Comments on: Email: Should you pay for personal-finance advice? http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 21 Mar 2010 02:45:13 -0700 http://wordpress.org/?v=abc hourly 1 By: Ken http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice/comment-page-1/#comment-36447 Ken Tue, 09 Oct 2007 23:12:11 +0000 http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice#comment-36447 I think newsletter subscriptions are worth it, if you are going to garner some investment ideas from them and if it will make investing fun and interesting for you. Like your blog, you become part of an investing community. The re-occuring theme of starting early and just get started in saving is a message that is said over and over again. But I think the idea of putting your money into Vangaurd index fund is pretty boring for a twenty something year old. And given the choice of putting money in the fund or buying the new iPhone or designer shoes- it's no wonder why they've coined the term generation debt. I started making my own financial choices when I was around 20 yrs old, using an UGMA that my parents started. There was about $20k spread over a couple of stocks. I've picked some winners and some losers over the years. I subscribe to Motley Fool and Jim Cramer's Real Money and Action Alerts. My performance probably isn't much better than one of the major indexes but it makes it exciting, fun and keeps me interested. Now at age 31, I have around $500k in the stock market. This is a great blog, I'm glad I found it today on Yahoo. I think newsletter subscriptions are worth it, if you are going to garner some investment ideas from them and if it will make investing fun and interesting for you. Like your blog, you become part of an investing community. The re-occuring theme of starting early and just get started in saving is a message that is said over and over again. But I think the idea of putting your money into Vangaurd index fund is pretty boring for a twenty something year old. And given the choice of putting money in the fund or buying the new iPhone or designer shoes- it’s no wonder why they’ve coined the term generation debt. I started making my own financial choices when I was around 20 yrs old, using an UGMA that my parents started. There was about $20k spread over a couple of stocks. I’ve picked some winners and some losers over the years. I subscribe to Motley Fool and Jim Cramer’s Real Money and Action Alerts. My performance probably isn’t much better than one of the major indexes but it makes it exciting, fun and keeps me interested. Now at age 31, I have around $500k in the stock market. This is a great blog, I’m glad I found it today on Yahoo.

]]> By: Dennis http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice/comment-page-1/#comment-35621 Dennis Fri, 05 Oct 2007 00:47:58 +0000 http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice#comment-35621 I used Hulbert Interactive for a month to analyze and compare various newsletters and their risk-adjusted returns. The site was also helpful since it lists subscription prices for each company's newsletter...a determinant for ROI for paying for advice. I used Hulbert Interactive for a month to analyze and compare various newsletters and their risk-adjusted returns. The site was also helpful since it lists subscription prices for each company’s newsletter…a determinant for ROI for paying for advice.

]]> By: Jerry Kindall http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice/comment-page-1/#comment-287 Jerry Kindall Fri, 29 Jul 2005 00:27:34 +0000 http://www.iwillteachyoutoberich.com/blog/email-should-you-pay-for-personal-finance-advice#comment-287 If you do decide to pay for a newsletter, a good way to reduce the cost is to go in with a few friends or to swap with someone else. (Doctrine of first sale -- the printed newsletter belongs to you and can be sold, traded, or given away, despite being copyrighted by the publisher.) You can deduct the cost of a newsletter if you itemize deductions, by the way. If you do decide to pay for a newsletter, a good way to reduce the cost is to go in with a few friends or to swap with someone else. (Doctrine of first sale — the printed newsletter belongs to you and can be sold, traded, or given away, despite being copyrighted by the publisher.)

You can deduct the cost of a newsletter if you itemize deductions, by the way.

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