Nice work though. Just bought the book and I am loving it. Respect.

My favorite part is learning how to pronounce Ramit’s name. Uhmmm…she did have it right, didn’t she?

To coin a phrase, DUH! Everyone should have 24 months’ worth of survival money on hand. But not in your savings account, for hevvinsake: at the very least, stick it in a CD; short-term corporate bonds or treasuries would be better. By all means invest aggressively, but keep your survival fund in a conservative interest-bearing instrument.

The Today Show has to cater to so many people, that it can’t possibly please everyone. So the tips the show features has to be “safe” like you mentioned.

But by breaking out of the reserved bubble and pushing for aggressive tips, all of the sudden a show like that gets a whole lot more useful. Not for everyone, but for the audience the tip pertains to, a laser-focused tip with real substance will bring them greater value than a meek “remember kids: be safe with investments.”

Congrats on the awesome Today Show appearance – you keep racking up the media spots. Next goal: the Tonight Show or Late Night

Awesome to see one of “our” guys continue infiltrate the media. Keep rocking and bringing the realness to mainstream television,
Oleg

ps In response to the guy who said he liked your outfit, I’m not sure about the white shoes…

Having a huge chunk of money stashed away would give them a sense of security. She also said that it would stop people from making irrational decisions, which makes sense especially if you’re retired and don’t have a lot of backgrounds in investing. In this case, I think it’s more about the psychological aspect, not so on the monetary side.

Bonds and bills are definitely my investment options, just like Minority suggested. If people would choose to respond, than to react to the stock market, then many of us would be rich. But that’s ideal.

And really having a million dollar when you retire is not really a big deal due to inflation. Assuming 3% inflation, a million dollar 40 years later would really be worth $300k right now (it can get you house though). Similarly, a Big Mac would likely be around 13 bucks 40 years later. Maybe people would eat more McChicken burgers.

Ramit’s advices are spot on. Be aggressive when you’re still young and set up your automation. Enough said. Great job!

Ramit, I’m new to the site and have been recommending everyone I know to check it out, but I wonder something. You may have written on this before so can you recommend, say, ten or so key books on psychology and/or persuasion? I’m a fiend for that kind of stuff.