tag:blogger.com,1999:blog-5465015914589377788.post8892503884322782114..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: The Lazy InvestorMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5465015914589377788.post-28856726204367946922008-07-02T08:21:00.000-04:002008-07-02T08:21:00.000-04:00Thanks for the link.Working while at school I foun...Thanks for the link.<BR/><BR/>Working while at school I found is completely related to the course load and degree type you have chosen to take. For some it might work out and for others not a hope.<BR/><BR/>I used to have 40 hour weeks of just class and labs. So the idea of having a job during the year to me was laughable. At the same time I know people who only had 20 hours of class/lab time in a week so for them it made sense.<BR/><BR/>TimAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-5542057574944873402008-07-01T22:28:00.000-04:002008-07-01T22:28:00.000-04:00Jim: I don't trust myself to try to time the marke...Jim: I don't trust myself to try to time the market, and so I go with the strategy that has been best when averaged out over a very long time. Stocks have beat bonds (and stocks beat a mix of stocks and bonds). That's my reason for putting all the money I have that I won't need for at least 3 years in stocks.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-29170187823232272802008-07-01T14:45:00.000-04:002008-07-01T14:45:00.000-04:00I thought his wife works?Anyway, I don't agree wit...I thought his wife works?<BR/><BR/>Anyway, I don't agree with stocks over bonds. In the last 25 years, yes, stocks did well, but the 20 years before that was pretty darn flat for stocks. A mix is the best approach imo.Jim Somervillehttps://www.blogger.com/profile/08438509407388777099noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-15129455363793461012008-07-01T09:46:00.000-04:002008-07-01T09:46:00.000-04:00MG: Good idea. I'll give it some thought.Mr. Chea...MG: Good idea. I'll give it some thought.<BR/><BR/>Mr. Cheap: One thing I didn't agree with is having kids work while going to school. Summer jobs, yes, but I couldn't have succeeded at school the way I did if I had to work part time. Between a demanding set of courses, appropriate amounts of physical activity, and some socializing to balance things out, there isn't time for a job. I understand that some students have no choice, but as a parent, I wouldn't plan for my children having part-time jobs while studying.<BR/><BR/>On page 167, Foster says that he retired with less than half a million dollars while in his thirties (with a family). Most people take retirement to mean no income-generating activities. Foster clearly did not have enough money for this. He seems to be a driven person who switched to a new career where he is his own boss and has a very uneven income. This works well for him, but I'd hate to see other people give up their jobs with less than half a million dollars saved and hope to get by with no other income.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-74316001487044398832008-07-01T01:45:00.000-04:002008-07-01T01:45:00.000-04:00Thanks for the link! What were some of the things...Thanks for the link! What were some of the things you didn't agree with (other than the exclusive focus on dividend paying stocks)?John Champaignhttps://www.blogger.com/profile/14502724381002990745noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-73454040806469767312008-07-01T00:34:00.000-04:002008-07-01T00:34:00.000-04:00I'd be interested in hearing more about how the di...I'd be interested in hearing more about how the dividends for allowance arrangement you set up for your kids... might be worth a post?MG (moneygardener)https://www.blogger.com/profile/09118524634677340463noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-73283325026308984702008-06-30T22:17:00.000-04:002008-06-30T22:17:00.000-04:00Thanks for the mention!Thanks for the mention!Anonymousnoreply@blogger.com