Me: Baby, how much should I save, and why? Her: How much? A lot. Why? To make me happy. We each have our own reasons for saving… what are yours? How much should I save, and why? Before we can answer this question, we need to ask another question: What is my time preference? In… [Read More]
Stocks Are Far More Risky When Valuations Are High
The following is a guest post by Rob Bennett. I advocate Valuation-Informed Indexing. This strategy calls for the investor to increase his stock allocation when prices are low and to decrease his allocation when prices are high. You can read about the basics of the strategy in a guest blog entry that I recently wrote… [Read More]
Weekend Reading: Last Days of Summer
Guest Posts My first guest post is live! The theme is “the difference between volunteering and forced giving”, through a tale of a traveler, a poor woman, and a scheming farmer. Thanks to Christian Common Cents for publishing! Weekend Reading The Yakezie gives us some more details about membership and the belt system.