Life is the sum of all your choices. ~Albert Camus Update: This article was included in the Carnival of Wealth #6 posted at Personal Dividends. Thanks! Many have described the current economic and investing environment as uncertain and confusing. Indeed, individual investor sentiment as tracked by the AAII survey has flip-flopped from decidedly negative at…
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The following is a guest post by Jim Yih, a fee-only advisor, best-selling author, financial expert, and syndicated columnist. Currently, Jim specializes in putting financial education programs into the workplace. For more information you can visit his websites at Retire Happy or Wealth Web Gurus. Variable Returns Create Timing Risk One of the problems of…
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Put not your trust in money, but put your money in trust. ~ Oliver Wendell Holmes Our financial system operates on trust. When you put your money into a bank, you trust that it will be there when you want to take it out. When you put money in the stock market, you expect ups…
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A dollar picked up in the road is more satisfaction to us than the 99 which we had to work for, and the money won at Faro or in the stock market snuggles into our hearts in the same way. ~ Mark Twain Update: This article was included in the Carnival of Personal Finance #268…
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Invest a few moments in thinking. It will pay good interest. ~ Author Unknown Update: This article appeared in the Canadian Personal Finance and Investing Carnival posted at Investing Thesis. Thanks! We’ve been talking about bubbles all week. So far, we’ve outlined 5 financial bubbles and 5 socioeconomic bubbles that could affect your money and…
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Economic advance is not the same as human progress. ~ John Clapham Update: This article was included in the Carnival of Personal Finance #267 at Beating Broke. Thanks! We’ve heard a lot about bubbles in the economic world over the past decade – so much, in fact, that it seems like we might be facing…
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There’s more than one answer to these questions Pointing me in a crooked line. And the less I seek my source for some definitive The closer I am to fine. ~ Indigo Girls, “Closer to Fine” Those of you who have been reading Balance Junkie for a while you know that my economic forecast is…
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We are too busy mopping the floor to turn off the faucet. ~ Author Unknown Update: This article is included in the Carnival of Personal Finance #258 at Money Relationship. Thanks! This time is different. Experts often say that these are the four most dangerous words an investor can utter. The expression refers to the…
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