Sometimes the universe has a way of telling us to look more closely or again at something we thought we knew. In my case, two jlcollinsnh readers have caused me to take another look at 401k programs. I don’t like what I see. Caution! Pickpockets at work. 401Ks were enacted into law in 1978. In… [Continue Reading]
Archives for June 2013
Shilpan’s Seven Habits to Live More with Less
One of the over-riding themes here on jlcollinsnh is that when it comes to investing simple is not just easier, it is more effective and more profitable. My pal Shilpan runs a blog I read faithfully: Street Smart Finance. What is most appealing to me is the wisdom he brings from a lifetime of learning,… [Continue Reading]
Stocks — Part XIX: How to think about money
Level I: It’s not just about spending Get yourself a nice, crisp one of these: Or one of these: Or one of these: Or one of these: Or one of these: Or one of these: Or about 16 of these: Now prop it (or them) up on the table in front of you, or in… [Continue Reading]
My path for my kid — the first 10 years
A year from now my daughter graduates from college. Here’s the early life path I suggest to her: Avoid debt. Nothing is worth paying interest to own. Avoid fiscally irresponsible people and certainly don’t marry one. Spend the next decade or so working your ass off building your career and your professional reputation. Spend that… [Continue Reading]