Good Reads
By Carlos Portocarrero
- Most Likely to Succeed, by Malcolm Gladwell: I first heard about this article on The Simple Dollar, but I wanted to wait until my issue of the magazine showed up in the mail (I guess I’m not ready for a Kindle just yet…). Anyway, this is an engrossing look at education and its “quarterback problem.” Why does this appeal to me? I’m intrigued in how one teacher can be considered “better” than another and because I’m obsessed with the backup-quarterback position in the NFL. That jump from college football to the NFL is one that I love reading about. So if you’re a teacher or you love football (or if you’re both like me), this one is right up your alley. This is really really good stuff.
- How Are Retirees Losing 50% of Their Portfolio? Check this one out over at GenXFinance. I was also wondering this very same question because I’ve heard a lot of people talking about it. If you’re near retirement, why would you have so much of your portfolio in stocks? Because the person handling your money told you to? Or because you wanted to ride the bullish wave we’ve been on since 2002? Either way, it’s a good topic to ponder a little…or a lot, depending on how old you are.
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December 15th, 2008 at 10:28 am
I was just thinking about this too – i’ve been hearing about a lot of people losing 30-50% of their portfolio when they were a year or two away from retirement. Wouldn’t you want to be a little more conservative with your holdings when you’re that close to retiring. Very scary.