I'm a little overwhelmed at the moment....but in a very good way. I'm losing like crazy at the internet stock exchange game I mentioned earlier. I'm also learning a ton-I suppose I'm denser than most to realize that YES, it's more complicated than it looks! It's also SO MUCH FUN!
I don't know how many of you were a little concerned about the market today. To see it drop right off the bat like that was certainly disconcerting.
I'm still thinking of buying some gold....I don't know if I can get a 1/2 oz. coin or something. The economist on the Glenn Beck show last week said we didn't need to buy a lot of gold...he just advised we get a little bit, whatever we can afford. Last week, I could've found $1000 or so. This week, it's closer to $500. Seeing how the price rose in the last 24 hours and making me think I should just get something and hold onto it. Too much time spent thinking about it and I might never get around to it. Goldline sends out free info on investing in gold.
Glenn also had an interesting segment on his program today.
Tuesday, January 22, 2008
Tuesday, January 15, 2008
Now is the time to teach those kiddos!
I've spent most of my life intimidated by the financial planning world. I would do what I was told, save what I could, and figure the details were over my head.
The time for that kind of thinking is over, me thinks.
I'm tired of not understanding the financial news on the TV or radio, I'm tired of feeling my eyes glaze over as I try to follow market reports. Now that I'm in mid-30's, I am so enjoying the new feeling of freedom from incompetency that plagued me through my teens and even in my 20's. I won't blame my parents that they didn't teach me these things....they had a lot on their plate back then. It might have saved me a ton of mistakes but then again, maybe not. Perhaps I needed those mistakes!
I feel that the understanding right here now, right before my very eyes...just beyond my fingertips-that I can understand what investments and Wall Street are all about. I truly believe in my own intelligence....I can do this!!
However, I do want to be realistic about my starting point. Which brings me to something I discovered that I am very excited to share! I tend to love kids and young adult books when exploring an unfamiliar topic. I discovered this particular joy while homeschooling. Suddenly I could read with ease about all the battles of the Revolutionary War or plant biology....and not feel overwhelmed. I used to keep that little secret to myself until my brother-in-law, who is a very intelligent teacher, said he loves to read kids books for the same reason! I felt such relief...I wasn't a dummy! Ever since, I read my kids books like there's no tomorrow!
There are a plethara of sites and financial education sites for children on the internet. I found these particular sites after signing up for their free virtual stock exchange game! I start tomorrow and I can not wait. There are a ton of games to join, you can compete with others, and it runs only while the market is open. Anyone care to join me? And I'd enjoy hearing if anyone checks out those sites-what did you think?
Until then, I'll be reading my 11 year old son's copy of The Young Investor. It appears I have some catching up to do.
The time for that kind of thinking is over, me thinks.
I'm tired of not understanding the financial news on the TV or radio, I'm tired of feeling my eyes glaze over as I try to follow market reports. Now that I'm in mid-30's, I am so enjoying the new feeling of freedom from incompetency that plagued me through my teens and even in my 20's. I won't blame my parents that they didn't teach me these things....they had a lot on their plate back then. It might have saved me a ton of mistakes but then again, maybe not. Perhaps I needed those mistakes!
I feel that the understanding right here now, right before my very eyes...just beyond my fingertips-that I can understand what investments and Wall Street are all about. I truly believe in my own intelligence....I can do this!!
However, I do want to be realistic about my starting point. Which brings me to something I discovered that I am very excited to share! I tend to love kids and young adult books when exploring an unfamiliar topic. I discovered this particular joy while homeschooling. Suddenly I could read with ease about all the battles of the Revolutionary War or plant biology....and not feel overwhelmed. I used to keep that little secret to myself until my brother-in-law, who is a very intelligent teacher, said he loves to read kids books for the same reason! I felt such relief...I wasn't a dummy! Ever since, I read my kids books like there's no tomorrow!
There are a plethara of sites and financial education sites for children on the internet. I found these particular sites after signing up for their free virtual stock exchange game! I start tomorrow and I can not wait. There are a ton of games to join, you can compete with others, and it runs only while the market is open. Anyone care to join me? And I'd enjoy hearing if anyone checks out those sites-what did you think?
Until then, I'll be reading my 11 year old son's copy of The Young Investor. It appears I have some catching up to do.
Glenn Beck’s interview with Comptroller General David Walker on Becks CNN nightly Headline News was alarming and saddening at the same time. Please take the time to watch it, it’s less than 10 minutes. I find it interesting that considering how important this information is, I haven’t heard a hint of it anywhere else.
This has caused me to re-examine my opinions on the issues addressed by the presidential candidates as well as our family's finances. I created this blog to provide a forum to share what I am learning with others. I would LOVE to hear your opinions as we go along.
As a former home schooling mother, I find learning fascinating. I was not educated on personal financial responsibility as a youngster, as a result I have made many stupid mistakes. I am the queen of the stupid tax as Dave Ramsey would say!
Napoléon Bonaparte
After making a mistake or suffering a misfortune, the man of genius always gets back on his feet.
This has caused me to re-examine my opinions on the issues addressed by the presidential candidates as well as our family's finances. I created this blog to provide a forum to share what I am learning with others. I would LOVE to hear your opinions as we go along.
As a former home schooling mother, I find learning fascinating. I was not educated on personal financial responsibility as a youngster, as a result I have made many stupid mistakes. I am the queen of the stupid tax as Dave Ramsey would say!
Napoléon Bonaparte
After making a mistake or suffering a misfortune, the man of genius always gets back on his feet.
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