Today’s holiday provided me with a much-needed break from the general craziness that is my life. I had time to take care of a few household chores rather than procrastinate as usual. Living alone is both a blessing and a curse in this respect. After I finished my chores and allowed myself to go out and enjoy the beautiful weather, as dusk approached I spent a few hours in Princeton with my camera. Here are a few pictures followed by some interesting personal finance articles from the past week.
4 Reasons Why Index Investing May Not Be for You. This post at Million Dollar Journey takes the “devil’s advocate” position. It’s important to note that index funds do not get “average” returns — a very small percentage of actively managed mutual funds beat the index over long periods of time, and it’s impossible to predict who will ahead of time. That’s really a key point in favor of index funds.
The 7 Deadly Sins of Personal Finance. Blueprint for Financial Prosperity has assembled seven of the worst things you can do for your personal financial situation. This post rounds up the seven articles pertaining to each “deadly sin.”
The Hidden Costs of Smoking. Smoking is an expensive habit, not just because of the price of cigarettes but also because of the effect the habit will have on a person’s health.
Updated January 16, 2010 and originally published September 1, 2008. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.