Investing, Saving and Personal Finance personal finance blog with anecdotes, advice and commentary. A design student from Chicago recently launched a fairly ridiculous Kickstarter campaign: He wanted to buy a burrito and graph its “deliciousness.” With an original funding goal of $8, Noboru Bitoy has blown that target out of the water. As of this post, he’s raised a whopping $1,050, all based on this simple promise: “Just how delicious is a chicken burrito from my local Chipotle? Bitoy is hardly the source of “derp” in this story; it’s most definitely the 258 donors who have backed his campaign. If anything, Bitoy might just be a Kickstarter genius. The minimum pledge amount on Bitoy’s campaign is $1, and for that amount, he promised to graph the deliciousness of his burrito, and then send “a completed version of the Deliciousness Graphic in a .PDF file.” Because accountability is important on Kickstater, Bitoy made sure to list the risks and challenges, which include an order mix-up and his own inability to successfully consume the burrito.
“Do What You Love” Is Bad Advice The following excerpt is reprinted with permission from Rise: 3 Practical Steps for Advancing Your Career, Standing Out as a Leader, and Liking Your Life by Patty Azzarello, copyright © 2012. Published by Ten Speed Press, an imprint of the Crown Publishing Group. I have to agree with this advice. That's why I recommend that people do what they LIKE . Other FMF article topics touched on by this piece are What I'd Do with a High-Paying, Unrewarding Job and And Yet Another Reason Not to Quit Your Job Early . We all get told at some point (if not over and over again), “Do what you love and the money will follow,” and it’s just plain bad advice. This plays out in two destructive ways: 1. Don’t put this pressure on yourself! KEY INSIGHT: Consider thinking about your work/life strategy like this: Do what you love for free. End of insight: Please read it again. Oops, I Hate My Job—Now What? I am not proposing that you sell your soul to a job you hate just to make a lot of money. I felt stuck.
AllFinancialMatters Money Smart Life Top 10 mutual fund terms (Page 2 of 2) 5. R-Squared R-squared measures a fund's movements against its particular benchmark index on a scale ranging from 1 to 100. An S&P 500 index fund will have an R-squared very close to 100 because the fund mirrors the index. A fund with a low R-squared number is moving out of sync with its index. A high R-squared means the beta on a fund is actually a useful measurement. 6. If you're a do-it-yourself investor, avoid funds that charge loads. 7. However, some funds waive the redemption fee when you move your money from one fund to another in the same family. 8. Some companies base their contingent load not on your original investment but on the amount you have in the fund when you withdraw. If you're thinking of investing in a fund, ask if they have a contingent deferred sales load. 9. You can track a fund's NAV like you would the price of an individual stock. 10.
Personal Finance Blog by Money Ning Big Data In 2020: More Info, More Problems Big data--which powers everything from Netflix recommendations to fraud alerts--is changing the way we live. But is that a good thing? In the latest Pew Internet/Elon University survey, 53% of a handpicked group of “Internet experts, observers and stakeholders“ said big data would produce an overall positive effect by the year 2020. Meanwhile, 39% said it would have an overall negative effect (8% didn’t answer). Many who said big data would have a positive influence on the future pointed to its potential to solve diverse problems. "There is value to be found in this data, value in our newfound publicness,” argued Jeff Jarvis, the author of What Would Google Do?. His optimism about the power of big data is shared, for instance, by a startup called Kaggle, which hosts data science competitions that aim to predict everything from which patients will be admitted to hospitals next year to which blog posts people will like. Prof. [Image: Flickr user donielle]
Generation X Finance | Personal Finance Blog | Helping You Achieve Financial Independence Wells Fargo Mutual Fund Center With a mutual fund, you’ll get professional money management and diversification within or across different asset classes, with affordable investment amounts for individuals. Compare ways to invest in mutual funds Mutual funds are sold by prospectus. Please consider the investment objectives, risks, charges and expenses carefully before investing. Mutual fund investing involves risks, including the possible loss of principal. This website is accompanied by current prospectuses for Wells Fargo Advantage Funds. Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for Wells Fargo Advantage Funds®. Other fees and expenses apply to an investment in no-load Investor Class shares and are described in a fund’s current prospectus. WellsTrade brokerage accounts are offered through Wells Fargo Advisors, LLC. Investment and Insurance Products: Not FDIC Insured No Bank Guarantee May Lose Value