Weekend Reading Assignments For 20-Somethings Who Care About Their Future And Their Money
As yet another interesting week comes to a close, instead of wrapping up the week with some of my own commentary, I have decided to pass along some of the good tidbits that I have read this week. Hope you enjoy.
Great article over at Seeking Alpha about the current cycle that has become evident in our economy and financial system. If this pattern is correct, we are in for more and worse lows in the stock market.
Another Seeking Alpha article talks about Boone Pickens and his plan. Click here to read more about the Pickens Plan. I’m sick of hearing people criticize this plan. At least it’s a solution and someone is investing his own money into the solution! Guess what, Pickens is in his mid-80’s. He won’t see the future he is investing in. Oh yeah, he has $4 billion in the bank also; he doesn’t need the money. Who else is stepping up and offering real solutions? Congress? Al Gore? C’mon guys, get on board with this.
My good friend Hank at My Investing Blog does a great job of tracking his net worth. This is a great exercise for anybody to begin doing. Take a look at his spreadsheet he uses and implement something similar in your life!
The heavily criticized Kiyosaki is not the best writer and is sometimes full of himself, however, he has been extremely successful and I agree with his views on the U.S. government. Here is another article discussing the current economic environment and some ways to profit from it.
The Wild Investor has just released a free ebook for beginning investors entitled Guide To Entering the Stock Market. Check it out.
A great article on thirteen laws of money. Interesting points to be aware of as you build your wealth.
Lastly, here’s a good article about the instant gratification nation that we are today. Self control can lead to more savings and lead to wealth. Where do you stand?
Have a good weekend everybody. I’m off to Sawgrass, FL for some relaxation at the golf course and the pool!
P.S. I am working on a great new side business that I am excited to share with the 20s Money community. I will break the news first to the subscribers of the site, so be sure to subscribe to 20s Money!