Weekend Link Love And Carnival Roundup - 5.3.08
Carnival of Personal Finance
My post on Vanguard’s Global Stock Market Index Fund was included in this week’s Carnival of Personal Finance #150 hosted by Lazy Man And Money. Here are some of my favorite posts from this week’s edition:
Moneyning asks if you would rather get a consistent income or a large upfront payment. Personally, I would prefer a lump-sum but I can see the allure of a consistent income, especially for people who have trouble controlling spending when they have extra money to spend. Wouldn’t it be horrible to receive $1 million and blow it within a few years?
Can I Get Rich On A Salary talks about the glamorous world of Angel Investing. While the returns are enticing (they averaged 27% per year from 1990-2007 according to the article), the risks are large. Perhaps I would engage in angel investing if I had a few million I was willing to gamble with, but for now I think I’ll stick with my more traditional portfolio.
Heather at Debt Free Playbook wrote an excellent post on how to get any fee reduced.
Carnival of Money Stories
My rant on how cable companies rip you off made an appearance in this week’s Carnival of Money Stories.
The Personal Financier explains the origin of the ubiquitous Wall Street terms Bulls and Bears.
The Digerati Life writes about seriously frugal individuals who died millionaires. While most people would probably consider this behaviour crazy, it’s anything but. Some people get infinitely more enjoyment out of the security of knowing their financial future is secure than in actually spending that money.
Thanks so much for the shout-out — I’m glad you enjoyed the read, though you land about where I am as far as angel investing goes.
Thanks so much for your generous comment about my article. I really enjoyed writing it and it’s the longest one I’ve ever done, so it was nice to have it recognised!