Story Comments

Nice rally today! Anyone know what Ken Fisher thinks of real estate as a long-term investment? I with I knew the three core questions for investing in the real estate market.

I hope what cpa818 mentioned turns out to be true. I think I will feel better when our treasury secretary finally gets some good team members and actually has a staff.

Bad day for the Dow.

Obama's direct deposit retirement savings system may help... "Experts estimate that this program will increase the savings participation rate for low and middle income workers from its current 15% level to around 80%"
http://online.wsj.com/article/SB123566559617183941.html?mod=googlenews_wsj

One interesting concept about saving I read yesterday is that saving (as opposed to consumers spending) isn't hurting the economy because investors have to save to purchase big ticket items such as houses and cars. Therefore, while the money isn't out there being spent daily, it will contribute to the economy in due time.

Good point, rtags. I think if more people saved, we wouldn't be in this big credit mess.

Another classic is the Millionaire Next Door. It won't teach you how to invest or how to navigate the markets. But you have to have savings before any investments can be made. Too many people live beyond or at their means and this book really gives perspective on what "saving" really means.

For a good book on value investing, pick up Benjamin Graham's The Intelligent Investor, a must read for any serious investor. It will teach you how to use discipline, research, and analytics to make sound investments in undervalued stocks, and how to avoid emotional decisions when buying or selling.

Interesting. Looks like you can order them directly through Wiley's website: http://www.wiley.com/WileyCDA/Section/id-352072.html

Ken Fisher is publishing many more books with a deal through Wiley Publishers. I think they are going to be about investing in various sectors.

Some interesting related articles:
http://www.reuters.com/article/hotStocksNews/idUSL0180944620080201
http://www.fool.com/investing/mutual-funds/2007/05/08/how-to-beat-the-index.aspx
http://www.financial-planning.com/asset/article/528151/Learning-Love-Debt.html
http://www.cnbc.com/id/19600573/
http://www.kiplinger.com/features/archives/2006/04/fisher.html
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahMn3AUnD_CY&refer=home
http://www.cxoadvisory.com/gurus/Fisher/article/
http://www.smartmoney.com/aheadofthecurve/index.cfm?story=20061027
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2006/07/23/BUG70K2UQM1.DTL&type=business
http://www.reuters.com/article/mergersNews/idUSN2254383020080122

You're really right on the mark. The best questions to ponder always seem to address the 'why'
rather than the 'how'.