Friday, July 3, 2009

Short Takes: Banks, Bad Investment Products, and more

1. Scott Adams of Dilbert fame has a funny and thoughtful demonstration that your bank hates you.

2. Larry Swedroe has a great series on bad investments (starts here) that includes some words to live by: "the more complex an investment product, the faster you should run from it."

3. Million Dollar Journey has a post by Kathryn about how she gently coaches people to learn more about handling their money.

4. Preet gives a performance update of the blogger's stock picking contest. His portfolio is deliberately selected to have very high volatility, but somehow his results are close to the median so far.

3 comments:

  1. Thanks for the link. I take it you are off somewhere to play some golf. I was lucky enough to be invited to play at the Telus World Skins Pro-Am a few weeks ago. The problem was that I only played four rounds in my life before that. I completely embarrassed myself, but luckily my group was very understanding. Perhaps after I practice some more we can play a round in the future. Cheers!

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  2. Preet: The World Skins Pro Am sounds like fun even if golf isn't your sport (yet). I'd be happy to play a round with you. I'm not a great golfer, but at least I can hit the ball far (into the woods).

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