The Simple Dollar Morning Roundup: Big Prep Edition

With the baby’s arrival this coming weekend, everything is in overdrive around here. Preparations of all kinds are in full swing – clothes being washed, stuff being rearranged, cleaning for the impending arrival of grandparents, and so on. Whew!

A Good Example Why You Shouldn’t Put Too Much Stock Into Investing Newsletters I personally don’t see the point of them. Why would anyone give you their “hot” stock picks unless they’re trying to milk you to make a buck themselves? There’s a big difference between giving general useful advice and saying “Buy MXTPR at 5.” (@ generation x finance)

Wait A Month To Buy A brilliant tactic to fight off any potential splurging when shopping. (@ dual income no kids)

The “Luck Factor” In Investing No matter whether you believe in market timing or not, this post will convince you that you’re right. (@ all financial matters)

The Simple Dollar Retro: Overcoming The Social Obligation To Keep Up With The Joneses This is actually a bit tougher for me than it used to be. I have Lexus drivers on either side of my house while I still proudly drive my decade-old Ford truck.

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  1. paidtwice says:

    congrats on the baby! may it all go smoothly :)

  2. Sarah says:

    I’ve recently stumbled onto my cure for the Lexus neighbors problem – make visible choices that are clearly beyond reproach within your values, but very different from your neighbors’ choices.

    (Mine are edible landscaping, clothesline, bicycling, and someday, solar panels.)

    That way you can think – ‘they’re choosing vanilla, I’m choosing chocolate’ whenever feeling jealous of whatever they’ve got now. Sometimes I reward myself with an extra something in ‘my flavor’ – that way I use their consumerism to fuel my goals.

  3. RG says:

    I’d take a decade old Ford truck any day.

  4. Laura says:

    I wish you and your wife well with the upcoming arrival of baby girl!

    I loved your retro post. My relatives are very much into appearances.It does bothers me sometimes that they seem to enjoy ‘the good life’ while I’m in a small apartment saving money.

    The post motivated me to keep at it and I loved the tips. I’ll work on cleaning my car. It is a mess and I realize that it would help me to feel a little better.

  5. PF says:

    I bought a 5-year old luxery SUV for less than the equivalent 5-year old toyota 4Runner would have cost me. There are only a few SUVs that can accommodate my very tall husband. This vehicle is an absolute pleasure to drive and I saved a couple thousand bucks. (An SUV is mandatory equipment to get to my house 9 months of the year). If you want a lexus, look into one used. It might not be as bad as you think and really, it’s a toyota so it’s a great car!

    Good luck with baby! I’m due the end of October.

  6. Brian Jones says:

    Much best wishes to you all.

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