By Amanda Morrall
1) The Lost Decade
We, or rather I, have an on-going debate with a fellow colleague (I won't say who) about whether investing in the stock market is a waste of money. Said challenger fires at me memorised and oft recited stats about historical and epic failures of the stock markets. I admit I'm not an expert, rather a curious bystander with an interest who believes that selectively purchased stocks held for the long-course (ala Warren Buffett style) will pay good returns.
Along those lines, this blogger from my personalfinancejourney.com decided tuck into into the "Lost Decade" debate, the merits of dollar cost averaging and retirement savings strategies that work. Quite interesting.
2) Time to get out of the market?
In a similar vein, this item, posted on Forbes Money looks at the damage emotionally reactive investors usually cause themselves by jumping in and out of the stock market at the wrong time. Writer Liz Davidson also offers some advice on how to strategically withdraw from the market to minimise losses.
3) Jobs that fit like a glove
Salary is often the No.1 bait for employees trolling the job market. Most of us instinctively feel that a job that pays us more will make us happier. Money is a perk but job satisfaction is multi-factorial.
This post on wealthpilgrim.com outlines some of the considerations for those headed into the job market or else exploring their options.
4) Banking apps
Apparently there's close to half a million apps on the market. The diversity of choice is overwhelming for me. That said, I love the sound of some of these banking apps coming out. Not sure if any of the banks here in NZ are on board yet but here's one that caught my attention. Everytime you spend money, you get an email send to your phone updating you with your latest balance. It's like a nagging mother, who you can't ignore.
5) The Goodie two shoes challenge
In a past Take Five, I mentioned a website called Good which puts a rare positive spin on what's happening in the world. Earlier this month, they launched a 30-day Good challenge. The initiative involves 30 good deeds meted out in daily email challenges. I like the latest one: to email someone you admire but have never met. I've done this on a few occasions to writers whom I admire. Can't say I ever heard back from them but what the hell, who doesn't like a compliment. Eventually what you put out, comes right back - often when and from someone whom you least expect.
Go forth and email....if the virtual networking leads anywhere interesting let me know. Email me.