Comments on: Does Always Thinking About Money Really Make Me Happy?

By: Let's Discuss Money

Let's Discuss Money — Mon, 15 Oct 2007 13:44:48 +0000

“There’s no such thing as saving too much right?”

Absolutely right, but if you’re earning a good income you can afford to chill out and relax a bit more.

After all no-one sits on their death bed and says to themself “I wish I’d saved up more money”.

By: MoneyNing

MoneyNing — Sun, 14 Oct 2007 01:48:39 +0000

Living Off Dividends: I’m not sure what you are talking about since my stocks/funds are doing quite well recently

By: Living Off Dividends

Living Off Dividends — Sat, 13 Oct 2007 23:39:17 +0000

why did your stock tumble today?

the whole market was up?

By: MoneyNing

MoneyNing — Sat, 13 Oct 2007 17:18:23 +0000

ThirtyAndBroke: Interesting comment. Not thinking about it after having a plan requires you to have complete confidence in that the plan and all the assumptions will be exactly as assumed though.

I’m worried right now because I don’t think my assumptions will necessary be good enough (like average of 8-10% investment return for example).

By: ThirtyAndBroke

ThirtyAndBroke — Sat, 13 Oct 2007 13:35:26 +0000

“Thinking” can be a strange thing. If you’ve made a solid financial plan and stick to it, the constant “thinking” is inefficient, the plan will take care of itself. Of course your financial plan will change over time, but worry about that when that time comes.

By: Finance Spot » Archive » Late breaking news

Finance Spot » Archive » Late breaking news — Sat, 13 Oct 2007 00:09:39 +0000

[...] Does Always Thinking About Money Really Make Me Happy? [...]

By: MoneyNing

MoneyNing — Fri, 12 Oct 2007 21:16:26 +0000

Carl: I’m starting to buy more and more index funds so at least I’m slowly offloading the maintenance required on my investments!

wamylove: I guess great minds think alike???

By: wamylove

wamylove — Fri, 12 Oct 2007 20:54:04 +0000

Haha, I just wrote a blog about this.

By: Carl

Carl — Fri, 12 Oct 2007 18:36:12 +0000

If thinking about your money is a good hobby for you then fine. There have been many studies that people that but index funds and forget about the market do better in the long run than most people that try to play the market.

But everyone thinks they are smarter than Wall Street though!

By: MoneyNing

MoneyNing — Fri, 12 Oct 2007 16:00:59 +0000

Modern Worker: Thanks for the encouragement.

I guess it’s a battle between long and short term