Today is Daylight Savings for most of the US, so I hope you remembered to set your clock forward an hour last night. I always hate “losing” an hour because I cherish my sleep! But I enjoy the sun setting a little later in the evening and I know longer days are on their way. Two more weeks and it will officially be Spring. And I know my wife and I are ready for some warm weather!
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Ford Offers Employee $50,000 To Leave. Would you take $50,000 and 5 years free health care coverage to leave your job? I would. In a heart beat.
How I Busted My Email Addiction. I need to take a few pointers from this article and simplify my work streams!
In order to be helped, help first. Steve makes some great points, as always.
2009 Individual Stimulus Money Worth More Than Last Year’s Package. This year’s stimulus program is slightly different, but may be worth more to you than last year’s, depending on your situation.
Mortgage Payoff: Lump Sum or Monthly? This is a good question to ask if you are considering paying off your mortgage early.
The Paradox of “Buy Low, Sell High”. A very insightful article about sticking with your investment plan I haven’t sold anything since the economic downturn, except some funds that I wanted to capture losses on. I was rebalancing and needed those funds elsewhere anyway.
Personal Finance Carnivals
- Festival of Frugality #167: Dr. House Edition was held at Green Panda Treehouse.
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- Tax Carnival #49: Marching to Tax Day was hosted at Don’t Mess With Taxes.
{ 4 comments… read them below or add one }
Flexo’s paradox article was very fascinating. He did one on the paradox of thrift as well that was really good.
weakonomist: I thought his article was great too. I think our economy and the nature of investing will be undergoing major changes for the next few years. And I think the majority of investing books will need to rewritten when we emerge from this mess!
Well the article is accepting the efficient market theory which is far from certain. The concept of buy low and sell high can be helpful, though difficult to execute.
It is true that “low” should not be seen as telling you to buy just because the price today is lower than it has been. If there are good reasons for the price to be lower then the expectation of selling it higher may not be good. It seems to me many stock prices are getting pretty low. I am buying more stocks recently but slowly (not poutting all my available cash into the market now). I am far from certain that this is the lowest prices will get. So I will start buying now but keep buying if prices stay at this level or decline.
One thing I find very hard to do is sell when prices are high. I can do it sometimes. But it is not easy for me. If the price gets ridicules I can do it but often it is hard not to be swept up in the possibilities for the future. I am better at not buying too high. I am able to buy Google now and didn’t at $700. But I also didn’t sell at $700.
Curious Cat: I think there is till room for the market to go down – but how much lower, I certainly can’t say. I am also using this as an opportunity to put more money into the market, but like you, I am spreading it out. There is no need for anyone to put everything in right now.