The Simple Dollar Weekly Roundup: Holiday Reading Edition

As the New Year rolls around, I find myself engrossed in several new books received over the holiday season. The largest, by far, is Neal Stephenson’s Anathem, weighing in at 960 pages. I’m currently deep into it – and enjoying every second. Stephenson is perhaps my favorite writer.

What’s up next on the docket? For Whom the Bell Tolls by Ernest Hemingway and Team of Rivals by Doris Kearns Goodwin are likely going to be the next two books I read once I finish Anathem.

Oh, how I wish I had a few more hours in the day just to read!

They Told Me That Madoff Never Lost Money If it sounds too good to be true, that’s probably because it is too good to be true. Ben Stein lays it out very well here. (@ new york times via get rich slowly)

The “One Big Lump” Theory of Your Money The advice here is simple: don’t think of your money as split up among a bunch of different accounts (401(k), Roth IRA, checking account, savings account, major assets, etc.). Instead, think of it all as one big lump. Then, you can treat the whole thing as a diversified portfolio of investments – and you won’t sweat as much if your stocks lose some of their value, because other parts of your “portfolio” will have gained value. (@ wisebread)

How to Protect Kids from Identity Theft This article takes an interesting angle on identity theft that I hadn’t considered before. In short, there’s no good reason to have your child’s identity out there – so protect it as much as you can. Your young child does not need a credit card to establish their credit history. (@ carrie & danielle)

Is Your Business Prepared for a Disaster? The Simple Dollar is as prepared as can be. I have plans in place for most of the disastrous situations I can think of. (@ freelance switch)

22 Secrets to Discovering Your Dream and Living It This is an excellent collection of advice on following your dreams, even if it seems like there’s no room in your life to give chase. (@ dumb little man)

Post-Christmas Hacks I’ve been thoroughly enjoying browsing the archives of Ikea Hacker over the past few weeks – lots of good frugal stuff there. The premise is simple: buy relatively cheap stuff from Ikea, then modify it to make something classy or interesting. (@ ikeahacker)