These sound great. I wonder how the speakers will handle questions about how to invest in this volatile market. Grabe, my investment instruments are really losing :( How are yours doing? I feel pathetic hahahaha
sxyshandy
· 1 year ago
I know right? I'm not checking my stocks portfolio right now. I intended them to be for long-term, and yeah, definitely coz they're so low now. Sigh. I'm rebuilding my emergency fund, actually. No investments for now, just saving. The entrepreneurial life has depleted my buffer so I have to make some more extra money fast!
waxster
· 1 year ago
Hi there, no genius here but Id like to throw my two cents worth.
IF the market is down is it not a good time to buy? You might not get much now but in a few years maybe we can get better returns.
If you are rebuilding your emergency fund then it seems that your distribution of wealth was slanted in the wrong side of the spectrum.
Here is a suggestion. B small warsmergency fund, invest in the market, look for managed funds and reduce your taxes on all your investments.
The key to investments is consistency and not a one-time big-time hit. Can you imagine that money invested in the 1925 would be over 1000 times its original value today despite two world wars, various naural calamities, terrorism and the like.
Who would have guessed?
sxyshandy
· 1 year ago
Don't worry about me waxster. I invest everyday in business and I've started my first very own VUL, with the investment component in a specialized fund with high equity proportion at the start, constantly decreasing % for equity fund until the last 5 years, when it transitions to bond fund so I can cash out. I do have to build a buffer to align with YNAB rule #1 stop living paycheck to paycheck. http://www.mariecasas.com/2008/08/05/reboot-bud...
Madhavi
· 1 year ago
Nice blog.
Do you know about MoneyLIFE magazine and their various activities to create financial awareness?
They are doing very well and I guess it will be of great help to anyone interested in managing personal finances.
All Comments
These sound great. I wonder how the speakers will handle questions about how to invest in this volatile market. Grabe, my investment instruments are really losing :( How are yours doing? I feel pathetic hahahaha
I'm rebuilding my emergency fund, actually. No investments for now, just saving. The entrepreneurial life has depleted my buffer so I have to make some more extra money fast!
IF the market is down is it not a good time to buy? You might not get much now but in a few years maybe we can get better returns.
If you are rebuilding your emergency fund then it seems that your distribution of wealth was slanted in the wrong side of the spectrum.
Here is a suggestion. B small warsmergency fund, invest in the market, look for managed funds and reduce your taxes on all your investments.
The key to investments is consistency and not a one-time big-time hit. Can you imagine that money invested in the 1925 would be over 1000 times its original value today despite two world wars, various naural calamities, terrorism and the like.
Who would have guessed?
I do have to build a buffer to align with YNAB rule #1 stop living paycheck to paycheck.
http://www.mariecasas.com/2008/08/05/reboot-bud...
Do you know about MoneyLIFE magazine and their various activities to create financial awareness?
They are doing very well and I guess it will be of great help to anyone interested in managing personal finances.
For more see www.moneylife.in
Cheers!!