Comments on: Stupid http://www.moneyrelations.com/2007/07/25/stupid/ Investing for beginners Sat, 06 Sep 2008 21:36:12 +0000 http://wordpress.org/?v=2.5.1 By: moneyrelations http://www.moneyrelations.com/2007/07/25/stupid/#comment-12 moneyrelations Tue, 31 Jul 2007 21:55:40 +0000 http://www.moneyrelations.com/?p=19#comment-12 Hi GoldnSilver! Yes, that's exactly what I'm going to do now. I had set up automatic purchases into some index mutual funds but I guess I'm a better saver than I thought so it gathered up nicely. It was also a hassle to transfer money back and forth between institutions when I needed it. I seem to either make irrational decisions without thinking or I think too much and don't act. I'm going to make auto transfers to a money market fund with my bank so the money will be ready when I need it for those cheap buys :) Hi GoldnSilver! Yes, that’s exactly what I’m going to do now. I had set up automatic purchases into some index mutual funds but I guess I’m a better saver than I thought so it gathered up nicely. It was also a hassle to transfer money back and forth between institutions when I needed it. I seem to either make irrational decisions without thinking or I think too much and don’t act. I’m going to make auto transfers to a money market fund with my bank so the money will be ready when I need it for those cheap buys :)

]]> By: GoldnSilver http://www.moneyrelations.com/2007/07/25/stupid/#comment-11 GoldnSilver Tue, 31 Jul 2007 19:27:59 +0000 http://www.moneyrelations.com/?p=19#comment-11 Why don't you set up an automatic transfer from your checking to savings? just a suggestion. Why don’t you set up an automatic transfer from your checking to savings?

just a suggestion.

]]> By: moneyrelations http://www.moneyrelations.com/2007/07/25/stupid/#comment-5 moneyrelations Wed, 25 Jul 2007 23:14:48 +0000 http://www.moneyrelations.com/?p=19#comment-5 <p>I was actually hesitant about this post. It's downright embarrassing. Here I am calculating MER savings but I don't even see the forest for the trees and put it in a savings account? Mea maxima culpa. </p> <p>I think we are insensitive to savings accounts' returns. 3.5%? Yeah, whatever. Let me invest in the ultra hot market for a huge gain. However, if you take the time to do the number crunching, it puts things in a new perspective. You're right, free money for no risk isn't bad at all.</p> <p>Oh well, this is exactly what this blog is for-- to record my boneheaded moves for the betterment of mankind.</p> I was actually hesitant about this post. It’s downright embarrassing. Here I am calculating MER savings but I don’t even see the forest for the trees and put it in a savings account? Mea maxima culpa.

I think we are insensitive to savings accounts’ returns. 3.5%? Yeah, whatever. Let me invest in the ultra hot market for a huge gain. However, if you take the time to do the number crunching, it puts things in a new perspective. You’re right, free money for no risk isn’t bad at all.

Oh well, this is exactly what this blog is for– to record my boneheaded moves for the betterment of mankind.

]]> By: growthinvalue http://www.moneyrelations.com/2007/07/25/stupid/#comment-4 growthinvalue Wed, 25 Jul 2007 22:02:06 +0000 http://www.moneyrelations.com/?p=19#comment-4 You sound like my GF -- she who has THOUSANDS hanging around in a chequing account because she never gets around to moving it somewhere else. Like, seriously. It's free money. You sound like my GF — she who has THOUSANDS hanging around in a chequing account because she never gets around to moving it somewhere else.

Like, seriously. It’s free money.

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