June 2007

Making the Most of Morningstar: Introduction

June 16, 2007

Morningstar offers a wealth of free and paid tools, research and analysis of stocks, bonds and mutual funds. As useful as this information can be, however, it can feel like information-overload or just plain confusing. For example, when I first started using Morningstar, I had many questions: what does the Morningstar Star ratings mean and [...]

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Are Mutual Funds for the Poor?

June 15, 2007

The Wealth Report, a WSJ blog written by Robert Frank, recently posted an interesting article entitled How the Rich Invest. The upshot of the article is that the rich don’t invest in mutual funds or ETFs. A survey conducted by Prince & Associates, Inc. found that for those investing more than $20 million, not one [...]

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Motivation and Money Tip # 7: Be Thankful

June 15, 2007

Recently, I watched the movie, The Pursuit of Happyness, starring Will Smith. The movie, which is based on a true story, is about a father trying desperately to provide for his family and to make a better life for himself. Will Smith plays Chris Gardner, a salesman of medical equipment who is just getting by. [...]

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Can PF Bloggers Share Too Much?

June 15, 2007

I ran across an interesting post today at Consumerism Commentary called Wall Street Journal: Managing Money in Public. The post is about a Wall Street Journal article describing the trend of twentysomethings sharing their personal finance information online. I recommend the article, which includes a number of links to sites that enable you to publish [...]

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The Year was 1924, the Man was Ed Leffler

June 14, 2007

The Dough Roller regularly looks Back to the Future because “even if the time for action has gone by, the time for extracting a lesson from history is ever at hand for those who are wise.”–Demosthenes (384-322 BCE) I read an article the other day about closed-end mutual funds by Fire Finance entitled, Closed End [...]

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Has Rich Dad Been Reading The Dough Roller?

June 13, 2007

One week ago, I wrote an article (Rich Dad Gives Lousy Advice) that was critical of Rich Dad, Poor Dad author Robert Kiyosaki’s comparison of mutual funds to playing the lottery. I’ve grown more and more concerned with the “advice” he’s been dishing out on Yahoo! Finance lately. Frankly, it’s dangerous, and I extended an [...]

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Festival of Frugality #78

June 12, 2007

The 78th Festival of Frugality is now available at Frugal Upstate. Frugal Upstate included The Dough Roller’s article on The Dark Side of Placing Your Finances on Autopilot. Thanks, Frugal Upstate. Here are a few articles I found of particular interest: VOIP: It Will Save You Money, I Promise @ Getting Green: We’ve used VOIP [...]

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“How to Make $1 Million in a Day” and Other Titles You Shouldn’t Believe

June 12, 2007

I’m a big believer in the philosophy of “Under promise and over deliver.” Many times with personal finance books, however, the title of the book looks promising, but a quick flip through the pages returns a big disappointment. I had a similar experience with CNNMoney.com this week. Last Wednesday, a business article was published on [...]

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Carnival of Personal Finance #104: Minimalist Edition

June 11, 2007

The Carnival of Personal Finance #104: Minimalist Edition is up at Getting Green. You can find many great articles on personal finance. My article, Rich Dad gives lousy advice, is listed under the Family & Money section. Thanks, Getting Green! Here are a few articles I found particularly interesting: Love & Marriage: Show Your Spouse [...]

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