Take 5: A Roundup of Reads From Around the Web

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This week: Dumb stock picking moves, smart strategies for selling online, why you got turned down for an apartment, how to blow your vacation budget and how tattoos may soon replace credit cards.

1. You Can’t Leave Home Without It: A Temporary Tattoo Could Replace Your Credit Card

[Credit.com] “MC10, a healthcare technology company, is developing tattoo wearables that can affix to a payer’s body as a breathable, waterproof NFC, or near-field communication, payment solution. Think of it as a tattoo that can give you far more than just street cred.

This article describes a potential new method to pair your smartphone with a sticker you’ll put on your skin. Once attached, you’ll be able to do things like buy stuff, enter a concert or amusement park, get into a hotel room and more, all without carrying a wallet or purse.

What will they think of next?

2. 7 Small Expenses That Can Blow Up Your Vacation Budget

[The Dollar Stretcher] “You are finally taking that long-awaited vacation. You’ve thought of everything, including travel, hotel and food. You budget accordingly and then realize three days into your week vacation that you’re running out of money. What happened?”

Here’s what happened: You fell into the impulse buy traps found everywhere on vacation. They include airport amenities, souvenirs, room service, health and beauty products you forget to bring and more. Check out the post for details, then see our recent story, “13 Simple Ways to Save on Your Summer Vacation.”

3. 10 Reasons Why You Didn’t Get the Apartment You Wanted

[Credit Sesame] “So you think you’re the perfect renter and you should be able to just pay the money and be accepted into any building or rental house you want? Not so fast! Landlords and leasing agents look for a lot more than just money.”

We recently gave you bad news about the costs of renting in “12 Overlooked Costs of Renting an Apartment.” This article won’t make you any happier. Written by a landlord, it offers reasons for rejection, from bad credit to not having a bank account. About to go apartment hunting? Check it out.

4. 10 Tools for a Successful Online Sale

[Debt.com] “Haven’t used the old console in a few months? Selling your unused stuff online is a great way to make extra cash. Here are some tips to make sure you get the best deal out of it…”

If you’re going to sell your unwanted stuff at a yard or garage sale, check out our recent story. But if you find online selling simpler, click on this one. Tips include how to write the ad, take the pictures, set the price, determine the best places to post your ad and lots more.

5. 7 Dumb Stock Picking Mistakes Even Smart Investors Make

[Wise Bread] “Even some of the smartest (and luckiest!) investors make mistakes sometimes. Here are seven dumb mistakes to watch out for the next time you’re picking investment options.”

Since I’m a former stockbroker and have been personally buying stocks for 35 years, this headline caught my eye. The mistakes include having no investment goals, ignoring your risk tolerance, paying too much in fees and putting too much into one stock. And in case you’re wondering, yes, at one time or another, I’ve committed all of these investment sins.

Don’t forget to share your thoughts and reactions in comments below or on our Facebook page.

Stacy Johnson

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I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


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