Take 5: A Roundup of Reads From Around the Web

A look at five interesting personal finance posts from other bloggers around the Web. This week: Homer Simpson’s business advice, redneck investment advice, a recession primer, a PMI story, and an inspirational question.

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Better Investing

1. Homer Simpson’s top 10 business ideas

[Saving Money Today] If ever a post should come with a do-not-try-this-at-home warning, this is it. While a hilarious read, you certainly don’t want to spend your own money on “Compu-Global-Hyper-Mega-Net” or “Simpson and Son’s Revitalizing Tonic.”

2. Redneck dividends

[101 Centavos] This is an investment blog, and I generally frown on those – at least I show you exactly what I’m doing before I recommend anything. But this is also good for the politically incorrect laughs. (“What do rednecks call duct tape? Chrome.”)

3. What is a recession?

[Wealth Pilgrim] OK, this isn’t funny. But it’s a nice, short primer that explains everything we’ve been going through for the past few years.

4. Eliminating private mortgage insurance – an update

[Cash Flow Mantra] We’ve briefly railed against PMI, but this personal tale of trying to get rid of it is both interesting and infuriating.

5. Love the life you’re living

[Aaron Hung] Sometimes, a basic post asks just the right question: “Are you spending too much money on the lifestyle that you want, rather than the lifestyle that you have?”

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