Larry Russell presents 7 Ways to Pick the Best Noload Mutual Funds and ETFs posted at Best No Load Funds. 7 great reasons for buying no-load mutual funds and ETFs. Practical advice for the whole family. But better to teach your children these reasons now than to let them figure it out on their own.
Barb A. Ryan presents Bond Mutual Fund Fees posted at Bond Market Index Funds. Ditto the above post -- fees kill mutual fund performance. Why pay the fund manager when you can use Vanguard or other no-load and extremely low fee mutual fund family?
Raymond presents My Super Sweet 16 - Messing Up and Spoiling Kids For The Next Generation posted at Money Blue Book. There's good social commentary in this post and I agree with Raymond that it's a bad show but like a train wreck. Those kids are spoiled little brats. Way to go, MTV -- not only have we given our kids false expectations with "Cribs" but now with this!
More4kids Parenting and Family Life presents Teen Credit Cards - A Smart Idea? posted at More4kids. Another submission on teens and credit cards. Very good balanced arguments for both sides of the debate.
Aussie Investor presents Stock Market For Beginners posted at Stock Market Investing For Beginners, saying, "Any beginners to investing should read as much as they can before they begin. What are stocks? What is the stock market? This article provides an introduction to the stock market for those just starting out." This is a very good post about the stock market; indeed, it really is the stock market for beginners.
NAOMI presents Diary From England: BABIES BORN WITH A SILVER SPOON IN THEIR MOUTH posted at Diary From England. It's funny how the same terminology means different things, even in England. "Pensions" equal "IRA?" But yeah, I agree for the most part -- raise your children with good money sense and they'll be alright come retirement.
Big Cajun Man presents Best of: The Singing Horse Parable posted at Canadian Personal Finance Blog, saying, "A useful parable about finances told to me by my Dad." Thought provoking and a great story.
Ana presents Putting Teenage Son on a Budget posted at DebtFREE-Revolution. One of my best memories of growing up is going to the grocery store with my grandmother and seeing how she, of the Great Depression generation, rationed her money. She squeezed every penny and got everything we ever needed.
vld2czech presents StockWeb: Bear market started and finished by Bear Stearns? posted at StockWeb, saying, "Have we seen the worst with collapse of Bear Stearns?" In a word, no. More to follow. Even the big boys can fall.
Alex M presents Some Good Ways to Save Money posted at eloanex.com. Student loans are still a good deal and consolidation a few years back when interest rates were really low allowed me to consolidate all of mine into one with a sub- 3 percent loan for the life of the loan. Not a bad investment. Plus, I am making double what I was making before I got my MBA, just 4 years ago.
7million7years presents What about the children? « How to Make 7 Million in 7 Years™ posted at How to Make 7 Million in 7 Years™. There are some great tips here: Give your child an allowance of $1 for every year of his age, and tell him to budget half for spending and half for saving. Starting at a very young age, kids can build up a sizable nest egg and retire very early.
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