Comments on: Here’s a chat transcript of my friend and me talking about investing and asset allocation http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/ 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, 8 Nov 2009 06:09:27 -0800 http://wordpress.org/?v=abc hourly 1 By: 2million's personal finance blog http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-42614 2million's personal finance blog Mon, 03 Dec 2007 06:35:49 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-42614 I opened several ING sub accounts when they first became known and ING quickly closed my accounts and transferred all my money back into my linked account with no explanation. I opened several ING sub accounts when they first became known and ING quickly closed my accounts and transferred all my money back into my linked account with no explanation.

]]> By: Carlin http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-42288 Carlin Thu, 29 Nov 2007 18:17:48 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-42288 I wouldn't call Kiva charitable because you're getting repaid. You aren't making a donation. Also, stimulating economies by offering entreprenuers capital can indirectly benefit the lender in the long run. As their businesses and economy grows, they're more likely to want or need goods and services that companies we run, work at, etc provide, which indirectly benefits us. It'd be difficult to put an exact dollar amount on it, but I would think that the trade opportunities that arise over time could be considered "interest". I wouldn’t call Kiva charitable because you’re getting repaid. You aren’t making a donation. Also, stimulating economies by offering entreprenuers capital can indirectly benefit the lender in the long run. As their businesses and economy grows, they’re more likely to want or need goods and services that companies we run, work at, etc provide, which indirectly benefits us.
It’d be difficult to put an exact dollar amount on it, but I would think that the trade opportunities that arise over time could be considered “interest”.

]]> By: CN http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-42176 CN Wed, 28 Nov 2007 18:43:10 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-42176 Kiva sounds like a great organization, but from what I could tell at their website, their loans charge no interest at the moment. If that's the case, I'd suggest re-categorizing it as a charitable organization rather than a 'high-interest' option. I'm a relatively new member to Prosper, but that shows great promise and has a good track record from those who referred me. Would definitely recommend this (or similar lending websites) on a small amount trial basis, at least. Kiva sounds like a great organization, but from what I could tell at their website, their loans charge no interest at the moment. If that’s the case, I’d suggest re-categorizing it as a charitable organization rather than a ‘high-interest’ option.

I’m a relatively new member to Prosper, but that shows great promise and has a good track record from those who referred me. Would definitely recommend this (or similar lending websites) on a small amount trial basis, at least.

]]> By: Build & Succeed - My Personal Finance Blog » Top 5 Personal Finance Links http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41938 Build & Succeed - My Personal Finance Blog » Top 5 Personal Finance Links Mon, 26 Nov 2007 19:42:57 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41938 [...] Chat Transcript of my friend and me talking about investing and asset allocation  Ramit at I Will Teach You To Be Rich posted an entertaining post yesterday which is simply a conversation with his friend. Pretty funny. [...] [...] Chat Transcript of my friend and me talking about investing and asset allocation  Ramit at I Will Teach You To Be Rich posted an entertaining post yesterday which is simply a conversation with his friend. Pretty funny. [...]

]]> By: Moolanomy weekly roundup #16: “Prosper” edition | Moolanomy http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41829 Moolanomy weekly roundup #16: “Prosper” edition | Moolanomy Sun, 25 Nov 2007 14:06:25 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41829 [...] I Will Teach You To Be Rich suggested Prosper to his friend. [...] [...] I Will Teach You To Be Rich suggested Prosper to his friend. [...]

]]> By: Patoka http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41824 Patoka Sun, 25 Nov 2007 12:39:52 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41824 I enjoy reading your blog and learning new money making tips...however...due to the economic pit falls (NAFTA, corporate bankruptcies, downsizing...I've been hit with them all) I have no money to invest in these plans. In fact I need to add to my income substantially. Any advice? I have a degree but work on a production line since I cannot find another job in my area. I work all the overtime possible. Due to othe economy, my credit is trashed. Where am I to go from here? I enjoy reading your blog and learning new money making tips…however…due to the economic pit falls (NAFTA, corporate bankruptcies, downsizing…I’ve been hit with them all) I have no money to invest in these plans. In fact I need to add to my income substantially. Any advice?

I have a degree but work on a production line since I cannot find another job in my area. I work all the overtime possible. Due to othe economy, my credit is trashed. Where am I to go from here?

]]> By: Alexis Neely http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41596 Alexis Neely Fri, 23 Nov 2007 05:13:03 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41596 Hey Ramit, I loved the SFGate article. I've got a great asset allocation option for you to look at. It's at www.Oncubic.com and was started by a friend of mine who is a Fee-Only financial advisor and can really only work with people with 1-2 million in investable assets, minimum. But, he wanted to give people with less investable assets access to the same awesome asset allocation he can provide his large clients. Check out the portfolios and let me know what you think. From what he says, you can't get better fee ratios and it's for people who are looking to pretty much set it and forget it. The portfolios are well tax-managed as well. I'd love to hear your thoughts on it as a less time-intensive option for busy folks whose eyes glaze over when the words asset allocation are spoken. Alexis Hey Ramit,

I loved the SFGate article.

I’ve got a great asset allocation option for you to look at. It’s at http://www.Oncubic.com and was started by a friend of mine who is a Fee-Only financial advisor and can really only work with people with 1-2 million in investable assets, minimum.

But, he wanted to give people with less investable assets access to the same awesome asset allocation he can provide his large clients.

Check out the portfolios and let me know what you think.

From what he says, you can’t get better fee ratios and it’s for people who are looking to pretty much set it and forget it. The portfolios are well tax-managed as well.

I’d love to hear your thoughts on it as a less time-intensive option for busy folks whose eyes glaze over when the words asset allocation are spoken.

Alexis

]]> By: Joe http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41562 Joe Thu, 22 Nov 2007 17:01:48 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41562 Ramit: "if you are really lazy, i can send you mine" How about posting yours? I think I'd learn a lot more from an example here than from a list of links. Ramit: “if you are really lazy, i can send you mine”

How about posting yours? I think I’d learn a lot more from an example here than from a list of links.

]]> By: JohnofScribbleSheet http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41548 JohnofScribbleSheet Thu, 22 Nov 2007 11:50:17 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41548 I think asset allocation is one of those things people forget about. They obsess too much on the investment method (property, stocks, art etc) and forget that its the strategy (asset allocation being crucial to this) which truly matters. I think asset allocation is one of those things people forget about. They obsess too much on the investment method (property, stocks, art etc) and forget that its the strategy (asset allocation being crucial to this) which truly matters.

]]> By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation/comment-page-1/#comment-41487 Ramit Sethi Wed, 21 Nov 2007 23:34:25 +0000 http://www.iwillteachyoutoberich.com/blog/heres-a-chat-transcript-of-my-friend-and-me-talking-about-investing-and-asset-allocation#comment-41487 P, the book will be out sometime in 2008 -- not soon enough for this Christmas! Sorry about that. Maikeru, thanks for the comment about the ads. I've just gotten a couple other similar emails today, so I'm talking with my ad guy about removing them. I take all comments about my <a href="http://www.iwillteachyoutoberich.com/blog/testing-ads-on-iwillteachyoutoberich-for-3-months" rel="nofollow">advertising experiment</a> seriously, so I appreciate your comment. P, the book will be out sometime in 2008 — not soon enough for this Christmas! Sorry about that.

Maikeru, thanks for the comment about the ads. I’ve just gotten a couple other similar emails today, so I’m talking with my ad guy about removing them. I take all comments about my advertising experiment seriously, so I appreciate your comment.

]]>