Cavalcade of Risk #61: Risky Business Edition

September 24, 2008 By Debbie Dragon

Is there anyone not familiar with Tom Cruise and the 1983 movie, Risky Business?  I was only 3 when it came out, and yet I’m well aware of the movie… and the (what was considered at the time) ”risky” dance moves.  The articles in this carnival have nothing to do with Tom Cruise or the movie - but they are all about Risk:  investment risks, health risks,  insurance risks, bankruptcy risks, and mortgage risks.  Enjoy!

Investment Risks

Aussie blogger John Ray, host of Greenie Watch, thinks that a lot of Wall Street’s recent problems are due to “garbage in, garbage out.”

Praveen helps us out with Fannie Mae: Followup to Five Stock Picking Ideas posted atMy Simple Trading System .

Silicon Valley Blogger takes a look at The Brand New World Of Peer To Peer Lending on The Digerati Life. She gives us a discussion of peer-to-peer lending and the issues of risk involved with this new lending system.

Silicon Valley Blogger also gives us suggestions for what to do during times of high risk: Best Places For Your Money When The Stock Market Tanks posted at The Digerati Life.

Leon Gettler talks about Volatility rules over at Sox First. The recent volatility is a sign of things to come for investors and points to the risks ahead. Volatility is significantly greater in down markets than boom markets. The reason? Traders, like gamblers, chase losses. If they’ve lost lots of money, it’s tempting to make big bets to try and get it back.

Dan Blum, writing at the Security and Risk Management Blog, weighs in with some risk management lessons we should be learning from the market meltdown.

Raymond wants to know Is My FDIC Insured Checking Or Savings Account Safe If My Bank Fails? with his blog post at Money Blue Book.

Ironman presents Moral Hazard 101 posted at Political Calculations. He asks the questions, “How seriously should a typical American take all the latest market meltdown news? And who should really be concerned about the risk they’ve taken on in recent years?”

Sun wants us to know More Disturbing Facts on Banks. You can read them at The Sun’s Financial Diary.

Debt Freedom Fighter presents Discover Debt Freedom!.

Money Answer Guy wonders Which High yield Savings Account Should I Get? At The Money Answer Guy .

Health Risks

On the health front, Breast Cancer Blog has some startling and helpful news on how young women can reduce their risk of developing that dreaded disease.

Jason Shafrin talks about Age Inflation at Healthcare Economist. The Healthcare Economist examines the possibility of indexing entitlement program eligibility to life expectancy.

Save Money tells us how to Get FREE Gift Cards from Blue Cross Blue Shield at How I Save Money.net .

David Williams says if you Teach a man to fish, you kill off the next generation of women posted at Health Business Blog. He says, “In Kenya, young women risk their lives to help their relatives get access to fresh fish.”

Insurance Risks

Tisha Tolar here at American Consumer News wonders Is Life Insurance for Kids a Waste of Your Money?

Henry Stern, LUTCF, CBC has Some Thoughts on AIG on his blog, InsureBlog. Risk and insurance go hand in hand, right? InsureBlog’s Henry Stern thinks that the government’s “bailout” of AIG bodes ill for the future of risk management and insurance.

Livingalmostlarge wonders about Health Care Reform? at LivingAlmostLarge. Where are we moving for health insurance as a country?

Bankruptcy Risks

Bankruptcy Access presents File Chapter 7 Bankruptcy posted at
BankruptcyAccess.com. Find out about Chapter 7 bankruptcy and how to file if you need to.
 
Ace Elliott wants to help your credit with his post, Bankruptcy - The Last Resort at Care on Credit. Learn about the types of bankruptcy you can file for, the process, and some alternatives to bankruptcy.

Mortgage Risks

 Dave Peeples wants to know Who Says it’s a Good Time to Buy Short Sales? posted at ShortSaleblogger.com. He says, “everyone says that now is the time to be buying real estate. Is anyone actually buying now?”

Joe Manausa presents The Sign Is Up - Is Your Home Sold? over at Tallahassee Real Estate Blog. During the booming real estate market of 2004-2006, it seemed all a homeowner had to do to sell a home was put a sign in the yard and then start evaluating offers. This is not so much the case anymore, we are back to a “normal” real estate market, where buyers are drawn to value.”

Joshua Dorkin knows when to hold ‘em… Gambling at the Foreclosure Auction: High Stakes on Real Estate Investing For Real .
 

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