A few weeks, is simply too much to write about. This is one of the weeks. [Note that I set the painful typo, no need to say anything new!] Not only is my brain percolating with my own ideas for articles, but internet is strongly with interesting stories about personal finance. Pity the blogger with a ton of footage!
Instead of time waste with a long introduction, I will jump in full. Here are some recent articles that Folks you sent me, or I've found from my own navigation through the web:
At the beginning of this week, I sang the praises of index funds. If you are interested in index funds, but don't know where to start, can be considered transferable funds or ETFs. Almost all ETFs are index funds, but are traded like stocks. Confused? Kiplinger has an informative article about how ETFs work for you. This is not only one piece wind light; contains solid information.
Elsewhere, lovable Curmudgeon Warren Buffett is the new. You have a talent for making Liberals and conservatives angry. In this case, that Buffett says that the rich should pay higher taxes. "Taxes for the lower and middle class, and perhaps even the upper middle class should even be probably cut," Buffett told ABC News. "But I think that people in the high-end: people like me - you must pay taxes on much more." "You have best of what we have."
Then reader GRS Brendan Quinn sent me a link to the presentation that recently gave to colleagues at Boston College. In his talk entitled your money: buy Anything You Want, guilt-free, Brendan covers what he calls three rules of personal finance:
Spending less than earn.Make has work for you.Prepare for the unexpected.I think it is great to see students to take the initiative to teach others about of financial literacy. Great work, Brendan!
Last week, The New York Times published a story about Nick Martin, who inherited from $ 14 million (10 million after-tax dollars) in 1998. "But as so often happens to those lucky to realize the American dream of sudden riches," writes Geraldine Fabrikant, "money slipped on the Martins fingers faster than they ever imagined." I used to make fun of people who squandered sudden riches like this (and there are countless similar Tales), but lately I'm more sympathetic. As flexo consumer comment wrote about this story, "is easy to be subjective." The Internet is a place where you feel comfortable armchair quarterbacks. Very few people know what would happen if the same situation: an unexpected extra - occurs to them. "
Finally, there are two recent articles USA Today. Cindy Perman has a long (and controversial) piece on Americans die with debt. Many boomers have little saving for retirement. But more than that, the article reports that "nearly 40% of retired Americans said that they have accumulated in his later years - credit card debt and aren't concerned about paying off in his life". In happier news, here is a short piece of a man homeless Arizona who returned a backpack containing $3300 effective and a laptop. It is now an impressive history.
There are lots of other great stories from my stack, but this is one of the largest "spare change" raids I never published. We will call this good by now.
This article is about the spare change
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