Comments on: The Dangers of Financial Paralysis – And How To Get Out Of The Rut http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/ Simple, applicable personal finance advice for the modern world Sun, 22 Nov 2009 01:50:09 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: ck_dex http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/comment-page-1/#comment-18046 ck_dex Sat, 14 Apr 2007 02:57:59 +0000 http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/#comment-18046 When I have money and want to invest but I don't have the time to stock pick, I divide it between Vanguard Total Stock Market (VTSAX) which is the U.S. market, and Vanguard Total International Stock Fund (VGTSX) for the broadest exposure to the world market outside the U.S. Fidelity and T. Rowe Price, both low-cost mutual fund providers, offer similar funds. I choose mutual funds for these occasions because they cost less in fees if I intend to put several deposits in at different times than if I bought ETFs. Those I buy only if I want to make a one-time investment because the transaction fees add up if you were make several deposits. But you can buy the U.S. market and the total international market in ETFs if you prefer their convenience. When I'm ready to stock pick, I usually sell some fund shares I've held at least a year and use the proceeds to buy the stock. Just want to say that you are one of the hardest working bloggers out there. Good work! When I have money and want to invest but I don’t have the time to stock pick, I divide it between Vanguard Total Stock Market (VTSAX) which is the U.S. market, and Vanguard Total International Stock Fund (VGTSX) for the broadest exposure to the world market outside the U.S. Fidelity and T. Rowe Price, both low-cost mutual fund providers, offer similar funds.

I choose mutual funds for these occasions because they cost less in fees if I intend to put several deposits in at different times than if I bought ETFs. Those I buy only if I want to make a one-time investment because the transaction fees add up if you were make several deposits. But you can buy the U.S. market and the total international market in ETFs if you prefer their convenience.

When I’m ready to stock pick, I usually sell some fund shares I’ve held at least a year and use the proceeds to buy the stock.

Just want to say that you are one of the hardest working bloggers out there. Good work!

]]> By: BigBuddha http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/comment-page-1/#comment-17824 BigBuddha Fri, 13 Apr 2007 01:42:03 +0000 http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/#comment-17824 If you really wish to learn about the fundamentals of investing .. please read .. INTELLIGENT INVESTOR by Ben Graham or SECURITIES ANALYSIS by Ben Graham also ... they are 50+ years old but are still relevant today as they where when WARREN BUFFET was studying them. If you really wish to learn about the fundamentals of investing .. please read .. INTELLIGENT INVESTOR by Ben Graham or SECURITIES ANALYSIS by Ben Graham also … they are 50+ years old but are still relevant today as they where when WARREN BUFFET was studying them.

]]> By: Lisa http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/comment-page-1/#comment-17799 Lisa Thu, 12 Apr 2007 23:21:01 +0000 http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/#comment-17799 Sometimes what we will not do for ourselves we will do for our children. I forced myself past the "paralysis" because I knew I had to get started on my son's college fund. This was pre529 and state college prepay days. After that I joined an investment group. It helped me gain alot of confidence. With a long time horizon dollar averaging means you don't worry about ups and downs, in fact you like the downs. Even in a breakeven market year you make something because of the dips throughout the year. Go for it! Sometimes what we will not do for ourselves we will do for our children. I forced myself past the “paralysis” because I knew I had to get started on my son’s college fund. This was pre529 and state college prepay days. After that I joined an investment group. It helped me gain alot of confidence. With a long time horizon dollar averaging means you don’t worry about ups and downs, in fact you like the downs. Even in a breakeven market year you make something because of the dips throughout the year. Go for it!

]]> By: Mike http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/comment-page-1/#comment-17785 Mike Thu, 12 Apr 2007 21:20:06 +0000 http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/#comment-17785 I sometimes fall victim to "paralysis by analysis", where I spend far too much time collecting information and pondering to make a decision. Sometimes, it's smarter to make a decision with what you currently have and just go! I sometimes fall victim to “paralysis by analysis”, where I spend far too much time collecting information and pondering to make a decision. Sometimes, it’s smarter to make a decision with what you currently have and just go!

]]> By: kev http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/comment-page-1/#comment-17779 kev Thu, 12 Apr 2007 20:45:58 +0000 http://www.thesimpledollar.com/2007/04/12/the-dangers-of-financial-paralysis-and-how-to-get-out-of-the-rut/#comment-17779 I like the tip about putting your money in an online savings account so it can be earning a little interest while you decide what to invest in. I'm trying my best to get both parents to do this. I like the tip about putting your money in an online savings account so it can be earning a little interest while you decide what to invest in. I’m trying my best to get both parents to do this.

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