Comments on: Financial Security: It’s Simpler Than You Think http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/ Helping you invest and prosper Fri, 19 Mar 2010 16:54:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: boko http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203602 boko Tue, 10 Nov 2009 02:09:22 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203602 rate of savings ok, rate of return is jibersih..theoretically it sounds fantastic, now get passed the criminal elite to make your rate of return..very hard to do unless you make investing a job. rate of savings ok, rate of return is jibersih..theoretically it sounds fantastic, now get passed the criminal elite to make your rate of return..very hard to do unless you make investing a job.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203591 Canadian Capitalist Mon, 09 Nov 2009 21:44:14 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203591 @Basil2: True but many factors that trip up average investors are under our control. We can control emotions by investing according to a plan. We can control expenses by paying attention to investing costs. I think it is simple, but it definitely is not easy. @Basil2: True but many factors that trip up average investors are under our control. We can control emotions by investing according to a plan. We can control expenses by paying attention to investing costs. I think it is simple, but it definitely is not easy.

]]> By: Basil2 http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203585 Basil2 Mon, 09 Nov 2009 20:04:06 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203585 Author is making it sound simple. It's not. Only one variable is (sort of) under your control: saving rate. That return is not predicatable makes it difficult. Author is making it sound simple. It’s not.
Only one variable is (sort of) under your control: saving rate. That return is not predicatable makes it difficult.

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203567 Canadian Capitalist Mon, 09 Nov 2009 15:16:35 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203567 @Ben: I agree. It is more sexy to talk about rate of return than the rate of savings, though arguably, it is the rate of savings that matters more. It is also the rate of savings that is completely under our control. The rate of returns depends on what the market gods decide to give investors though capturing almost all of that return is in our hands. @Ben: I agree. It is more sexy to talk about rate of return than the rate of savings, though arguably, it is the rate of savings that matters more. It is also the rate of savings that is completely under our control. The rate of returns depends on what the market gods decide to give investors though capturing almost all of that return is in our hands.

]]> By: Ben http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203563 Ben Mon, 09 Nov 2009 13:22:23 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203563 I liked the first chapter. Seems that more people focus on rate of return than on rate of savings. It is more exciting to hit a "2-bagger" on a penny stock than to save more money. One gives you bragging rights, the other nobody wants to hear about. I still spend more time thinking about rate of saving than rate of return. We see a better return from saving an additional 5% of our income than from earning an additional 5% on investment. This won't always be the case, of course. In the next few years the focus will shift to rate of return, while keeping on auto-pilot the learned lessons of saving and cashflow management. I liked the first chapter.

Seems that more people focus on rate of return than on rate of savings. It is more exciting to hit a “2-bagger” on a penny stock than to save more money. One gives you bragging rights, the other nobody wants to hear about.

I still spend more time thinking about rate of saving than rate of return. We see a better return from saving an additional 5% of our income than from earning an additional 5% on investment.

This won’t always be the case, of course. In the next few years the focus will shift to rate of return, while keeping on auto-pilot the learned lessons of saving and cashflow management.

]]> By: The Rat http://www.canadiancapitalist.com/financial-security-its-simpler-than-you-think/#comment-203529 The Rat Sun, 08 Nov 2009 23:27:07 +0000 http://www.canadiancapitalist.com/?p=3105#comment-203529 Seems like an interesting read; I like the approach of simplifying it down to the two approaches (rate of return and saving). Nice thread The Rat Seems like an interesting read; I like the approach of simplifying it down to the two approaches (rate of return and saving). Nice thread
The Rat

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