Meg from World of Wealth wrote this post about “The best investment” talking about a quote from Ben Stein.  He says “the best investment is buying something you want.”  He got this from Milton Friedman, as a comparison that you can’t judge your returns on stocks and investments, but you do know the pleasure you’ll [...]

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It’s November and nearly the end of the year.  Many investment advisors, personal finance advisors suggest looking at your portfolio at the end of the year and reevaluating your diversification and investment strategy.  December is a great time to harvest gains and take some losses as well.  But honestly the weeks between Thanksgiving and New [...]

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My mom was talking about how hard it is to part with homes.  She is worried about the housing market, and yet is still looking at buying a 4th home with a mortgage.  A friend of mine is attached to their home because they lost money on it probably.  Thus they were talking about trying [...]

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My cousin is just starting out his first job.  Advice from his parents, friends, and family?  Start saving for retirement.  But no one is giving him any help other than invest now, the market is low.
So should he do a Roth IRA or 401k?  Well a Roth IRA is great if you qualify for it. [...]

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I think this an interesting article and video from a Swiss Psychologist thinks about the “5 Stages of Grief Investing.”  Basically she applies typical psychoanalysis to what people are going through as they suffer through today’s economy.  What are the five stages?
First up – Denial.  It’s where you refuse to believe that acknowledge the economy [...]

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Nickel from FiveCentNickel, asks “How is your Risk Tolerance Holding up?”  With the market and US economy in shambles are you practicing what every investor preaches?  Buy and hold for the long term.  Don’t worry about the short term but look long term?  Are you really walking the walk?
I mentioned that I had peeked at [...]

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On Black Friday we decided to purchase a car stereo for $99 with free installation for my DH’s Ford Focus. It came out to $170 after taxes and buying cables to attach the stereo to the car. I thought wow pricy!
But here’s what it really bought me. Time. My DH loves [...]

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Okay I peeked.  Yep I looked to see what was going on with our accounts.  So what happened?  We have $54k in retirement savings.  We started the year with $68k and added $25.5k with a Roth IRAs and 401k maxed out.  We also got a $5700 company match.  So we “added” $29.6k thus far this [...]

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Okay, since I’m posting my net worth, I am probably going to be ready to cry soon. I know our investments are down like 30-40% for the year.  Sure it’s bad but we’ve got time to rebound and recoup.  We’re still investing and sitting tight. No panicked selling though I have to reconsider what we [...]

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Today DH’s ESPP bought his company stock at a 15% discount.  It happens every three months.  It’s been a good savings vehicle for us for tuition, home repairs, etc.  We save 10% of our salary and get about a 10% return when we sell the stock immediately.  However, it does take a few days to [...]

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