If you know even a few things about good investing, you’ll know that diversification is one of the fundamental keys to long-term success. This week over at Queercents (and on her own blog), Helen compares two popular ways of diversifying one’s investments, through index funds and exchange-traded funds (ETF’s).
That may send some of you running, but really, she tries to keep it simple. I think it’s good basic knowledge to have even for those with minimal levels of investments.
Of course, sometimes it pays to start even simpler. Our son is having a great time collecting all the state quarters—though I think the lesson he’s learning is more about geography than finance. He’s convinced now, though, that each state has its own currency.
What monetary misconceptions have your children had?
Hi hon,
Nothing says “I love you” like a nice pingback.
xoxoxo
“Lesbian pingbacking.” That should be more salacious than it is.
And I do love you, pingbacks or no.