If you know even a few things about good investing, you’ll know that diversification is one of the fundamental keys to long-term success. This week over at Queercents (and on her own blog), Helen compares two popular ways of diversifying one’s investments, through index funds and exchange-traded funds (ETF’s).
That may send some of you running, but really, she tries to keep it simple. I think it’s good basic knowledge to have even for those with minimal levels of investments.
Of course, sometimes it pays to start even simpler. Our son is having a great time collecting all the state quarters—though I think the lesson he’s learning is more about geography than finance. He’s convinced now, though, that each state has its own currency.
What monetary misconceptions have your children had?
6:02 am
Money and Finance
Get my blog as a widget from Widgetbox
Mombian YouTube Channel: Positive videos of LGBT families
Helen
on Apr 22nd, 2009
@ 9:51 pm:
Hi hon,
Nothing says “I love you” like a nice pingback.
xoxoxo
Dana
on Apr 22nd, 2009
@ 10:35 pm:
“Lesbian pingbacking.” That should be more salacious than it is.
And I do love you, pingbacks or no.