This is a stock market blog about portfolio management,foreign stocks, exchange traded funds and the occasional musing about my wildland firefighting experiences. The point here is to share process.

Visit Random Rogers Big Picture

Save More, Spend Less

Posted on November 26, 2010

Jonathan Hoenig has a wonderful post up about his oft mentioned grandmother who recently passed away at age 106. In the article Jonathan mentions a bit of wisdom that is similar to something Nassim Taleb has said. Taleb has talked about people learning everything they need about finance from their grandmother in terms of saving a lot of money and avoiding debt (both sides of the transaction).Specifically he writes;The most often-repeated financial advice she gave me was also the simplest: Save your money. Long before Suze Orman and Dave Ramsey made fortunes selling books about living beneath y...

Original article link