Articles for this week
http://www.usatoday.com/money/economy/employment/2004-11-05-jobs_x.htm
http://www.usatoday.com/money/perfi/general/2004-10-29-young-investor-cover_x.htm
posted by Paul Wach @ 6:38 AM
Tuesday, November 09, 2004
Contributors
Previous Posts
- Oil Prices Hurt Consumer
- Disaster turned to good causes
- High Oil Prices Hurt Consumers
- Higher Oil Prices Soon To Squeeze Consumers
- Economy Article shows Cautious Optimism
- Unemployment Jump
- Weekly Jobless Claims Fall Sharply
- Bullish Economy
- Unemployment looking Up
- Hope for Small Businesses
2 Comments:
With the article concerning young people investing their money, I believe it is very important to invest your money when your young, I have seen and been told how investing only a small amount in things such as a 401k at age 20 can make you a millionaire by age 50. I, like many other people, wouldn't mind being a millionaire by the time I retire, so if I turn out like the majority of my family has and make a salary that qualifies me as middle class America I won't be making enough money to be a millionaire without backing on heavy investments that were made from a young age. We had people at our high school come talk to us about credit but they really didn't tell us anything about the important ways of investing other then getting lucky with Lady Stock Market, which isn't exactly the most secure way of sealing your retirement, and just like the article said we can't rely on Social Security, it's my personal opinion that we don't have Social Security whatsoever, we can keep the number were issued at birth and that whole process of a means of identification but the idea of the government investing our money in our retirement is pure un-American in my young opinion.
the article on young investors was a “close to home” kind of Article. It really caught my attention because it has to do with something about me, regular college kids. I think its is great to see young adults investing in there future. I would love to start investing now, only problem is that in actuality, I know nothing about investing and the stock market and such. It seems most of the kids who are investing now have been taught these practices from their parents, which I have not had the pleasure of receiving. My parents are not Investment savvy, as a result, I have had to, for the most part, buy anything I wanted that was not a necessity, and even some thing that are, such as my college education. But having to get a job when I was 15 and having to manage my money in order to buy my car, my laptop, and my education has taught me other money management skills. All things aside, I wish there was somewhere I could go to start investing, I’m sure there is such a place but I am so busy being a college student, that I haven’t put the effort into finding out how, I just want it handed to my on a silver platter, but I guess it doesn’t work that way, just like everything else in my life I will have to work for it and have to search for it myself. This article has made me more aware of some possibilities and I am now going to look into investing and research it as much as my time permits and hopefully I can start saving to be a millionaire one of these days!
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