Page 45 - Peter Lynch News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Three languages and have a deep understanding of quantum physics, but do you know the one thing they almost never teach you in high school, let alone touch with a ten foot pole in college . Financial literacy. And im not talking about economics here, you could be an econ major and still learn nothing about personal Financial Planning or retirement redness or even how to balance a checkbook. Money is just not talked about in education. Its like the third rail of the whole educational system. And thats why im on a Constant Mission to teach you about every aspect managing your money so you will b...

I dont blame them. I was a rambunctious kid myself when i started to manage my own money at first i didnt know the rules and when i learned them, i sprang them because i didnt believe they could help or cut off my upside. Even if they cushioned the inevitable downside. The rules kept me from making a huge amount of money when things were going gangbusters in order to keep me from losing money when things went badly. The house of pain. The rules im discussing keep you in the game even when things are tough and you make those mistakes. The rules protect you against your own bad judgment whats go...

Its a fact of life and over the years, even as stocks have climbed and climbed, there have been swoons, i mean real swoons, gogoown swoons. Sell sell sell. That drove people out. They went to securities that give you little or no return. Then they watched the big gains from the sidelines. Now i totally understand the aversion to stocks many have these days. We have reasons to be disenchanted. The huge downturns of 2000 and 2001, the blight on stocks when cut ininalf from 2007 to 200 debacles like the flash crash or facebook ipo. House of pain. Insider trading cases an the obvious situations wh...

Checkbook. Money is just not talked about in education. s like the third rail of the whole educationanasystem. And thats why im on a Constant Mission to teach you about every aspect managing your money so you will be able to become a better investor both when it comes to retirement investing and playing ououwith what i call your discretionary mad money portfolio which is a big machine why i wrote get rich carefully to begin with. Most of you even if you dont own individual stocks directly you probably have some exposure to the stock market, 401 k plan where you keep the bulk of your Retirement...

Were going gangbusters in order to keep me from losing money when things went badly. The house of pain. The rules im discussing keep you in the game even when things are tough and you make those mistakes. The rules protect you against your own bad judgment whats going on in the companies you own or whatever is happening in the market overall. If youre going to make money using stocks because you just cant get much of a return anywhere else these days, thats pretty much the case, youre going to have to work harder with your money to do so. And that requires discipline. Discipline because once y...