If you’re in a bad situation, don’t worry. It’ll change. If you’re in a good situation, don’t worry. It’ll change. ~ John A. Simone Sr. Update: This post is featured in the Carnival of Personal Finance #252 at The Wisdom Journal. Thank you! I’ve written before that I’ve learned quite a bit about investing and… Continue Reading
Tag Archives: risk
Capitalism’s 3 Children
We live in a world in which politics has replaced philosophy. ~ Martin L. Gross, A Call for Revolution, 1993 Update: This article was featured in the Carnival of Financial Planning #137 posted at The Skilled Investor. Thank you! What’s the difference between politics and philosophy? It seems to me that philosophy is about searching… Continue Reading
Risk vs. Reward: The Ultimate Calculation
Who can hope to be safe? who sufficiently cautious? Guard himself as he may, every moment’s an ambush. ~ Horace Update: Thanks to the Mighty Bargain Hunter for including this article in the Carnival of Personal Finance: Unanswered Questions Edition. You’re at a fork in the road. Which way do you go? We face decisions… Continue Reading
Should You Invest in Stocks?
Progress always involves risks. You can’t steal second base and keep your foot on first. ~ Frederick B. Wilcox Update: This post is included in the Carnival of Personal Finance #249 posted at Amateur Asset Allocator. Thanks! Regular readers know they’re not going to get a yes or no answer to the title question. If… Continue Reading
Where Are Interest Rates Going?
Credit buying is much like being drunk. The buzz happens immediately and gives you a lift . . . The hangover comes the day after. ~ Joyce Brothers Update: This post is featured in the Money Hackers Carnival #103 at Need Money Tips. Yesterday’s post outlined in detail the debt overhang that I believe will… Continue Reading
10 Reasons to Be Cautious Right Now
The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced if the nation doesn’t want to go bankrupt. People must again learn to work instead of living on public assistance. ~ Cicero, 55 B.C. It’s hard… Continue Reading
Book Review: Enough Bull
People on commission cannot be trusted. ~ David Trahair, Enough Bull, p. 121 This book came out in August of 2009. By that time, the market tailspin had finally subsided and many investors have since felt comfortable diving back into the investment pool. David Trahair would probably advise against that. This book was billed as… Continue Reading
RRSPs: What Should You Put in Them?
The road leading to a goal does not separate you from the destination; it is essentially a part of it. ~ Charles DeLint Update: This article appears in the Carnival of Personal Finance #242 – Fun Tax Facts at Cash Money Life. Thanks Patrick! Yesterday we began a series on RRSP Basics with a primer… Continue Reading