Comments on: Do You Need A Little Balance When It Comes To Matters Of Personal Finance? http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/ Debt Reduction Rocks - We Are Living Debt Free! Sat, 21 Nov 2009 11:44:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: JEM http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-83059 JEM Mon, 04 Feb 2008 17:39:15 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-83059 Easier said than done...I'm trying. Easier said than done…I’m trying.

]]> By: JEM http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-83058 JEM Mon, 04 Feb 2008 17:38:52 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-83058 Much harder than is sounds... Much harder than is sounds…

]]> By: Weekend Linkage - February 3, 2008 | The Suns Financial Diary | A Personal Finance Blog on Saving and Investing http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-82480 Weekend Linkage - February 3, 2008 | The Suns Financial Diary | A Personal Finance Blog on Saving and Investing Sun, 03 Feb 2008 15:51:21 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-82480 [...] NCN at No Credit Needed asked: Do you need a little balance when it comes to matters of personal finance? [...] [...] NCN at No Credit Needed asked: Do you need a little balance when it comes to matters of personal finance? [...]

]]> By: Weekend Links - Rooting For the Underdogs Edition http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-82133 Weekend Links - Rooting For the Underdogs Edition Sat, 02 Feb 2008 21:24:12 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-82133 [...] No Credit Needed reminds everyone (but I’ll take it as personal advice) that personal finance requires a balance. [...] [...] No Credit Needed reminds everyone (but I’ll take it as personal advice) that personal finance requires a balance. [...]

]]> By: Meg http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-82020 Meg Sat, 02 Feb 2008 18:00:37 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-82020 Thanks for the mention! I shifted the point of my article there at the end to highlight the virtues of not spending so much time/effort on trying to raise the return of your investments. But the original purpose of the article is that your returns don't even matter until you have around a million bucks anyway; what matters is your savings/contribution rate. So quit wasting time trying to beat the market or trade into a slightly higher yielding savings account. I totally agree with you that many people (perhaps those spending their Saturday morning reading PF blogs, like me) spend too much time reading, analyzing, and agonizing over their finances. Obviously if you're talking about most Americans nothing could be further from the truth. Good point! Thanks for the mention! I shifted the point of my article there at the end to highlight the virtues of not spending so much time/effort on trying to raise the return of your investments. But the original purpose of the article is that your returns don’t even matter until you have around a million bucks anyway; what matters is your savings/contribution rate. So quit wasting time trying to beat the market or trade into a slightly higher yielding savings account.

I totally agree with you that many people (perhaps those spending their Saturday morning reading PF blogs, like me) spend too much time reading, analyzing, and agonizing over their finances. Obviously if you’re talking about most Americans nothing could be further from the truth. Good point!

]]> By: Early Retirement Extreme http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/comment-page-1/#comment-81747 Early Retirement Extreme Sat, 02 Feb 2008 06:31:51 +0000 http://www.ncnblog.com/2008/02/02/do-you-need-a-little-balance-when-it-comes-to-matters-of-personal-finance/#comment-81747 The easiest thing is simply to calculate the hourly wage corresponding to one's surplus return. E.g. if one has $25000 invested and spend 100 hours on getting 1% above the market rate, then then hourly wage is 25000*0.01/100 = $2.5/hr. In this case it is not worth it. But consider $250000 with 2% ... The easiest thing is simply to calculate the hourly wage corresponding to one’s surplus return. E.g. if one has $25000 invested and spend 100 hours on getting 1% above the market rate, then then hourly wage is 25000*0.01/100 = $2.5/hr. In this case it is not worth it. But consider $250000 with 2% …

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