Comments on: Top 10 Financial Lessons https://travelbloggerbuzz.com/top-10-financial-lessons/ An eclectic journey through the Travel Miles/Points blogosphere Mon, 10 Oct 2016 13:08:38 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Too Nashty https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329389 Sat, 30 May 2015 00:25:13 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329389 Nicely done.

But you forgot number 11: Always remember to BTFD when the head of the Fed is a Keynesian. The Fed is doing it’s job as long as the chart on your Bloomberg terminal is going from the bottom left to the top right. Mission accomplished.

]]> By: Ramsey https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329378 Fri, 29 May 2015 20:14:33 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329378 In reply to TravelBloggerBuzz.

Dum and Dumber Dos https://www.youtube.com/watch?v=AmlEj40tr6Q

]]> By: TravelBloggerBuzz https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329377 Fri, 29 May 2015 20:06:22 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329377 In reply to Ramsey.

That pic…not going to ask…lol

]]> By: TravelBloggerBuzz https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329376 Fri, 29 May 2015 20:05:50 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329376 In reply to Sam.

Looks like they are smarter than the ones in Illinois! 🙂

]]> By: TravelBloggerBuzz https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329375 Fri, 29 May 2015 20:05:19 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329375 In reply to PedroNY.

You are welcome as always. I could do more of them but spend much time looking for TBB material for pennies 🙂

]]> By: TravelBloggerBuzz https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329373 Fri, 29 May 2015 19:59:38 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329373 In reply to Nick @ Personal Finance Digest.

4sure

]]> By: TravelBloggerBuzz https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329372 Fri, 29 May 2015 19:58:59 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329372 In reply to Spencer F.

You crack me up….and seeing you 1st is, well, weird!

]]> By: Ramsey https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329357 Fri, 29 May 2015 16:46:58 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329357 In reply to Clive.

@Clive, you ignorant slut. You would be better throw away dollars out your car window while driving to a clairvoyant.

]]> By: Clive https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329356 Fri, 29 May 2015 16:42:23 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329356 Surely the folks selling the National Collector’s Mint Commemorative Coins are a safe and prudent investment vehicle for my retirement. HT MilestoMammories

]]> By: Sam https://travelbloggerbuzz.com/top-10-financial-lessons/#comment-329347 Fri, 29 May 2015 15:19:30 +0000 http://travelbloggerbuzz.com/?p=10815#comment-329347 Hey Buzz-

The Colorado public employees pension is about $23 billion underfunded based on actuarial computations. To put that in perspective, that’s a present value shortfall of about $4,500 for every man, woman and child that live in Colorado.

The Colorado legislature considered this year a bill calling for the state to issue “Pension Obligation Bonds” for around $10 billion, and invest the proceeds in the stock market. The thinking is that interest rates are low and the stock market is on fire. The Colorado House passed the bill by a big majority, but they ran out of time to get the Senste on board (maybe the House had already toked up the good stuff).

My question is this: Wouldn’t it be more prudent for Colorado to just put the $10 billion on the Broncos to win the first game of next season? They would save a bunch on the commissions they’ll have to pay brokers to buy stocks. And these folks do have a fiduciary duty to be prudent, right?

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