Week In Review Articles:
All About Your Benjamins: Ben Carlson Might Be Having The Best Week Ever! A trifecta this week from Ben Carlson giving you a wealth of common sense!
Morgan House: Immeasurably Important “Measuring what worked in the past is a science. Understanding why things are different now is an art.”
Of Dollars And Data: The Privilege Of Knowledge “The only thing that will always be true in investing is that risk and reward are intrinsically linked. If you reduce risk, you give up reward.”
The Irrelevant Investor: The Sharks Are Circling “I’m sure some people were bailed out by this type of cash-infusion arrangement, but this is bullshit. Sending checks to people that are desperate for money and then charging them 30% interest is not right. I don’t care if it’s disclosed in the fine print or whatever. And then making them pay 20% on top of it to cover the lender’s attorney costs is some demonic behavior.”
The Reformed Broker: “Pandora Doesn’t Go Back In The Box, He Only Comes Out” “I don’t really think there’s any “winning” something like this, it’s really just a question of how much is lost, and for how long, and what the unintended consequences of something this aggressive might be.”
Peter Lazaroff: How Markets Work “People tend to respect the power of supply and demand in markets in their everyday life, but that respect seems to break down when it comes to financial markets.”
Certifiably Financial: Do You Know Where Your Money Goes? “In June, I was able to save 48% of my take-home pay (the amount deposited into my bank account), or 31% of my gross pay (not including 401(k) contributions).”
Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimer page.