By 2 Cents on April 27th, 2011 | Category: Money Psychology |  Obstacles are like wild animals. They are cowards but they will bluff you if they can. If they see you are afraid of them… they are liable to spring upon you; but if you look them squarely in the eye, they will slink out of sight.
~ Orison Swett Marden
Do you have financial goals that you just haven’t been able to achieve? Maybe you’ve always wanted to set up a budget, but you just haven’t found the time. Maybe you want to learn more about investing or economics, but you just don’t know where to start. Before you know it years pass by, you’re no closer to your goals and you’re left wondering why.
All of us face different financial obstacles. Some of us have a hard time figuring out how to earn more income. Others have plenty of income, but struggle to save [...]
Read on and enjoy … 5 Ways to Clear Financial Obstacles
By 2 Cents on March 11th, 2011 | Category: Carnivals | Best Personal Financial Planning and Personal Investment Articles this Week from Personal Finance Blogs
Carnival of Financial Planning – Edition #175 – March 11, 2011
Welcome to the March 11, 2011 Edition #175 of the Carnival of Financial Planning.
The Carnival of Financial Planning takes a long-term view of personal financial planning for individuals and families. We focus on efficient and sustainable personal financial planning practices that can lead to lifetime financial security.
This edition is arranged by subject heading, so that you can browse efficiently.
Enjoy!
The Skilled Investor, Editor
Budgeting and Economics
The Financial Blogger presents What We Can Learn From The Financial Crisis posted at The Financial Blogger, saying, “What the recession has shown us about money management.”
Intelligent Speculator presents Is Facebook’s $75 Billion valuation getting out of hand? posted at Intelligent Speculator, [...]
Read on and enjoy … Carnival of Financial Planning – Edition #175
By 2 Cents on November 26th, 2010 | Category: Book Reviews |  Our generation might have grown up in an era of relative opulence, but as I make use of a closet full of second-hand baby clothes and a hand-me-down crib, I can’t help but feel lucky that we had the chance to learn some of that old-school frugality.
~ Kimberly Palmer
Today’s opening quote comes from a new book by Kimberly Palmer, the Alpha-Consumer blogger and columnist for US News & World Report. It’s called Generation Earn: The Young Professional’s Guide to Spending, Investing, and Giving Back. It hit the shelves shortly after Kimberly and her husband welcomed their first child, so she’s knee-deep in all of the opportunities and challenges she discusses in the book. You can win a free copy by leaving a comment below. (Sorry, but this particular draw is only available to U.S. readers.)
The “generation” referred to in the title and [...]
Read on and enjoy … Book Review: Generation Earn
By 2 Cents on September 3rd, 2010 | Category: Book Reviews | . . . too many people are unwilling to do what’s necessary to get their financial house in order. . . . Everyone wins when we have our financial affairs in order.
~ Scott Feher, Your Life & Your Money
If you’ve been reading this blog for any period of time at all, you know that I write a lot about imbalances in the global economy and in our society at large. Scott Feher, author of Your Life & Your Money, seems to have noticed some of the same trends. He writes:
“We live in an age of delusion. . . . Our biggest delusion is a sense of entitlement. . . . People delude themselves into believing everything is fine while engaging in behavior that’s definitely not fine. Then, when something goes wrong, they stand there blankly and do nothing about it, expecting somebody [...]
Read on and enjoy … Book Review: Your Life and Your Money
By 2 Cents on August 25th, 2010 | Category: Investing | Accidents, and particularly street and highway accidents, do not happen – they are caused.
~Ernest Greenwood
Accidents in the financial markets do not just happen either. They often result from conditions that persist for quite some time before some seemingly insignificant bend in the road causes us to veer off course and wind up in a ditch. How long did a chorus of critics warn of a bubble in the U.S. housing and structured finance markets before it actually popped?
In traffic parlance, a rollover accident is one in which a vehicle ends up on its roof or side, usually as a result of one of these factors: excessive cornering speed, tripping, collision with another vehicle or object, or traversing a critical slope, such as when a vehicle crosses a ditch.
Rogoff and Reinhart, authors of the book This Time Is Differentobserve that “what one does [...]
Read on and enjoy … Is the Market Headed for a Rollover Accident?
By 2 Cents on August 20th, 2010 | Category: Investing | Torture numbers, and they’ll confess to anything.
~Gregg Easterbrook
Update: This article was featured in the Carnival of Financial Planning 08-27-2010 posted at The Intelligent Speculator. Thanks!
I hadn’t planned on posting today since I’m supposed to be on vacation. But I saw an article last week that I just had to comment on, so I decided to put up a little Friday Food for Thought today. The article in question claimed to explain Why the Economy is Not Relevant to Investing.
Some of you will read that title and immediately decide that the premise is ridiculous. Still, if you’re as curious as I am, it’s just ridiculous enough to make you want to read what the author has to say. I’ve written before that economic information is like a financial weather forecast and I’ve done my best [...]
Read on and enjoy … Why the Economy Most Certainly Is Relevant to Investing
By 2 Cents on August 13th, 2010 | Category: Investing | This is a guest post by Ian, who was kind enough to share his responses to our recent investor sentiment survey, in which I asked Have You Lost Faith in the Markets? These are his responses to the 10 questions I asked:
1. Do you feel differently about investing than you did 5-10 years ago?
Yes. I once felt that stock markets were too large to be manipulated – until the crash. The lack of enforcement of regulations means just about anything goes, especially in an environment where the self interest of the power players comes first.
2. If you are new to investing, are you reluctant to get started?
Not new to investing.
3. Have the market crashes of the past 10 years changed your view of investing?
Read on and enjoy … Investor Sentiment Survey: Ian’s Response
By 2 Cents on August 9th, 2010 | Category: Investing | This is a guest post by Marc Saunders, who was kind enough to share his responses to our recent investor sentiment survey, in which I asked Have You Lost Faith in the Markets? These are his responses to the 10 questions I asked:
These are some good and thought provoking questions that everyone should answer for themselves before they ever get near a market. I could write book based on these, but I’ll try to be short and pithy:
1. Do you feel differently about investing than you did 5-10 years ago?
No. I feel like I always have. If you study the market (US market) going back to the 1800s, you’ll see it’s no different than it ever was… it goes up, down, and sideways. The only difference is that now we’re in a secular bear market, so we [...]
Read on and enjoy … Investor Sentiment Survey: Marc’s Response
|
|
Recent Comments