Weekend Reading:Sad People Overpay
- Buffett's 3hr interview on CNBC. An excellent transcript to read though -- its lengthy though. Couple nuggets I picked out:
Muni bonds. A college buddy of me recently emailed me about interest in municipal bonds. All I know is I don't know enough to invest in them yet. I do agree yield seem to have gone up recently on them.
Buffett still think the US has put itself in a position for the dollar to continue to weaken over time. I recently wrote about my experiences in China and the only way I have hedged myself against this is by investing in international index funds/ETFs and buying large-cap international businesses.
- ELYM has finally finished his lakehouse. He has found a way to build a vacation home - something that is on my mind on a regular basis. Its a dream of mine to one day own a mountain lake home to escape to. I have lots of ideas on how to make it happen, maybe build it myself, maybe start out with it being a rental property, maybe buying a fixer-upper. However my wife and I still need to find and settle down into our primary home before we start to make decisions on how we want to pursue this dream.
- Sad People Overpay - I think the section in this article regarding sad people tend to overpay an interesting find.
A new study finds that people who spend money while sad or self-absorbed unconsciously overpay....the gloomy bidders offered as much as 300 percent more...I guess I need to make sure I am really happy next time I go house or car shopping.
Related in General:
Save Money on Overhead Garage Storage (Aug 28, 2012) With the upcoming expansion of our family, my wife and I have been discussing the space in our home. While we have a good size home (~2,600 sq ft), its currently laid out with 3 bedrooms and 1 bonus room...
When is a SmartPhone the Right Financial Decision? (May 14, 2012) I last purchased a typical cell phone back in October 2008 with a 2 year contract when we returned from China. My old cell phone broke while we were on assignment in China and I needed something once we...
Black Friday Shopping Highlights (Nov 27, 2011) I have little interest in going out and standing in long lines to pick up a few deals on Black Friday. However we did pick up a few deals over the weekend mostly online: $159 GE Front Loading Washer @...