Free Money Finance has interesting posts and comments based on the book "Your Money Ratios: 8 Simple Tools for Financial Security" by Charles Farrell.
These ratios are important for the DIY investor not so much for their specific recommendations but more for people to see where they stand with their finances and to think concretely about the important questions.
What always strikes me about these blogs and financial seminars is that most of the people reading them and attending already have an interest in the subject and know much of the information. Where this is really valuable is for those who haven't thought about insurance, investments etc. These particular posts at Free Money Finance are very useful, especially for these kinds of people.
Thoughts and observations for those investing on their own or contemplating doing it themselves.
My Services
Investment Help
If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets, you have landed at the right spot. I am a fee-only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low-cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.
Wow,nice, one of the best read posts so far.
ReplyDelete