After nearly two weeks of vacation, I’m itching to get back to work. Still, my actual return date isn’t until next Monday. I’ve read a half dozen personal finance books (and written notes on several for future reviews), have plotted a few big posts, and am generally eager to interact with the GRS community again!
However, I’m going to stick to my guns and continue with guest posts for the rest of the week. Meanwhile, here are a few articles I’ve enjoyed from around the web:
After posting Gail Vaz-Oxlade’s guest post about learning to live modestly on Saturday, I was surprised to learn that she’s actually a Canadian personal-finance celebrity. I’m embarrassed to have not realized that when she submitted her article. Since then, though, I’ve dug through her sites. She has a great blog, and her business site features some excellent articles, including this list of 12 steps to getting financially organized. Look for more from Gail at GRS in the future.
NPR often has interesting personal-finance stories. Right now they’re broadcasting a series called American Moxie: How We Get By, which features stories of “Americans with moxie during these tough economic times”. (In an ironic twist, the reporter who developed the series was recently laid off by NPR.)
Finally, I know this may not seem like it has much to do with getting rich slowly, but I think it has everything to do with the subject. Last year, Elite Feet (a site for runners) shared the legend of Cliff Young, a 61-year-old farmer who won the world’s toughest race, a 543.7 mile (875km) run from Sydney to Melbourne, Australia. How’d he do it? He just kept plugging along, and he didn’t give up. He had moxie!
Note: Tomorrow I’m scheduled to conduct an interview with Tom and David Gardner, the Motley Fools. If you have a question you’d like me to ask them about investing, let me know!
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He’s been checking his email too! Bad JD! Enjoy your vacation!
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If you can’t wait to get back to work then clearly your vacation is too long! (or you didn’t plan enough activities?).
Nothing wrong with working!
Mike
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I’d like them to tell me how I can invest. I just graduated college and I have student debt and no long-term job prospects (like massive numbers of friends). I know the market is down right now and that it can be a good time to get in at bargain prices. But I don’t have a lot of liquid capital and I’m at a point in my life where the future is uncertain. Is there anything I can be doing to get involved in the market while the getting is good? What will it cost and what are the risks?
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Ask the gentleman from The Motley Fool why they publish such a deluge of how-to-beat-the-market articles on individual stocks. Churning your own account is hardly good personal finance.
Love to all,
MusicforCats
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JD you have to watch Gail’s show. The show proves that a) Canadians can be idiots with money too! b) We’re not as nice as you think we are. I have never watched a personal finance show where the host calls someone a d—wad. Sometimes that’s what it takes to get people to wake up and face their debt.
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Canadians can totally be idiots with money. Slice.ca has all of the episodes of Til’ Debt Do us Part but I don’t know if they’ll stream in the U.S.
I LOVE the beginning of each episode where she does a big “this is what you REALLY spend” and “this is what you REALLY owe”.. people are totally unrealistic with what they think they spend, usually 4x less than what they actually spend.
Love love love her attitude and her show.
No nonsense approaches are the only way some people will learn.
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I would like to ask them about stock market statistics. I feel like there is some disparity amongst the stats you hear from talking heads about the historical return of stock markets. What is the best way to find accurate historical studies of the markets? Academia? JSTOR or another online journal? Where do their people go to get their figures?
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When I saw the title all I could think of was the Moxie soft drink. Very “popular” here in the Northeast.
The stuff tastes like varnish and would put you off from buying soda ever again.
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http://en.wikipedia.org/wiki/Moxie
http://flickr.com/photos/allenellisdewitt/2739576794/
Mmm…. Moxie.
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