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Thank god he didn't have an 8.5x11
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Free registration at the forum removes this block.I guess I won't need Beer & Pancakes any more.http://www.businessinsider.com/financial-advice-written-on-an-index-card-2013-9
Looking for financial advice? (slowlane)
Here you go!
Economist Sendhil Mullainathan tweeted out a photo of an index card that was made by professor Harold Pollack, which contains just about all of the financial advice you're ever going to need
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It's like being inside a fishbowl - no one in the slowlane understands they're underwater. It's "the whole world" to them.
Guys - You're misunderstanding the advice. Utilize your 401(k) to take advantage of a company match. If you company matches your contribution, that's essentially free money. At the very least, contribute to your 401(k) up until your company match.
Capital gains in your 401(k) are tax free much like IRAs - A huge advantage compared to a taxable (i.e. brokerage account). Yes, withdrawals are taxed as ordinary income but hopefully you're able to grow your account significantly by the time you retire!
Also -I'm guessing we'll have bigger things to worry about if the US ever begins to dip into private retirement accounts.
Never invest in anything the flies, floats, or f*cks... They're all depreciating assets.
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