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June 23, 2008 Link Payday

Welcome to your belated Link Payday for June 23, 2008 (since the fabulous Kyle of Rather-Be-Shopping.com returned and wrote his usual Friday post for us–which fell on the 20th–we delayed this payday a few days). Here’s some of the better posts I’ve read in my RSS reader the last couple of weeks.

The always entertaining JD of Get Rich Slowly discusses Why it Pays to Ignore Financial News. This article puts pretty succinctly one of the key tenets of long term investing: daily stock market fluctuations aren’t meaningful to your holdings over the long term–unless you act on them. Pay more attention to the things in your life that give you joy rather than your retirement account.

Can I Get Rich on a Salary asks how to Teach Yourself to Invest In Stocks? by covering MarketWatch’s daily money tips and offers a few suggestions of their own. I wholeheartedly suggest that people learn about investing in stocks, bonds, and funds; if you have the tolerance and taste for stocks, I suggest checking this piece out.

All Financial Matters asks the question that I wish everyone in this country–particularly those in Washington–would ask: What’s the Solution to Our Energy Needs? Gang, ethanol is not the answer (at least not corn based ethanol), but a combination of other types of alternative energy including (yes, I say this as an environmentalist) nuclear is. Let’s all work seriously to do whatever we need to do to get this resolved and get our country off of its dependence on foreign oil.

I’ve Paid For This Twice Already asks How Do You Decide When “The Time Comes”? In this case they are considering if it’s the time to replace their car. This is definitely worth looking at for making financial decisions with regards to some of the things we use every day, like computers.

Finally, Trent over at The Simple Dollar discusses Addiction and Personal Finance. As a professional in human services, I have to say that addiction can be a huge threat to your finances–if not your family, your relationships, your freedom, and your life.

And that’s your Link Payday for June 23, 2008!

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