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- Thank goodness for your acknowledgment of the dangers of aspartame. My dad always bugs me about having a Dr. Pepper once a week, while he's chugging down 3-4 diet Cokes every day. ::rolls...
- I am so torn on this. On the one hand, Mitt Romney, whom I don't like, says let the auto makers figure it out themselves. On the other, Jeff Sachs, whom I admire, says bail them out. What to...
- I read the link to the nytimes blog, too. My biggest concern is that there will be some sort of social unrest. I think the recent developments - spending tons of bail-out money - may be the last...
- I am starting to think that the time to cash out of any market is the first time you hear three analysts in the media in one day say or write something to the effect of "This time it is...
- I read somewhere that approximately three positive moments are needed to counteract one negative one. Als, keeping a journal of daily positive moments helps you be less negative, suuposedly. -Neko...
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life, family, the world, wealthbuilding and the pursuit of happiness
If you have never invested anything before - nothing - what should be your very first investment?
I am not a financial advisor, so take this with a grain of salt - you should consult with someone who knows your unique situation and can provide advice specifically for you. That having been sai ... Continue reading »
I am not a financial advisor, so take this with a grain of salt - you should consult with someone who knows your unique situation and can provide advice specifically for you. That having been sai ... Continue reading »
11 months ago
I'd just like to point out that over analyzing can be a lot of fun sometimes!
Mike
11 months ago
11 months ago
11 months ago
Matt, I couldn't agree more. Investing, especially at first, is definitely not any easier if you sit there palpitating every time the market goes up 1% or down 1%. Ignorance is sometimes bliss...
11 months ago
11 months ago
Great post - glad to see you advocating keeping things simple. I agree that until you get into hefty savings and investments over engineering strategy is pointless. Cutting out a few expensive dinners and socking away the cash somewhere will have more impact than splitting hairs over different accounts.
11 months ago
11 months ago
Mark: You just wrote step 3.5. You're right, getting educated before getting fancy with more sophisticated investing is critical.