Comments on: fear of money

By: Blogger Poll and Weekend Links - July 3, 2009 | Financial Freedom

Blogger Poll and Weekend Links - July 3, 2009 | Financial Freedom — Fri, 03 Jul 2009 12:29:32 +0000

[...] Brip Blap has a commentary on the fear of money. [...]

By: Blogger Poll and Weekend Links - July 3, 2009 | Million Dollar Journey

Blogger Poll and Weekend Links - July 3, 2009 | Million Dollar Journey — Fri, 03 Jul 2009 10:31:08 +0000

[...] Brip Blap has a commentary on the fear of money. [...]

By: The Canadian Finance Blog

The Canadian Finance Blog — Fri, 03 Jul 2009 09:10:29 +0000

Friday Links…

Moolanomy reveals the truth about investing, the market is beatable.
Man Vs. Debt provides negotiation tips for beginners.
Canadian Capitalist questions is the 5-cent levy on grocery bags a rip off?
Studenomics looks at the benefits of obtaining……

By: home goods

home goods — Fri, 03 Jul 2009 06:20:58 +0000

If there is, I sure as hell don't have it……if you are afraid of any of yours I will be glad to relieve you of it!

By: Best of Personal Finance: C’mon In, The Water’s Fine Edition | Financial Freedom

Thu, 02 Jul 2009 08:57:49 +0000

[...] Brip Blap considers the psychology of fearing money. [...]

By: Matthew Wolfe

Matthew Wolfe — Wed, 01 Jul 2009 14:26:20 +0000

Hey Steve,
Excellent post. I actually got really lucky and pulled my money out of the stock market about three days before it's largest drop. I actually did it to make a down payment on a house but the timing was lucky nontheless. I haven't put my money back in the market since. I have been much too scared. My money is all sitting in a savings account earning a 2% interest rate. Although, who knows how safe savings accounts are nowadays either.

Anyway, great post. I'm glad to see that you're still here and you're still managing to kick out quality posts. Talk to you soon.

-Matt

By: TheWealthSquad

TheWealthSquad — Tue, 30 Jun 2009 00:36:38 +0000

That is why you diversify your investments. Most of us have way too much of our money invested in the stock market. You might want to look at bonds, private loans (I have a large portion of my retirement in a self directed IRA loaned to a local company at 9% in a business I understand and with owners I trust), your business, close ended funds invested in muni bonds (tax free income), and other alternative investments.

Don't limit your thinking to just the stock market. Most people would be better served putting their money to work in areas they understand rather than the stock market, especially at the valuations we are currently sitting at.

By: Smiley

Smiley — Mon, 29 Jun 2009 20:34:24 +0000

"Don’t worry about the end of the world. If the aliens come, you’re not prepared anyway."

LOL exactly, our time is better spent worrying about things that we have control over. Excellent blog!

-Smiley

By: Altair33

Altair33 — Mon, 29 Jun 2009 11:40:10 +0000

My worries about my stock investments are based on Japan's example. I think the Nikkei is still around 1/3 of where it was in 1990. That's an investment disaster for anyone who invested in 1989. Hopefully there is something about the US stock market which will let us avoid something comparable happening here.