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are there any good books about personal finance and how to do it properly, poo poo like explaining in some depth about how AER, investment and debt works, how to gauge risks in an unbiased way, that you know of, GBS?
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Dec 17, 2014 03:32
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https://www.mises.org
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Dec 17, 2014 03:35
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Lichy posted:are there any good books about personal finance and how to do it properly, poo poo like explaining in some depth about how AER, investment and debt works, how to gauge risks in an unbiased way, that you know of, GBS? Give up all hope, society is crumbling, spend now while you have the chance
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Dec 17, 2014 03:35
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Picnic Princess posted:Give up all hope, society is crumbling, spend now while you have the chance yeah I was thinking about investing into the arms industry before but thanks for clarifying what is this nerdy "Austrian" economics bullshit
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Dec 17, 2014 03:37
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wait no, buy gold, it'll still work in any post-apocalyptic society
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Dec 17, 2014 03:39
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selling hard drugs
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Dec 17, 2014 03:39
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Picnic Princess posted:wait no, buy gold, it'll still work in any post-apocalyptic society what's the point of investing into a non-vital asset if you lack the firepower to protect said asset?
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Dec 17, 2014 03:40
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Warner Buffet
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Dec 17, 2014 03:42
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basically here is what I know about finance: 1. I'm pretty well off compared to most 2. debt is bad 3. budgeting is done but not very strictly 4. economics used to be good and nice in the era of ordoliberalism that made sense but nowadays everyone is going insane with corruption under the guise of neoliberalism 5. don't try to time the market?
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Dec 17, 2014 03:43
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Live slightly above your means
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Dec 17, 2014 03:44
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Lichy posted:what's the point of investing into a non-vital asset if you lack the firepower to protect said asset? Just hide most of it in a cave and spend sparingly to not raise suspicion.
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Dec 17, 2014 03:45
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real answer: bogle's book
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Dec 17, 2014 03:46
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mookface posted:Live slightly above your means I'd have to go into debt for that so thanks but no thanks that violates point 2 of my comprehensive financial knowledge list buddy
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Dec 17, 2014 03:46
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Lichy posted:I'd have to go into debt for that so thanks but no thanks that violates point 2 of my comprehensive financial knowledge list buddy Not if you've properly diversified
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Dec 17, 2014 03:47
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mookface posted:Not if you've properly diversified I heard that buzzword before applied to entire economies of states like russia but don't really know how it applies to an individual person and his finance e.g. me and my wads of cash
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Dec 17, 2014 03:50
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Mange Mite posted:real answer: bogle's book I checked that out and it seems a bit complicated and aimed at people who are already in full control of their wads instead of complete dorks such as this poster
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Dec 17, 2014 03:53
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Don't buy rubles.
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Dec 17, 2014 03:56
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Ivor Biggun posted:Don't buy rubles. wrong. havent you ever heard of "buy low" ?? look at this financial Simpleton
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Dec 17, 2014 03:58
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Bitcoin is a better investment. up Up UP!
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Dec 17, 2014 04:02
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Ivor Biggun posted:Don't buy rubles. sorry forgot to mention that was the last bulletpoint in my good finance list
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Dec 17, 2014 04:07
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Have you tried /r/personalfinance ?
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Dec 17, 2014 04:08
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Condos.
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Dec 17, 2014 04:09
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Tiberius Thyben posted:Have you tried /r/personalfinance ? are you suggesting I should fraternitise with pedophiles for financial gain?
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Dec 17, 2014 04:10
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don't be like me and spend money on stupid poo poo like fake toy guns
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Dec 17, 2014 04:10
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Lichy posted:are you suggesting I should fraternitise with pedophiles for financial gain? Pros vs cons
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Dec 17, 2014 04:17
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oh well things this thread taught me: -most goons seem to have even less idea about finance than I do -bogies book? -pedophiles
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Dec 17, 2014 04:28
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Serious answer ; the movie dont tell mum the babysitters dead.
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Dec 17, 2014 04:36
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Real answer: John Bogle's "Common Sense on Mutual Funds" He founded the investment house Vanguard based on an investment strategy that he came up with while still in college at Princeton. His whole theory is that stock brokers are retards who over any considerable period of time never beat the natural rise of the market and thus all the money you are paying these swindlers is really just taking away from your bottom line. He really the only investment guy who I have any respect for.
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Dec 17, 2014 04:36
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Lichy posted:are you suggesting I should fraternitise with pedophiles for financial gain? You're already posting on SA.
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Dec 17, 2014 04:37
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Lichy posted:I checked that out and it seems a bit complicated and aimed at people who are already in full control of their wads instead of complete dorks such as this poster you mean you had trouble understanding it or do you mean like more basic/practical advice
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Dec 17, 2014 04:39
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Mange Mite posted:you mean you had trouble understanding it or do you mean like more basic/practical advice bank or mattress?
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Dec 17, 2014 04:46
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NB: I'm in a country with a rapidly crashing currency
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Dec 17, 2014 04:47
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Lichy posted:NB: I'm in a country with a rapidly crashing currency have you considered dogecoins???
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Dec 17, 2014 04:49
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get yo' rear end to bfc also dave ramsey and jesus
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Dec 17, 2014 04:49
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Funkstar Deluxe posted:have you considered dogecoins??? so is that classified as a mattress then?
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Dec 17, 2014 04:49
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any of you retards say bitcoin yet
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Dec 17, 2014 04:50
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Kleen_TheRowdyDog posted:Real answer: John Bogle's "Common Sense on Mutual Funds" Can someone else confirm that this John Bogle isn't some paid up stooge or w/e
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Dec 17, 2014 04:52
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Iron Prince posted:any of you retards say buttcoin yet
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Dec 17, 2014 04:52
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Lichy posted:NB: I'm in a country with a rapidly crashing currency stash your money in something else fast before it becomes worthless.
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Dec 17, 2014 04:53
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| # ? Apr 24, 2024 22:17 |
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make more than you spend and save but also spend and save a lot, that works well
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Dec 17, 2014 04:55
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