Here’s a conundrum. If you compare investors’ returns in funds to the returns of the funds themselves, they should be the same, right?
Well, no. You see, “studies find that the returns investors have earned over time are much lower than the returns of the average investment,” writes Carl Richards, the Sharpie-wielding Bucks blogger at the New Y… read more »
Over at Fast Company, Anya Kamenetz has a fascinating article on “The Career of the Future.” Complete with timelines of several people’s working lives, the piece claims that the median tenure of a worker on the job these days is 4 years. Forget lifetime employment. Now we have 10-11 jobs apiece. How do you navigate that world?
Strategic j… read more »
One of the true joys I remember from 4th and 5th grade was earning my junior Girl Scout badges. My troop earned plenty through projects we did at meetings, but that was not sufficient for me. Oh no. I needed to freelance on the side. And so, I used to page through the handbook on a daily basis, setting my sights on a new badge. I’d look through the requirements and s… read more »
In the first chapter of All the Money in the World, I note that most personal finance books tell readers to keep track of all the money going in and out. The usual point of this is to make sure that the “money coming in” category is bigger than the “money going out” category. Which is, of course, a good thing to know.
But let’s say it… read more »
In late 2010, shortly after I got a contract to write the book that would become All the Money in the World, I started asking everyone I knew for people with interesting money stories. One friend, who at the time was quite into couponing, mentioned a coupon blogger who’d paid cash for a house. I thought this sounded intriguing, though I believe my line at the ti… read more »