Comments on: Seven Wonders of the Personal Finance World http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 14:46:17 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Tricia http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-177668 Tricia Sun, 04 Nov 2007 00:05:08 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-177668 Thank you for the mention :) Thank you for the mention :)

]]> By: Harrison http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-175702 Harrison Wed, 31 Oct 2007 14:28:25 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-175702 I agree with the wonder #7 - "Personal Finance Blog" With a blog, everybody can be an expert in personal finance and the funny thing is there are somebody going to read the blog of ordinary people again and again. I think this is a big revolution on the world of personal finance. I agree with the wonder #7 – “Personal Finance Blog”

With a blog, everybody can be an expert in personal finance and the funny thing is there are somebody going to read the blog of ordinary people again and again. I think this is a big revolution on the world of personal finance.

]]> By: Franklin D Lomax http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-175609 Franklin D Lomax Wed, 31 Oct 2007 09:48:01 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-175609 editorialstaff net notes that, like land line phones, and buggy whips, mutual funds are finished, dead. It will take a while for the ETF miracle to eliminate the mutual fund companies, as they thrive off those who cannot, or will not manage their own wealth. After all, even the criminals who sell high load funds to widows and orphans, and pocket most of their victims earnings, decade after decade, still have millions of victims. Their victims have no paid representatives, eager to end the pilfering. The congress won't help them, and until we include personal investing in high school business courses, a large population of victims will still be out there. The recent admission by a major wealth manager that all mutual funds ravage their investors, coupled with advice to sell them, and invest in ETFs, indexes et al, is, like 5000 lawyers chained together, in the bottom of the Marianas Trench, too little, too late, but, by far, one of the best ideas available. An immediate subsidy for LED home lighting, to put our terror financier petroleum vendors into penury, is the next best idea, although the 34 curly bulbs in our home is an example of one thing we can do to stop funding terror, in the interim. editorialstaff net notes that, like land line phones, and buggy whips, mutual funds are finished, dead. It will take a while for the ETF miracle to eliminate the mutual fund companies, as they thrive off those who cannot, or will not manage their own wealth. After all, even the criminals who sell high load funds to widows and orphans, and pocket most of their victims earnings, decade after decade, still have millions of victims. Their victims have no paid representatives, eager to end the pilfering. The congress won’t help them, and until we include personal investing in high school business courses, a large population of victims will still be out there. The recent admission by a major wealth manager that all mutual funds ravage their investors, coupled with advice to sell them, and invest in ETFs, indexes et al, is, like 5000 lawyers chained together, in the bottom of the Marianas Trench, too little, too late, but, by far, one of the best ideas available. An immediate subsidy for LED home lighting, to put our terror financier petroleum vendors into penury, is the next best idea, although the 34 curly bulbs in our home is an example of one thing we can do to stop funding terror, in the interim.

]]> By: Evan http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-175334 Evan Tue, 30 Oct 2007 19:00:43 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-175334 1) CIV is one of the best games ever created... 2) Compounding should be #1, since most of the list depends on it 1) CIV is one of the best games ever created…
2) Compounding should be #1, since most of the list depends on it

]]> By: Creative Investor http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-174715 Creative Investor Mon, 29 Oct 2007 19:15:00 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-174715 One point I most definitely agree with is Roth IRA being at #1, it's just such a great saving/investment tool that many people still don't quite understand. I also agree with Flexo about ETFs. While the overall concept of ETFs is really good and there are excellent funds, I am concerned about the explosive growth of "exotic" ETFs and the fact that they're becoming more popular than they really should be. One point I most definitely agree with is Roth IRA being at #1, it’s just such a great saving/investment tool that many people still don’t quite understand. I also agree with Flexo about ETFs. While the overall concept of ETFs is really good and there are excellent funds, I am concerned about the explosive growth of “exotic” ETFs and the fact that they’re becoming more popular than they really should be.

]]> By: Flexo http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-174670 Flexo Mon, 29 Oct 2007 18:03:31 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-174670 Nice metaphor! (Personally, I might have chosen index mutual funds rather than ETFs for their dollar-cost average advantage, but six of one, etc.) Nice metaphor! (Personally, I might have chosen index mutual funds rather than ETFs for their dollar-cost average advantage, but six of one, etc.)

]]> By: Money Socket http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html/comment-page-1#comment-174652 Money Socket Mon, 29 Oct 2007 17:19:46 +0000 http://www.bargaineering.com/articles/seven-wonders-of-the-personal-finance-world.html#comment-174652 Its hard to believe I know of many people who do not take advantage of an employer match or tax free growth in an IRA. Just the other day my girlfriend, who just became eligible, signed up for her company 401k. She was talking to a colleague who has been working there for 3 years and is a lot older than her. He was telling her how he thinks it's not that great of an idea and how you tie up money and can't take it out until your old. The craziest thing he said, and I quote, was "is it really a good thing?" Goodness! its free money!! I also like credit cards and wrote about them recently as well. They offer such great flexibility if you use them right. With the 0% offers, it sweetens up the deal that much more. Also, I do agree with you that personal finance blogs are a wonder. Just a few years ago we had nothing like this. If you wanted to write about something you're passionate about, you can't show the world unless you get published by some major magazine or you know someone important. I think blogs in general are changing the way our media works, and its great that any one with a computer and a few bucks for hosting can put their ideas on the internet and even make a few bucks for their time as a side income. Great post, thanks. Its hard to believe I know of many people who do not take advantage of an employer match or tax free growth in an IRA. Just the other day my girlfriend, who just became eligible, signed up for her company 401k. She was talking to a colleague who has been working there for 3 years and is a lot older than her. He was telling her how he thinks it’s not that great of an idea and how you tie up money and can’t take it out until your old. The craziest thing he said, and I quote, was “is it really a good thing?” Goodness! its free money!!

I also like credit cards and wrote about them recently as well. They offer such great flexibility if you use them right. With the 0% offers, it sweetens up the deal that much more. Also, I do agree with you that personal finance blogs are a wonder. Just a few years ago we had nothing like this. If you wanted to write about something you’re passionate about, you can’t show the world unless you get published by some major magazine or you know someone important. I think blogs in general are changing the way our media works, and its great that any one with a computer and a few bucks for hosting can put their ideas on the internet and even make a few bucks for their time as a side income.

Great post, thanks.

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