5 Questions to Test Your Financial IQ

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1980 beta pollution users debate

laurainetr of 11:51PM February 12, 2010

ontyime.txt;4;5

IhfGLBsPrzHbZCRjpRO of 1:04AM August 09, 2009

+1

soundtracks of AL 5:01AM July 17, 2009

After investing in many different things over my early years, I discovered John Bogle, Vanguard, index funds and Asset Allocaton. Even after losing about 22% of my net worth since Oct, 2007, I still have more than $1.5 M in investments. I read a lot about financial stuff, but I have never used an official adviser. Index funds through low cost fees and EFT's are the way to go.

PapaJohn of VA 5:25PM June 19, 2009

A lot of our problems financially comes from trying to keep up with the Jones'. If you live within your means, a credit card will never be in your pocket. Mr.Warren Buffet has lived in the same house for many years, he could afford better, but does not require it.
You can live just as well without an alligator on your shirt.
Waste not, want not.

edmond jones of TX 10:57AM June 13, 2009

This is not rocket science !

Bob Trundle of NC 6:55AM June 07, 2009

If you are broke, join the Army. Life is good.

Jake of TX 10:37AM June 06, 2009

Like Frank Little of CA, I feel the use of credit should be a convience, not a necessity. If I cannot
pay for any consumer item within the grace period,I simply will not buy it. This is not complicated and if people would do this, nearly all debt problems would be eliminated. Giant monster mega-banks would not be able to rip off the American consumer as they have in the past 20 years or so. We need someone on the side of the consumer in Washington so the interest rates will cap at 10-12%. Too many Congressmen and Senators have been all to willing to take payoff money from the big bank lobby and have helped create the mess we have today. Mr. Little has condensed into 5 small paragraphs all most of us need to know about financial matters.
Now if we could only get some non-corrupt Senators on
the Senate Banking Committee---

Jim Baures of WI 12:36PM May 22, 2009

Credit is the enemy of the United States. Our government is a poor example and perhaps the worst example.
In my 82 years I have always been poor. I could never afford to spend for any sort of luxuries.
This was an advantage. I have never run a credit card balance. My home is free and clear. My auto is also paid for.
I believe that, "If you can't afford to pay cash, then you sure as hell can't afford to pay cash plus interest." It works for me!
Now my children, grandchildren and great-grandchildren are going to pay for all those idiots who are more ignorant than me.

Frank Little of CA 9:12PM April 12, 2009

As a Dave Ramsey (voluteer) FINANCIAL PEACE UNIVERSITY facilitator for 57 wonderful Florida individuals in the 13-week program (and as a high school teacher) I can tell you that most of us Americans are IGNORANT when it comes to our finances. The fact that we, as a country, are drowning in debt (personal, couple, local govt, state govt, and especially fed govt) is proof that we are clueless or apathetic (or both). We are killing any chances for our children and their children to get fiscally healthy and live the lives we do (or our parents did) due to our lousy choices. Even welfare recipients can learn fiscal health from programs such as Ramsey's. My husband and I rid ourselves of $18,000 in debt since 2007. We drive old vehicles, limit our travels, live in a nice house for just $834 monthly (on an over $94,000 salary), do not possess credit cards, use debtit cards, shop nice sale racks, etc. Our young kids are already telling their friends how dumb credit cards are (and why) so hopefully THEY stand a better chance in life to live well post college. Life is about CHOICES and we must own those choices before we stand a chance at fiscal salavation. On April 15 I will be at a downtown TEA PARTY. Everyone should listen to Dave's radio program or check out his online site; he provides a wealth of info on how taxes HARM the very people they are supposed to help...Just more income distribution thanks to our incompetent political "leaders."

FLNonny of FL 2:50PM April 11, 2009