When is 3 percent better than 6 percent? Yeah, we all know the answer, but only until the prices of the securities we already own begin to fall. Then, logic and mathematical acumen disappear and we become susceptible to all kinds of special cures for the periodic onset of higher interest rates. Well be [...]
Posts Tagged ‘Important Things’
April 10th, 2010
Income Investing: Selecting the Right Stuff
Posted in Investing 
Tags: Acumen, Downward Trajectory, Erosion, Face Value, Gurus, Important Things, Income Securities, Inflation, Interest Rate Cycle, Interest Rates, Investment Principles, Mental Bruises, Monster, Municipal Securities, Portfolio Values, Preferred Stocks, Realization, Right Stuff, Term Bonds, Traditional Investment
Tags: Acumen, Downward Trajectory, Erosion, Face Value, Gurus, Important Things, Income Securities, Inflation, Interest Rate Cycle, Interest Rates, Investment Principles, Mental Bruises, Monster, Municipal Securities, Portfolio Values, Preferred Stocks, Realization, Right Stuff, Term Bonds, Traditional InvestmentMarch 4th, 2010
Get Rich Slowly
Posted in Investing Tags: 22 Years, Account Time, Budget, Compound Growth, Expenditures, Financial Calculators, Financial Future, Grandmother, Hdtvs, Important Things, Index Fund, Ira Contribution, Late Model, Millionaire, New Cars, New Mortgage, Power Of Compound Interest, School Loans, Small Fortune, Stock Market
Tags: 22 Years, Account Time, Budget, Compound Growth, Expenditures, Financial Calculators, Financial Future, Grandmother, Hdtvs, Important Things, Index Fund, Ira Contribution, Late Model, Millionaire, New Cars, New Mortgage, Power Of Compound Interest, School Loans, Small Fortune, Stock MarketIs it hard to get rich? Not really, if youre young.
Its fun to play with financial calculators and see what might happen.
Assume you have just graduated from college, are about 22 years old and I just started your first real job. If you put $100 a month in an IRA that grows at 10% [...]