http://on.wsj.com/1C7ZouH...
In addition to stocks, own some long-term Treasury bonds and some Treasury inflation-protected securities. These are likely to hold their value, or even go up, when stocks crash.
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833 words of advice from Brett Arends
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- dualstow
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833 words of advice from Brett Arends
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- MachineGhost
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Re: 833 words of advice from Brett Arends
Rolling my eyes at yet another what to do list. Some good points though. I guess exceptions are not for the Boobuses. But the problem with them is not the lack of advice or how to, its walking the talk.
Buzz!Never buy a lottery ticket. The lottery runs a profit, which means the players run a loss. And a study once found that the people who won ended up no happier than those who lost.
Bing!Don’t spend money showing off. Designer brands and “luxury”? labels are created to overcharge the desperately insecure. They’ll mark you out as nouveau riche. Old-money families keep it down low.
Last edited by MachineGhost on Sun Feb 08, 2015 9:37 am, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: 833 words of advice from Brett Arends
Actually I thought this was great sage advice, on par with Harry Brown's rules but more specific & updated...sent it off to family & friends.
Thanks for posting dualstow!
Thanks for posting dualstow!