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Tag: investing

May 21, 2013Written By Paula Pant

One TERRIBLE Piece of Financial Advice You Should Never, Ever Listen To

Launch into any money-related conversation and you’ll inevitably hear the following bad financial advice:

“But it worked for me!”

Those insidious five little words have been used to justify all types of terrible ideas, from buying lottery tickets to over-leveraging your investments to investing every last dime into Apple stock.

Let’s try […]

Keep reading...

September 18, 2012Written By Paula Pant

Why I Spent $17,021 (on Home Upgrades) in the Past Three Months

You know that sinking feeling in the pit of your stomach, when you decide to remodel your kitchen …

… and you think it’ll cost $5,000 ….

… and it ends up costing triple your estimate?

Yeah.

 […]

Keep reading...

May 7, 2012Written By Paula Pant

We Bought a Third Rental House!

I can’t believe I’m saying this: Dear Readers, I’d like to introduce you to Rental House #3.

“But Paula, didn’t you just buy a house? A couple months ago?”

Yep, it feels fast to me, too.

Check out the pics, and meet me below the photos to hear the details.
(If you’re reading by […]

Keep reading...

April 23, 2012Written By Paula Pant

Why Dollar-Cost Averaging Stinks

Conventional wisdom says that you should invest in the market in small bites.

This is called “dollar-cost averaging.”

Dollar-cost averaging is the philosophy of wading slowly into the market over time, rather than diving in.

If you have a large sum of money — through a bonus, commission, gift, sale of a house or car, etc. […]

Keep reading...

February 22, 2011Written By Paula Pant

You Are Not Entitled to Retirement (and That’s Great News)

Retirement is such a part of our cultural fabric that it’s viewed as a basic human right.

It’s the final chapter in the American Dream: a home, a family, a secure retirement.

But it hasn’t always been this way.

For much of American history, people worked until they were too sick to work anymore. […]

Keep reading...

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Afford Anything

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