Thursday, February 12, 2015
A Satisfying Retirement - Leads To A Satisfying Life - Financial Advice From a Non-Financial Guy
From the site: A Satisfying Retirement - Leads To A Satisfying Life - Financial Advice From a Non-Financial Guy
First posted over four years ago, I continue to believe these approaches to financial health work. I have made one or two edits, like CD rates, to the original post but otherwise it is how I wrote it. Up front I'm telling you I am not an investment guru. I'm not pushing the next hot thing. I'm just an average guy who has managed to stay afloat by adhering to a few basic rules of financial sanity. How many are you following?Don't Chase Returns That are Well Above Average. If most CDs are paying .9%, you can assume that one paying 5% has some problems. If a broker or friend says you can make a 15% return on your money, turn and walk away quickly. If it is too good to be true, it usually is. Greed kills.Home ...Read more...
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