As you might have guessed based on the fact that I don’t make video posts, I learn better by reading about a topic than I do by watching a video. Of course, many people’s preferences are just the opposite.
That’s why I’ve been meaning to mention a series of videos made by Boglehead forum member Rick Van Ness (username “stickman” on the forum). The videos provide 10 rules (one video for each rule — most of them just under 5 minutes) that can help new investors get started on the right path.
There’s also an accompanying book, which I just got the chance to read this last week: Common Sense Investing: Ten Simple Rules to Finance Your Dreams. Like the books I write, this book is brief and to the point. And the advice is solid and easy to understand.
Investing Related Articles
- Meet Suze Orman’s Newsletter Guru from Jason Zweig (Perhaps I’m naive, but this article shocked me.)
- Lazy Returns: My Nano Portfolio from John Wasik
- Guarantees vs. Control from Wade Pfau
- John C. Bogle: The $24 Billion Man from Allan Roth
- Your Advisor’s Fee Matters from Rick Ferri
- Why We Love the One We’re With from Canadian Couch Potato
Other Money-Related Articles
- High Deductible Health Plans and Major Medical Bills from Five Cent Nickel
- Time Value of Money vs. Money Value of Time from Matthew Amster-Burton
- How to Live as Long as the Rich from Steve Vernon
- Finding a Bargain when Apartment Hunting from Free From Broke
- When Will I Get My Tax Refund? from Cash Money Life
- Bragging About What You’re Going to Buy is Super Lame from Len Penzo
Blog Carnivals
- Road to Financial Independence hosted by One Family’s Blog
Thanks for reading!
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- How to to pick winning mutual funds,
- Roth IRA vs. traditional IRA vs. 401(k),
- Click here to see the full list.
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Mike, I would not be shocked by anything Suze Orman says or does. Over the years she has marketed a variety of nearly worthless (or worse) products, such as an expensive “briefcase” for people to store their financial records and a new “Suze Orman debit card” that has also drawn widespread derision and scorn. The advice she gives on her television show is sometimes sound, sometimes questionable, and usually simplistic, though useful to people with serious debt problems. But she is totally out of her league regarding investments, often abusive to guests, and frequently contemptuous of other (often better-informed) opinions.
As the much-missed Frank Curmudgeon from badmoneyadvice.com put it, “I have only respect and contempt for Suze Orman.”
Larry,
Sorry for lack of further explanation. It wasn’t Orman’s involvement that shocked me. Rather, it was just that a newsletter (one that’s at least getting a fair amount of discussion/promotion) could make such misleading (and, if the article is correct, verifiably false) claims and get away with it.
I understand, Mike. But Orman’s defense of Grimaldi’s practices, and her continued willingness to associate herself with him, seems to me of a piece with her other attributes.
This is an off the wall question, but do you think buying facebook is a good move?
Chuck,
I think Larry Swedroe summed it up well in his column yesterday: http://www.cbsnews.com/8301-505123_162-57369940/why-facebooks-ipo-shouldnt-excite-you/
I’d add, however, that if the entertainment aspect (i.e, the fun of knowing you might strike it rich) holds a value to you, then it might make sense.
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