tag:blogger.com,1999:blog-8242926316765633205.post1546213031667756475..comments2024-03-17T04:14:44.845-05:00Comments on Frugal Scholar: Favorite Books of My Financial Adviser...errrrr....SonFrugal Scholarhttp://www.blogger.com/profile/12696815672500452503noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8242926316765633205.post-43869073471181848612011-05-07T09:13:19.039-05:002011-05-07T09:13:19.039-05:00I think that's cute and kind of fun. I own all...I think that's cute and kind of fun. I own all of seventeen stocks for the interesting factor of owning stocks and watching them bobble up and down. For the most part, I bought low enough that they've always stayed above purchase price so theoretically I should be able to sell for a handful of change in profit (all I'd ever be able to do with only SEVENTEEN shares!) <br /><br />Of course everything else I own in investments are funds.Revanchehttps://www.blogger.com/profile/07293868300535734672noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-79438579572991159042011-05-04T04:23:15.039-05:002011-05-04T04:23:15.039-05:00My level is still Eric Tyson's Personal Financ...My level is still Eric Tyson's Personal Finance for Dummies. I also enjoyed reading some of Suze Orman's for a while and more recently Dave Ramsey. I don't mess with individual stocks though at one time I was interested and did sharebuilder.All my investements are inside my 401k and roth IRA; other savings so far are in credit unions/savings accountsSuzyhttps://www.blogger.com/profile/09736403277973311615noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-42140875120371712552011-05-03T18:58:50.060-05:002011-05-03T18:58:50.060-05:00@Shelley--Even my son has mostly funds. Believe me...@Shelley--Even my son has mostly funds. Believe me, I'm sticking to 95% index fund. too.Frugal Scholarhttps://www.blogger.com/profile/12696815672500452503noreply@blogger.comtag:blogger.com,1999:blog-8242926316765633205.post-81488012277006117812011-05-03T08:17:55.944-05:002011-05-03T08:17:55.944-05:00I've sometimes thought choosing stocks that ha...I've sometimes thought choosing stocks that have added benefits, ie let you upgrade or give you advance notice, free tickets, etc. would be fun. I gather these used to exist, but no idea if they still do. I have a small pot of money in 401/457K stocks. Otherwise the last few years I've put money into funds. One has done poorly (chosen by my crook of a financial advisor), one has done reasonably well (Bill's recommendation). The one that has done best? (20% income?) The index fund: no fees.<br /><br />The hard thing I gather (no expert here at all) with buying your own individually selected stocks is diversification. Unless you've loads of cash, it would take a fair bit of time to spread the risk. <br /><br />Those books are on my list to read, but until I'm convinced otherwise, I'm likely to stick with my index linked stocks.Shelleyhttps://www.blogger.com/profile/10239488936038510294noreply@blogger.com