Comments on: Investing is terrifying http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/ A personal finance blog for career minded women with small budgets and big dreams. Wed, 09 May 2012 23:42:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: stock market http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/#comment-3499 stock market Tue, 08 Sep 2009 01:07:37 +0000 http://thebudgetingbabe.com/?p=10#comment-3499 I hope you have a post about 401K because, honestly I still do not comprehend its principles. I do not know how it works. Because of that I put it on hold and invested in stocks and mutual funds instead. I have also read somewhere that 401K is losing in today's stock market climate which only decreases my interest in opting for one. I hope you have a post about 401K because, honestly I still do not comprehend its principles. I do not know how it works. Because of that I put it on hold and invested in stocks and mutual funds instead. I have also read somewhere that 401K is losing in today's stock market climate which only decreases my interest in opting for one.

]]> By: Anonymous http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/#comment-2403 Anonymous Fri, 28 Dec 2007 06:34:00 +0000 http://thebudgetingbabe.com/?p=10#comment-2403 Nicole,<br/>I have to share my relative lack of knowledge as well. I have to simply take comfort in the fact that we have to look at the investments in the long term and try not to get too bothered by things that happen in the interim. Things fluctuate but if you wait they usually pan out in your favor. It's not insurance they'll make you millions but they usually grow in time. Don't get so nervous that you end up selling!<br/><br/>Jerry<br/>www.leads4insurance.com Nicole,
I have to share my relative lack of knowledge as well. I have to simply take comfort in the fact that we have to look at the investments in the long term and try not to get too bothered by things that happen in the interim. Things fluctuate but if you wait they usually pan out in your favor. It’s not insurance they’ll make you millions but they usually grow in time. Don’t get so nervous that you end up selling!

Jerry
http://www.leads4insurance.com

]]> By: Rose http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/#comment-1788 Rose Sat, 09 Dec 2006 15:43:00 +0000 http://thebudgetingbabe.com/?p=10#comment-1788 I love reading your blog, Nicole, and I just wanted to sympathize with you on the scrapbooking purchase. I did something similarly baffling yesterday. Ask me how a woman who would never spend 75 dollars on a poncho can walk into a yarn store and spend that much on supplies to *make* a poncho. *shakes head* I need a cheaper hobby! I love reading your blog, Nicole, and I just wanted to sympathize with you on the scrapbooking purchase. I did something similarly baffling yesterday. Ask me how a woman who would never spend 75 dollars on a poncho can walk into a yarn store and spend that much on supplies to *make* a poncho. *shakes head* I need a cheaper hobby!

]]> By: Todd D. http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/#comment-75 Todd D. Mon, 14 Mar 2005 03:26:00 +0000 http://thebudgetingbabe.com/?p=10#comment-75 Don't stress too much. The excessive trading warning is for those people at work (you know, the jerks with flashy ties) who keep switching their 401k money from fund to fund, because they think they're psychic about what the funds will do. They're not, ignore them. Even a blind monkey finds a peanut once in a while.<br/><br/>Put your money in a few decent funds and only readjust every 6 months or a year. The good news is, you might get access to better funds. We had about 4 at work, and three of them REALLY sucked. They switched companies, and we have about 25 choices, many of which suck less, or not at all.<br/><br/>Your company probably has one or two very nice people who are way cool, who actually know something. If you ask around, you'll get directed to the gurus, official or unofficial. They're not always right, but their ties are less likely to blind you. Don’t stress too much. The excessive trading warning is for those people at work (you know, the jerks with flashy ties) who keep switching their 401k money from fund to fund, because they think they’re psychic about what the funds will do. They’re not, ignore them. Even a blind monkey finds a peanut once in a while.

Put your money in a few decent funds and only readjust every 6 months or a year. The good news is, you might get access to better funds. We had about 4 at work, and three of them REALLY sucked. They switched companies, and we have about 25 choices, many of which suck less, or not at all.

Your company probably has one or two very nice people who are way cool, who actually know something. If you ask around, you’ll get directed to the gurus, official or unofficial. They’re not always right, but their ties are less likely to blind you.

]]> By: Bri Guy http://thebudgetingbabe.com/2004/11/30/investing-is-terrifying/#comment-3 Bri Guy Fri, 03 Dec 2004 20:21:00 +0000 http://thebudgetingbabe.com/?p=10#comment-3 Hello, I was just browsing around and came across your journal, great style by the way. I actually explain retirement accounts like 401(k)'s for a living with JP Morgan. It doesn't have to be as confusing as it all seems, hang in there and with just a little perseverance you will get the hang of it. Hope you have a great weekend. Brian Hello, I was just browsing around and came across your journal, great style by the way. I actually explain retirement accounts like 401(k)’s for a living with JP Morgan. It doesn’t have to be as confusing as it all seems, hang in there and with just a little perseverance you will get the hang of it. Hope you have a great weekend. Brian

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