Fun and entertainment are really important. In fact, take a break from the thinking and toiling of work; refresh the mind and increase productivity.
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Fun and entertainment are really important. In fact, take a break from the thinking and toiling of work; refresh the mind and increase productivity.
I am 99% certain these two are headed for the car, where in lieu of putting on their coats, they will crank up the heat. These are the same folks who are too lazy to walk into the fast food joint and would rather wait 15 minutes in a long line, motor running, for their hamburger and fries.
My earliest teacher of investment principles was my dad. He drilled this FUNDAMENTAL BOND PREMISE into me. It served me well in the beginning and still governs my investing today.
The price of a bond moves in the opposite direction of interest rates.
NO ONE IS UNHAPPY IF THEY MAKE MORE MONEY ON AN INVESTMENT THAN PLANNED!
So the risk is really that your investment will be worth less in the future than when you started. In fact, if you have invested at all, then you already know that sometimes the value of your investment holdings GO DOWN as well as UP.
Our family keeps our cars as long as possible. My car is a 1998 model and El Carino has the newer 2003. Mentally, when I got the information about the repairs I immediately considered how much cheaper a $500 repair is than the expenses I would have in purchasing a new car.
Which would you prefer, $500 unexpected bill or 20,000 to 30,000 dollars for a new car plus higher insurance premiums, fees, taxes, and immediate depreciation?
The only way to avoid taxes is to be dead or not to earn any money. Which alternative would you choose? As Franklin succinctly implied, there is no positive manner to get away from the tax man!
Life is particularly challenging for new college graduates. Take a few positive steps and you can make it better!
With car insurance premiums soaring this year, you may find your renewal higher than you expected when it lands on your doormat.
What a fantastic deal, my child can get life insurance for pennies a day. Is there a superior bargain anywhere? And even better, the sponsor of the offer is a well known company with an iconic baby as its symbol.
Copyright © 2012 Barbara Friedberg Personal Finance