Endless Gibberish

Tuesday Roundup

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There was no Monday Morning Roundup as I hosted the Carnival of Personal Finance yesterday.

For the carnival I selected about 20 or so posts were selected for mention. Predictably I received some e-mails from bloggers as to why their post wasn’t included. The reason for this most likely is that there were just too many submissions. I wanted about 20 or so posts because I feel that carnival/festival hosts generally like to include every post that’s sent in just to get the link back from the blogger. In my humble opinion, this limits the carnival’s appeal in that it just becomes a huge 100+ link list.

Plonkee feels that “reading about investments, and monitoring my spending, and opening and closing new accounts” is unpaid overtime for his/her finances and doesn’t see an obvious return. I think that all those activities do net you a return in that you make sounder investing decisions, spend your money wiser, and overall your finances are in better shape.

Sun does a comprehensive look at lifecycle funds funds from Vanguard, Fidelity, and T.R. Price. The Vanguard funds, has 0.5% less in expense ratio, but lagged 2% in performance compared to T.R. Price’s fund.

Trent over the simple dollar got a speeding ticket for going 6 miles over the 55 mph speed limit on an empty road. Something is just wrong there.

Here’s a fun little calculator from CNN Money to see how you stack up to other people in your age group. Take it with a grain of salt as it doesn’t factor in a lot of considerations. Apparently the average net worth of other 20 year olds is $400. Too many new BMWs not yet paid off eh?