Here’s what an economist had to say about investing on ABC 7 Eyewitness News tonight:
Third quarter 401(k) statements are reaching homes now. Don’t look at your statement.
If you put more money in your 401(k), put it into Treasuries.
If you are thinking about stocks, think again. They look cheap now, but they’ll be cheaper later.
I suppose if you would go insane after seeing your 401(k) balance, it would be a wise decision for your mental health to hide your head in the sand. Times like these test the investor. Putting your money into stocks is risky; if you want the returns touted by finance professionals, you have to accept that risk. It’s easier to accept that risk when the market is moving upwards.
I’m not quite sure the same tips apply to the 25-year-old with 40 years before retirement and the 60-year-old approaching retirement.
This is interesting advice from an economist. What do you think?
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I ended May 2008 by spending $9,943 less than I earned, though I had some help from a $600 tax rebate and an incoming payment for a long-term advertising deal (which already finished its run).
In this post, I’ll take a look at my income and expenses for May to determine whether there are some opportunities for me to earn more and spend less. This report makes sense when viewed in conjunction with May’s balance sheet which shows my account balances and net worth as o... more
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This week, I blasted through the remaining ING Direct Orange Savings Account $25 bonus codes and thanks to Consumerism Commentary readers, I have many more to give away. I sent out emails to everyone on the waiting list and I’m posting links in the order I receive them, two from every volunteer at first. These referrals offer a new customer $25 for signing up, while the owner of the link receives a $10 bonus. I have no more left to give of my own, so I am posting codes provided by re... more
At the end of each month, I recognize other websites for sending traffic to Consumerism Commentary during the last thirty days. This was another record month for Consumerism Commentary in terms of visitors, and I hope many of you were convinced to subscribe and return. Here is a list of websites, excluding search engines, RSS readers, and social media websites, that sent the most traffic to Consumerism Commentary over the past month. I’ve also included a number to show each site’s movem... more
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