Well it is Friday and exactly 7 days from today little kids all over the world are going to be tearing through wrapping paper like there is no tomorrow. I remember many a sleepless night waiting up to hear Santa and his Reindeer. We would wake up at 4am ready to go only to be yelled at to stay put until coffee was made. The excitement of waiting to see what Santa had brought was unbelievable. I miss those simple days, my Christmas joy has shifted to the joy I get from seeing the three greatest people in my life light up at the gifts they receive. My two boys went all elfin to wish my readers a Happy Holidays so check out this video, read through the weeks links, and I wish you and yours a Happy Holidays.
This weeks links :
@MyLifeROI starts us off with a fun post on the personal finance lessons we can learn from board games. The most pertinent thing to take away from this post is the part luck plays in not only the games but our finances as well. No matter how much we plan there is always an element of luck either good or bad.
@InvestorJunkie clued me in on the 4% rule of investing. Investing is my one serious shortcoming, I just don’t know much about it so I eat up these kinds of posts. Look for more info on my ineptitude after Christmas.
@NoDebtPlan talks about going radical this Christmas on his site. I am certainly not going gift less this year, but then I have a 3 year old who would not be happy should he have nothing under the tree. I thinking giving the gift of your personal financial freedom is an excellent idea though.
@EvolutionWealth talks about the two worst financial tools. I personally disagree with 1/2 of the argument. I think my 401k is an excellent tool for what it is intended to be. It isn’t a swiss army knife but as a specialized saw it is better than the one that comes with my dinky knife. On the other hand I agree completely about your home. It is an investment but not one with any regular returns. It doesn’t provide you, nor will it, with any sort of regular income.
@clarifinancial interviewed the infamous J. Money this week. I don’t really have anything insightful to say about it, I just enjoy reading these kinds of interviews. It pays to know about the people who write what you read.
Carnivals
Organize Your Office was in The Carnival of Personal Finance @ Well Heeled Blog if you didn’t check out this carnival you need to.
Don’t Can Your Computer was in the Festival of Frugality @ Negotiation Board
The Secret art of Tipping in the Money Hacks Carnival @ Len Penzo
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Thanks for shout out! I plan on discussing other less common topics like that. Business life, being an entrepreneur and in the end how it relates to investing. In the end what we all want is financial freedom.
I tend to go question the accepted norms and my articles will reflect this..
Cheers!
Wow. Thanks for including me. Interviews are always interesting to me, but I never figured they would get this kind of attention. I hope to keep the Fresh Perspective series interesting.
Thank you for the mention! I, too, think that a 401k is a great tool, when used correctly. Unfortunately, most people don’t fully understand the true purpose of a 401k and how to use it properly.
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