When Frugality Attacks
Wow, some of these are totally crazy.
I was trying to get inspired to be thrifty and now I am just horrified.
That said, I was skimming the Suze/9 Steps chapter on investing again (she is a big index fund pusher, insert Mean Girls quote) and I noticed something I didn't the first time. She says if you're going to invest (I'm assuming she means when the stock market isn't already very very low) you should invest that amount you can afford in monthly increments to take advantage of the NAV (daily net asset value)as it fluctuates. I'd never even considered that before so that sounds helpful unless the market is totally shot already. I haven't been watching anything (S&P, Dow, Nasdaq, any funds my retirement stuff is in) so I don't even know how low the market is. All I know is that everyone is flipping out about the sub-prime lenders crashing the market.
Maybe it's good I've worked here for this long because 3 years ago I would have had no idea what that even meant.
I was trying to get inspired to be thrifty and now I am just horrified.
That said, I was skimming the Suze/9 Steps chapter on investing again (she is a big index fund pusher, insert Mean Girls quote) and I noticed something I didn't the first time. She says if you're going to invest (I'm assuming she means when the stock market isn't already very very low) you should invest that amount you can afford in monthly increments to take advantage of the NAV (daily net asset value)as it fluctuates. I'd never even considered that before so that sounds helpful unless the market is totally shot already. I haven't been watching anything (S&P, Dow, Nasdaq, any funds my retirement stuff is in) so I don't even know how low the market is. All I know is that everyone is flipping out about the sub-prime lenders crashing the market.
Maybe it's good I've worked here for this long because 3 years ago I would have had no idea what that even meant.