Saturday, August 31, 2013

How can I make money investing?

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.

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.

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.

Saturday, August 17, 2013

Hello.  New Blog.  Been reading the econ blogs for years.  Thought I needed something as a response platform outside twitter.

This is it.

No one will read this, but I am fine with that concept.  I just need a reason to write and engage.