tag:blogger.com,1999:blog-22906998.post5360633426650947237..comments2024-03-29T02:18:35.303-07:00Comments on TAG Blog: Goat Path to ... ComfortablenessSteve Huletthttp://www.blogger.com/profile/05537689111433326847noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-22906998.post-80941609930627900582008-06-08T22:42:00.000-07:002008-06-08T22:42:00.000-07:00You gotta learn to budget. No impulse buying at V...You gotta learn to budget. No impulse buying at Vons or K-Mart, minimal use of credit cards.<BR/><BR/><B>And you must pay yourself first.</B> By that I mean, you put something into savings every week you get money, and make do with what's left over.<BR/><BR/>Where to put that payment? There's a ton of excellent advice about investing on the internet, but you need to dig it out.<BR/><BR/>One suggestion: For somebody with not much money, I'd say go to a multi-purpose fund that gives you everything: stocks (foreign and domestic) and bonds (short and longer term).<BR/><BR/>The STAR fund at Vanguard is good for this. It's low cost (.34% admin fees), broadly diversified, and you can start with only a thousand bucks. That buys you some of the best actively managed funds at Vanguard.<BR/><BR/>The point is, the sooner you start, the better off -- long term -- you will be.Steve Huletthttps://www.blogger.com/profile/05537689111433326847noreply@blogger.comtag:blogger.com,1999:blog-22906998.post-66647752516982660212008-06-05T18:20:00.000-07:002008-06-05T18:20:00.000-07:00No one's taught me anything on Investments...my pa...No one's taught me anything on Investments...my parent's are too disabled to know...I never asked my teachers because they never mentioned that they are important...and I wouldn't know WHO to ask in college or online for the best place to learn how to invest...although I also need to learn how to budget and other money managing basics...I don't even know how to get a credit card or credit history! I've been relying on Social Security for mental disorders all my life so I wasn't worrying about money or jobs since I'm still in a (commercial) art college and I haven't "entered" the industry...Can you please help me out?notanymikehttps://www.blogger.com/profile/06942478152015871397noreply@blogger.com