RSS Feeds
Facebook
Twitter
« Hotels and Airfare: It Never Hurts to Ask for a Refund | Main
| The Secret of Wealth and Happiness »
2 Responses to “links for 2007-03-17”
Leave a Reply
Subscribe to comments on this post via RSS feed.
« Hotels and Airfare: It Never Hurts to Ask for a Refund | Main
| The Secret of Wealth and Happiness »
March 17th, 2007 at 10:28 am
sorry, off-topic: i was wondering what people thought of the “Unified Theory of Everything Financial,” created by Dilbert cartoonist Scott Adams and revealed in his book Dilbert and the Way of the Weasel. Its nine points:
1. Make a will.
2. Pay off your credit cards.
3. Get term life insurance if you have a family to support.
4. Fund your 401k to the maximum.
5. Fund your IRA to the maximum.
6. Buy a house if you want to live in a house and can afford it.
7. Put six months worth of expenses in a money-market account.
8. Take whatever money is left over and invest 70 percent in a stock index fund and 30 percent in a bond fund through any discount broker and never touch it until retirement.
9. If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio.
March 17th, 2007 at 10:16 pm
Seems pretty solid to me.