Tuesday, January 16, 2007

Introduction

This blog is about money. Investing, saving, spending and giving it away.

The general assumptions are:
  1. More money is better, all else being equal. Of course rarely are two options "otherwise equal".
  2. It's your money, so you get to do what you want.


The title arises from the multitude of demands on your financial resources. To buy or to save. If buy, then so many choices. If save, then so many (often scarier) choices.

Another tyranny is the emotional demands investing your money places on you. To reliably invest well, you need to sift through many choices, make reasonable decisions and then be patient. Very patient. Yet at the same time, you have to monitor how things are going. And you have to continually invest any new money that comes in.

But it always comes down to having money now gives you choices now, wich I summarize via:

"The most valuable dollar is the dollar you've got right now."

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