finance

Other Voices: Links for 7/10/08

Filed in archive Other Voices on July 10, 2008

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Around the PF blog world:

Stop Buying Crap: Five Thing I'll Never Buy My Future Kids:
From my experiences, the quickest way to raise a bratty child is to buy them lots of crap to appease them, and what better way than a gigantic TV in the car, with a full collection of sponge bob DVD?

The Wastrel Show: The Art of Doing Nothing:
Doing nothing is an art. It's a treasure. Once you master this craft there is no turning back. For the less you do, the less you want to do. I've spent the past few years streamlining my environment, so much so, that each anniversary brings me less to do. I can now sit perfectly still anywhere I choose and neither read a book, listen to music nor engage my mind in anything other than the stillness of the moment. I can just sit back and observe the world as it unfolds itself to me. A world that I was once too busy to notice.

Brip Blap: Learn to Think Bigger:
Many investors will establish a pattern of investing that suits them, and then defend that pattern to others (and to themselves) even if it doesn't work. A good example is index fund investing. The conventional wisdom is that it cannot fail. The truth is that it's the investing pattern with the best possible return for a non-knowledgeable investor, but even then it's subject to a number of caveats. If you happened to be withdrawing your money now, the last eight years would have been essentially 0% returns on those funds.

Single Ma: Spending Challenge:
Nordstrom - how can I resist a shoe sale when the friggin store is less than 5 minutes from my house? It's a set up!




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