Thursday Links – Investing nightmares

Investing

Investing in the stock market is not supposed to be exciting. Ideally, you should be investing your money in small handful of index funds and just tracking the market. That is, unless you are smart enough to beat the market. If you can’t beat ’em — and believe me, most people can’t — then, join ’em. If 80% of the money managers can’t beat the market, and they have access to all sorts of information that you don’t, what makes you think you can?

Check out this article from Forbes which delves into a few nightmarish stories of people attempting to beat the market and failing, miserably.

Home Buying

Are you considering buying your first home? If you are in the market for a new home, here are 5 expert tips for first time homebuyers. One of these tips: you should visit at least 20 to 30 homes before buying one. When I bought my first home, my realtor and I visited 44 homes. I felt that she was really getting tired of driving me around, but it really worked out; we bought a wonderful home that we are very happy with.

Misc.

Are you familiar with Michael Lewis’ book The Blind Side or the film of the same name? It’s the true rags-to-riches story of Michael Oher. A kid from the wrong side of the tracks who was taken in by a wealthy family and made it all the way to the NFL. On Sunday, he’ll be protecting Carolina Panthers’ quarterback Cam Newton’s blind side in the Super Bowl.

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