Fool.com: 6 Investing Lessons Learned [Commentary] September 29, 2003
User ID: flexo[at]fiveandtwenty.com
Matt Richey leaves us with some advice he has learned over the years. This is beneficial for anyone who wants to enter the stock market. Most people go in blindly, buying stocks they don’t really know much about. Matt emphasizes the importance of knowing details about the financial aspects of the company.
MSN Money – Are you on track to retire rich?
According to their charts, you could say I’m on track. The issue I have with this, however, is they use $1,000,000 at retirement as a goal. However, by the time I retire, due to inflation and to increasing life expectancies, $1,000,000 is not going to be enough to retire on.
I don’t think I could see myself fully retiring, anyway. It’s so far away from me, who knows whether I will want to stop working. If I am getting a great satisfaction from my job and I am still capable of doing it, I may not go until I am forced to, at which point I might just find another similar job. It’s too early to tell what I will want at that point of my life.
Building wealth, even with kids – Sep. 23, 2003
Some people say that it’s impossible to build wealth and have children. Others, like the author of this article, believe it is possible, but it requires some lifestyle adjustments.
“The way you get rich is moderation, moderation, moderation.”
Fool.com: Buying the Bubble? [Commentary] September 18, 2003
The author tackles with the question of whether there is a (national) housing bubble. He feels that there isn’t, but also notes that housing is not an investment. People should avoid thinking of it as one. It doesn’t provide income and any thoughts about future movement are purely speculation.