Ignore ZeroHedge.
Buy a broad market index fund. Put what you can afford to put in there.
If you're saving for something specific, look for tax advantages -- IRA, 401k, College. Buy the option with the lowest fees.
Saturday, August 31, 2013
Thursday, August 29, 2013
Don't get a PhD.
I hear it's a waste of time. Just prove you can do the math with an MA. There's no reason to write a dissertation that no one will read.
Unless you got into MIT, Harvard, or the University of Chicago.
No matter what, at that point, you can be Megan McCardle.
Unless you got into MIT, Harvard, or the University of Chicago.
No matter what, at that point, you can be Megan McCardle.
Thursday, August 22, 2013
Get an MBA
Why get an MBA?
1. Signaling. Ex: "Hey, look at my degree. From the 'UNiversitry of Phoenux Online'."
"Whatcha get?"
"An MBA!"
The bottom line is the woman is impressed, and you get hired or have sex. Depends on what you were signaling.
1. Signaling. Ex: "Hey, look at my degree. From the 'UNiversitry of Phoenux Online'."
"Whatcha get?"
"An MBA!"
The bottom line is the woman is impressed, and you get hired or have sex. Depends on what you were signaling.
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