Comments on: Ten Myths About Money That You Cannot Afford to Ignore http://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/ Own the dollar....don't let the dollar own you. Wed, 25 Jan 2012 14:35:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: PF Bloggers’ Weekly Roundup » JoeTaxpayerhttp://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/#comment-8057 PF Bloggers’ Weekly Roundup » JoeTaxpayer Sun, 20 Sep 2009 12:04:39 +0000 http://ownthedollar.com/?p=1766#comment-8057 [...] keep updating my popular List of Lists, as the new ones are pretty list-worthy. This week’s Ten Myths About Money That You Cannot Afford to Ignore offers a nice myth list including “You Can Time The Market” (uh, not really) and [...] [...] keep updating my popular List of Lists, as the new ones are pretty list-worthy. This week’s Ten Myths About Money That You Cannot Afford to Ignore offers a nice myth list including “You Can Time The Market” (uh, not really) and [...]

]]> By: Peter Lukehttp://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/#comment-7880 Peter Luke Wed, 16 Sep 2009 00:04:07 +0000 http://ownthedollar.com/?p=1766#comment-7880 I found your article entertaining as it is useful. Number 7 is particularly true and relevant to the present economic situation. This point just can not be ignored. <a href="http://www.http://www.mywellofwealth.com/" rel="nofollow">My Well Of wealth</a> I found your article entertaining as it is useful. Number 7 is particularly true and relevant to the present economic situation. This point just can not be ignored.
http://www.mywellofwealth.com/” rel=”nofollow”>My Well Of wealth

]]> By: Evolution of Wealthhttp://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/#comment-7798 Evolution of Wealth Sun, 13 Sep 2009 11:37:03 +0000 http://ownthedollar.com/?p=1766#comment-7798 I think Jason makes a good point. It reminds me of tech in the late 90s and the housing market a few years ago. Both over a long period of time have lower return numbers then but with the right time frame had huge returns. So is gold destined to follow the other two? I particularly like #8 as I think people are brainwashed to believe that their spending will go done. Times have changed and they are still planning off the basis of their grandparents who had short retirements which consisted of sitting around the house because 70 was todays 90 or maybe even todays 100 it seems. The scariest I think is #9. I agree with you for the most part. If a person doesn't have "skill, knowledge, patience and hard work", what is it then? Does it become a horse race? The person reads about the past performance and maybe one writer's take and then they through their money in. I think Jason makes a good point. It reminds me of tech in the late 90s and the housing market a few years ago. Both over a long period of time have lower return numbers then but with the right time frame had huge returns. So is gold destined to follow the other two?

I particularly like #8 as I think people are brainwashed to believe that their spending will go done. Times have changed and they are still planning off the basis of their grandparents who had short retirements which consisted of sitting around the house because 70 was todays 90 or maybe even todays 100 it seems.

The scariest I think is #9. I agree with you for the most part. If a person doesn’t have “skill, knowledge, patience and hard work”, what is it then? Does it become a horse race? The person reads about the past performance and maybe one writer’s take and then they through their money in.

]]> By: * I Am A Badass Personal Finance Bloggerhttp://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/#comment-7786 * I Am A Badass Personal Finance Blogger Sun, 13 Sep 2009 04:14:38 +0000 http://ownthedollar.com/?p=1766#comment-7786 [...] Ten Myths About Money That You Cannot Afford to Ignore – Just click damn it. [...] [...] Ten Myths About Money That You Cannot Afford to Ignore – Just click damn it. [...]

]]> By: Jasonhttp://ownthedollar.com/2009/09/ten-myths-money-afford-ignore/#comment-7659 Jason Wed, 09 Sep 2009 19:09:05 +0000 http://ownthedollar.com/?p=1766#comment-7659 While the price of gold has only increased 4.5%/year when averaged from the end of the gold standard to today's prices, the return on investment in gold since 2001 is anything but an 4.5% linear curve, its nearly exponential. While I'm not an advocate of investing in precious metals, its hard to ignore that kind of performance over the last 8 yrs. Jason While the price of gold has only increased 4.5%/year when averaged from the end of the gold standard to today’s prices, the return on investment in gold since 2001 is anything but an 4.5% linear curve, its nearly exponential. While I’m not an advocate of investing in precious metals, its hard to ignore that kind of performance over the last 8 yrs.

Jason

]]>