Spare change: So Many Stories, So Little Time

A few weeks is just too much to write. This is one of the weeks these. [Note that (I) you have confirmed severe typo; does not need to tell me it again!] Not only is my brain percolating articles in your own ideas, but the Internet is abuzz with interesting stories about personal finance. Pity ton material with blogger!

Long intro, but only for the duration of the waste, on the other hand, I will jump to the right. The following are some recent articles, you are seriously folks sent me, or that you browse through your site I found:

Earlier this week, I sang praises index funds. If you are interested in index funds but do not know where to begin, you should consider exchange traded funds or ETFs. Almost all of the ETFs are index funds, but they are traded like stocks. Confused with? Kiplinger's has an informative article How do ETFs. This is not only lightweight opposite the piece; It includes a solid information.

The rest of the lovable curmudgeon Warren Buffett is it again. He has a talent for carrying out the Liberals and conservatives angry. In this case, the Buffett says, the rich should pay more taxes. "Taxes and lower middle class, and maybe even the upper middle class are likely to be cut even further," Buffett told ABC News. "But I feel a great end users — people such as yourself — would be paying a lot more in taxes. We have a better than we ever had it. "

Next, the GRS reader Brendan Quinn sent me a link to the other students, he gave recently Boston College in the presentation. His right to speak, Your Money: buy Anything You Want, Guilt-Free, Brendan covers what he calls the personal finance three rules:

Consume less than you can Make money, earn. you have you work for an unexpected .prepare.

I think it is great to see the college students taking to teach each other about financial literacy initiative. Great work Brendan!

Last week, The New York Times published a story about Nick Martin, that inherit from 14 million dollar ($ 10 million after taxes) in 1998. "But as so often happens in those lucky enough to be understood in the light of the sudden the riches of the American dream," writes the Geraldine Fabrikant "money through Martins ' loystynyt fingers faster than ever imagined." I used to mock seriously folks, who squandered a sudden riches in this format (and has a myriad of similar tales), but lately I'm more sympathetic. Such as consumerism Commentary Flexo wrote about this story "is easy to be impairment. The Internet is the place where the armchair quarterbacks to feel comfortable. Very few know what would happen if the same situation — an unexpected Cash — occurs to them. "

Finally, here are two Recent articles in the recorded for the USA Today. Cindy Perman is long (and controversial) piece of Americans die from the debt-to- information. Many boomers enough saved for retirement. But more than that, the article reports that "nearly 40% of the retired Americans said, they've accumulated credit card debt in their twilight years — and are not worried about giving their life". Happier News here is a short piece of music information homeless Arizona man who threw a backpack containing $ 3300 cash and a laptop computer. Now, it is a great story.

There are a lot of other great stories to my stack, but this is already one of the largest "spare part change" on the basis of you ever post the round. We call this a good now.

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