I read The Four Pillars of Investing and I will summarize the four pillars for you1. Get2. An3. Index4. Fund
― Word of Wisdom Robots (Abbbottt), Tuesday, 22 May 2012 03:30 (1 year ago) Permalink
I used to read personal finance blogs all the time and they eventually coalesced into a blur of sameyness but I learned a lot from them. My favorite one was this:http://www.getrichslowly.org/blog/
He makes saving seem pretty easy and doable; esp bcz his personal story involved pulling himself out from being deeply ensconced in debt (from comic books, god bless him! <3). It ranges from entry level to intimidating (for me) parts of finance. A nice and helpful blog.
― Word of Wisdom Robots (Abbbottt), Tuesday, 22 May 2012 03:34 (1 year ago) Permalink
Yeah, I'm familiar with the philosophy behind index funds -- basically, you, ordinary person, are never going to beat wall street slicksters over the long term, so the best you can do is use the lowest cost means of investing in a broad swath of the market. Seems about right.
I think if I actually had any real money to invest I'd consider buying a rental property right now, like a studio or one br.
― this guy's a gangsta? his real name's mittens. (Hurting 2), Wednesday, 23 May 2012 13:44 (1 year ago) Permalink