More Articles I liked this week
Dawn reposts a really great message she received. You CAN teach an old dog new tricks! It just takes some time, patience, and leading by example.
Jonathan writes about learning your lesson as a newbie investor. Hello! Read the fine print! There are no guaranteed investments in the stock market! If you can’t afford to lose your shirt, perhaps you shouldn’t play? I don’t know. I got all irritated in my comment. The guy quoted sounds like he really didn’t understand that he could lose money and then got all whiny when he did. I’ve lost thousands of dollars and I haven’t sweated it much. I’ve also gained quite a bit of money too and I treat the lost funds as lessons learned rather than cry about it and try to time the market to make up the difference. Some people can’t keep their impulses and emotions out of their finances. Every time I want to freak out, I just remind myself, ‘Dollar Cost Averaging’ and my breathing returns to normal.
Jane Dough aka BostonGal on Roth IRA’s. It’s got a repost of a CNN/Money breakdown of why a Roth IRA is going to give you better overall returns than a traditional IRA. This means I should start pumping up my Roth IRA!
CNN/Money on some money savvy tips. They’re very basic things to keep in mind and not hard to understand.
Debt Hater, on my favorite topic, mind-money. She’s talking about debt. Why not read and add a comment? Her commenters have said some pretty interesting things about their personal relationships with money.
Free Money Finance on saving money buying soda and coffee. I have to tell you, if you bring a thermos of coffee from home, it probably tastes better than the motor oil you get for free at the office. However, I am lazy and I prefer the free bad stuff than waking early and making coffee.
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