Yep, sorry to say that these aren't very interesting, but I'll elaborate on that in a bit.
* Our workplace gave us a $10 Wal-mart gift card for having a no-accident quarter. Sweet. I wonder what I need that I can get from Wal-mart?
* My taxes still aren't done. The IRS sent back paperwork saying that I wrote my signature wrong. Doh! The only thing I could think of is that I didn't sign my middle initial. Does that even matter? Anyways, I've sent it back with my full signature, including middle initial. This is not turning out to be a good first-time experience with itemized deductions.
* I just got back from lunch at a buffet where I sat next to a pretty vocal group of men talking the whole time about investing. Now, some of the worst financial conversations I've ever heard are from settings like this. So, I expected no different here, and figured if nothing else, it's good fodder for a blog entry.
Unfortunately, I left disappointed.
They talked about being patient and thinking long-term. They talked about diversification. They talked about minimizing fund fees. I had to hide my smile because I didn't want them to realize I was eavesdropping.
There were some things that I did not entirely agree with though. For example, I'm not entirely certain it's worth trying to shop around for more "skilled" fund managers. They also talked about how diversification can blunt returns. While it is possible to over-diversify, the idea of diversification in the first place isn't so much to blunt your gains as it is to minimize your losses. Basically, don't put all of your eggs in one basket.
Overall though, I was quite impressed. This was, by far, the best restaurant financial talk I've ever heard. Which is unfortunate, because it doesn't make for a very interesting entry.
Not so interesting quickies
April 14th, 2010 at 05:16 pm
April 14th, 2010 at 07:34 pm 1271273660
April 14th, 2010 at 10:12 pm 1271283129
April 15th, 2010 at 02:36 am 1271298963
April 15th, 2010 at 11:31 pm 1271374319