Comments on: January 2009 – Net Worth Update and Personal Finance Status http://www.moneybluebook.com/january-2009-net-worth-update-and-personal-finance-status/ Personal Finance Beyond Credit Cards and Balance Transfers Wed, 17 Mar 2010 22:13:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: David http://www.moneybluebook.com/january-2009-net-worth-update-and-personal-finance-status/comment-page-1/#comment-56775 David Sun, 22 Feb 2009 13:32:07 +0000 http://www.moneybluebook.com/?p=4456#comment-56775 In my opinion, you ought to buy a home as soon as you can. Make a decision and get the best deal you can and move on. Buying a home (especially in the DC area) is almost always a good investment over the long term. I also think you ought to be at least 50% in stocks. When you retire you will probably look back and see that stocks now are really low. By avoiding them as you are, you are following the herd and in my opinion that is not the way to make money. I too am a lawyer. I understand that people don't like unsolicited advice so you'll find your own path. I don't often offer unsolicited advice for that reason but in this case I really think you should seriously consider another path. Whatever you do, good luck! It's your money and your life :). In my opinion, you ought to buy a home as soon as you can. Make a decision and get the best deal you can and move on. Buying a home (especially in the DC area) is almost always a good investment over the long term. I also think you ought to be at least 50% in stocks. When you retire you will probably look back and see that stocks now are really low. By avoiding them as you are, you are following the herd and in my opinion that is not the way to make money. I too am a lawyer. I understand that people don’t like unsolicited advice so you’ll find your own path. I don’t often offer unsolicited advice for that reason but in this case I really think you should seriously consider another path. Whatever you do, good luck! It’s your money and your life :) .

]]> By: Dr Doom Himself http://www.moneybluebook.com/january-2009-net-worth-update-and-personal-finance-status/comment-page-1/#comment-55752 Dr Doom Himself Sun, 15 Feb 2009 18:33:18 +0000 http://www.moneybluebook.com/?p=4456#comment-55752 Don't you think you're being a bit too pessimistic and doomish about the economy? I mean it's bad, but it can't possibly be this bad can it? Obama the savior will bail us out right? :) I'm hoping the 2009 economic stimulus plan will get a follow up package to incorporate some type of stimulus checks to help poor souls like myself. Things are not as dire as you suggest, but we can definitely use the financial help! Don’t you think you’re being a bit too pessimistic and doomish about the economy? I mean it’s bad, but it can’t possibly be this bad can it? Obama the savior will bail us out right? :)

I’m hoping the 2009 economic stimulus plan will get a follow up package to incorporate some type of stimulus checks to help poor souls like myself. Things are not as dire as you suggest, but we can definitely use the financial help!

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