Image by Getty Images via Daylife How do you decide what stocks to purchase? Which index funds are the best? The problem with finance isn’t the lack of information but rather that there is too much of it. The paradox of choice overwhelms us and in the end, we do nothing, and stick with the [...]
Continue reading...17 January 2010
Image by thinkpanama via Flickr Those real estate agents are tricky, prone to all sorts of chicanery. They will tell you things like “oh, this home is a great investment!” and fill your head with dreams of your home doubling, or even tripling in value. Certainly, you will live here and raise a family here, [...]
Continue reading...13 January 2010
Image via Wikipedia Here’s my first post on investments to buy that aren’t cash or short term cash equivalents. Read up, it’s important. Index Funds are like a mutual fund, but they are set up to mimic indices like the S&P 500 or Wilshire 5000, etc. Here’ s the definition courtesy of Investopedia: A type [...]
Continue reading...8 January 2010
Image via Wikipedia MarketWatch just came out with an interesting article analyzing twelve different retirement calculators (courtesy of the Society of Actuaries) and came to the conclusion that they all, in short, sucked. Here are the reasons they listed as the short comings: Longevity- In other words, how long will you live. Average age is [...]
Continue reading...7 January 2010
Image via Wikipedia Everyone knows that you should invest your money in the stock market, but not a lot of newbies understand a lot of the rationale. Thus, here’s a little investing 101 seminar. Risk/Reward To simplify, the riskier something is, the better the payout should be. For instance, winning the lottery is such a [...]
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3 February 2010
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