brip blap - Latest Comments in true diversification

Re: true diversification

Amanda @ Me vs Debt — Tue, 15 Jan 2008 05:59:16 -0000

Great post! I have to agree with you - some investments have value beyond financial. My college degree was the best investment decision I've ever made. Being well l paid is one thing, but having a job that I love makes it all worth it.

I've made a couple of loans on Prosper, even though I'm mainly a borrower. It made me feel good to help out people that were stuck in bad situations.

And ditto on blogging. The things I've taken in from the blog community are far more valuable than the financial return alone.

Re: true diversification

Steve (Brip Blap) — Mon, 14 Jan 2008 20:25:20 -0000

@D4L: I know, it's bad enough just trying to stay diversified in the market, let alone throughout your life!

Re: true diversification

Dividends4Life — Mon, 14 Jan 2008 14:08:16 -0000

That was certainly though provoking. i find myself struggling to stay allocated in the traditional manner. :)

Best Wishes,
D4L

Re: true diversification

Steve (Brip Blap) — Wed, 09 Jan 2008 22:25:14 -0000

MBB: True. I always debate, though, whether ownership of a stock (ETF) that in turn has interests in gold or whatever doesn't still expose you to market risk. Surely the ETF could be subject to pressures in the event of a really severe market downturn - lack of confidence in the overall condition of the market? It's always a vague doubt that I have about investment vehicles that REPRESENT investment in some other asset class.

Re: true diversification

Money Blue Book — Wed, 09 Jan 2008 15:33:39 -0000

I concur - but stocks are easy ways to track other assets as well like real estate, gold, and commodities. I'm sure someone will come up with a p2p lending ETF one of these days
-Raymond

Re: true diversification

Kyle — Mon, 07 Jan 2008 17:35:42 -0000

I like how you think here. Investing is not always about dollars and cents, that is something I have to constantly remind myself.

Re: true diversification

Hunter Nuttall — Mon, 07 Jan 2008 13:46:13 -0000

I like your thoughts about how investing applies to more than just money. I love stocks, but it's important to make investments in non-financial areas to have a balanced life.

Re: true diversification

moneygardener — Mon, 07 Jan 2008 08:43:48 -0000

Very true. That is why I like to take a holistic look at my investments sometimes. Real estate including your primary residence can be something that is very easy to be overweighted in without realizing it.

Re: true diversification

plonkee — Mon, 07 Jan 2008 07:55:14 -0000

I agree. In fact I especially think that investing in society and investing in personal happiness are important. Some of that is via money, but more by time and thought - which nearly everyone should be able to do.