Visualizzazione post con etichetta reading. Mostra tutti i post
Visualizzazione post con etichetta reading. Mostra tutti i post

sabato 22 marzo 2014

LearnVest 50/30/20 Budgeting Pie Chart

LearnVest 50/30/20 Budgeting Pie Chart





via My Money Blog:



LearnVest is (yet another) online financial advisor, but they are more focused on money management and life planning than nitpicking asset allocation details. Founder Alexis Von Tobel’s book Financially Fearless is on my (long) reading list, and here is one reason why – Per this Businessweek article, their budgeting advice is based on splitting up your take-home pay into three major categories with their 50/20/30 plan:


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  • 50% towards Essentials, which includes housing, transportation, utilities and groceries.

  • 20% towards Savings, which can be retirement accounts, emergency funds, or debt payments.

  • 30% towards Lifestyle Choices, which are whatever things you value and make you happy. Eating out, shopping, childcare, cell phone plans, entertainment, and so on.


This is an interesting way to make people streamline their budgets. I don’t recall any other personal finance book breaking things down like this. 20% is a pretty good starting point for savings, and I like that there is explicit room for the fun stuff. (Though the fact that “childcare” is under Lifestyle Choices may be somewhat controversial. If you pay for daycare, it is not uncommon for that to be a huge chunk of your expenses.)


LearnVest has several free features and mobile app, including a Mint.com-like app that tracks your spending and matches it up with their 50/20/30 pie chart. However, they will try to upsell you a more personalized advice packages with Certified Financial Planners. Their target demographic is young professional women, but I didn’t really notice when using it briefly so far. Anyone else use them for longer?



sabato 18 gennaio 2014

An annual reading list

An annual reading list





via Early Retirement Extreme:



What I read in books form a large part of the material of thinking and probably a large part of my thoughts as well. I have noticed that some authors, particular those who write investment books, have books they read annually, that is, they read the same book every year. (I rarely read the same book twice which is why I am liquidating my “library” save for reference books.)


This makes me wonder whether I should start an “annual reading list” so as to form my thoughts on a consistent basis and remind myself of certain things. In particular, would it be better to reread and reinforce existing thoughts rather than seek out new ones? This is certainly the case when it comes to investing.


Incidentally, if you had such a list, what would you include?




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lunedì 6 gennaio 2014

AUDUSD: closed short at 0.8962, -21 pips

AUDUSD: closed short at 0.8962, -21 pips



AUDUSD: closed short at 0.8962, -21 pipsJanuary 6, 201416.25 gmtAUDUSD is not behaving as expected and is close to invalidating its short signal. My reading of the charts is that it needs to go a bit higher before it turns down again, so I have closed this short.Closed AUDUSD short at 0.8962, -21 pips, -1.8%.About these adsShare this:Email Print Facebook Google RelatedFrom → Trades



via Zen and the Art of FX Trading:



16.25 gmt


AUDUSD is not behaving as expected and is close to invalidating its short signal. My reading of the charts is that it needs to go a bit higher before it turns down again, so I have closed this short.


Closed AUDUSD short at 0.8962, -21 pips, -1.8%.


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For more info: AUDUSD: closed short at 0.8962, -21 pips


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