college? Take a look at these smart money moves for college freshmen and watch your money grow as you earn those A’s!

KNS Financial: The Best Retirement Plan For You - Choosing the right retirement plan can be confusing and overwhelming. However, if you follow this guide, much of the confusion of retirement planning will be eliminated!

The Dow hit its peak on October 9, 2007 at 14,164.53.

AffordAnything.org: 8 Weird Money Stories from Around the World - Strange-but-true stories involving everything financial, from a guy who has a staggering amounts sitting in a low-yield account, to the teen who bought an iPad through an ill-advised funding source …

Some of the 30 components today include General Electric (the only component from the original 12), 3M, McDonald’s, Kraft Foods, Walt Disney, Microsoft, Proctor & Gamble, Verizon, Coca-Cola, and American Express.



{ 25 comments… read them below or add one }

Harri @ TotallyMoney

Big thanks for including us! Looks like we’re in very good company.

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Everyday Tips

Wow, what a great carnival. Thanks for putting it together and including my site!

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Niki

Thanks for hosting!

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Everything Finance

Thanks so much for including me in this edition of the Carnival.
Appreciate it.

Reply

Khaleef @ KNS Financial

Thanks for hosting and including my links!

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Jacob @ My Personal Finance Journey

Thanks for hosting and including my post about mortgages!

Reply

krantcents

Thanks for the inclusion and hosting.

Reply

Squirrelers

Nice job on the carnival!

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Doctor Stock

I’d love to join in next time… what do I need to do?

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Amanda L Grossman

Hello!

The Yakezie runs a carnival each week. Someone (probably Money Reasons) will send out a reminder on the public threads to submit your article, and then you just need to submit a link, title, and description (it will prompt you) on the link they provide.

Reply

Doctor Stock

OK… thanks… I’ll keep my eyes open for this!

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Doctor Stock

Umm… so I did what I was told, but somehow still didn’t get included. Any ideas?
Doctor Stock recently posted..Banning Short Selling – A Failed Policy

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Amanda L Grossman

Hello Doctor Stock,

You mean you submitted to the Carnival that went live this week? I am not sure who is hosting it. I would email the host and ask why you were not included. If you have further issues or are still confused, email me at frugalconfessions [at] hotmail.com
Amanda L Grossman recently posted..Cost of Kids’ Birthday Parties and Ideas to Save Big

Reply

Doctor Stock

Perfect thanks… yip, that’s the one I was wondering about… appreciate your help. I’m such a newbie.
Doctor Stock recently posted..Banning Short Selling – A Failed Policy

Amanda L Grossman

You all are welcome! Thanks for sending in some great articles.

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Suba

Thanks a lot of including my post, esp. as I forgot to submit :( I really appreciate it.

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Financial Success For Young Adults

Awesome! Thanks for the mention!

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Miss Wallstreet

Thanks for including me!

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BeatingTheIndex

Thanks for hosting and for including my post.

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Dana

Thanks for hosting and including my submission!

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MoneyCone

Lovely list Amanda! Thanks much for the inclusion!

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Invest It Wisely

Thank you for the inclusion!

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Jana

I’m a little late to the party but great job, Amanda!

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Miss T @ Prairie Eco-Thrifter

Huge thanks for the inclusion and thanks for hosting.

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Amanda L Grossman

No problem! Someone different hosts the carnival each week.

Just remember–we all used to be newbies:).

Reply

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