I hardly ever post on weekends, but I was reading this forum thread today and I almost vomited in my own mouth while struggling not to throw my computer out the window.
Read this forum thread: What should I invest in?
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LISTEN VERY CLOSELY PLEASE. JUST BECAUSE SOME PEOPLE ON THE INTERNET TOLD YOU TO [...]
Two answers:
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1. Invest (Consumer Reports)
2. Run the numbers (Get Rich Slowly)
The key thing here is to actually do an analysis, as opposed to throwing around hand-wavy arguments like “Renting is throwing your money down the toilet” and “Leverage always makes you money.” If you make a financial decision that will cost you hundreds [...]
Just got this email from Christine, a self-described “trust fund baby” who asked for advice. What would you recommend?
I am a 22 year old female in my last year of college. I never learned how to manage my money. If I got money, I spend it. So, freshman year of college, a credit card seemed [...]
While I was in New York a few weeks ago, I stopped by to meet Jonathan Clements, the former columnist for the Wall Street Journal — which I thought was the best personal-finance column in the country. (Here’s one of his columns: Twenty Tips for No-nonsense Investing.)
Jonathan is now the director of financial guidance at [...]
July 23, 2008:
Financial Stocks Rise Wondrously on Woeful Results
“…triggered a rally in financial stocks. A Standard & Poor’s index of 29 companies — including lenders, Wall Street firms and money managers — has jumped 31 percent since July 15…
Some words used in this article: “triggered a rally, jumped, climbed, bounced back, progress, profitable, whopping number, [...]
…is the phenomenal New York Times article written about how a woman named Diane McLeod got into thousands of dollars of debt. It’s remarkable because it includes a rich set of multimedia features that let you understand how many of us get into so much debt — and also allow you to compare yourself to [...]