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Short Takes: 'Turn on Assets' and more

1. Where Does All My Money Go gives us an insider’s understanding of what a financial advisor’s “turn on assets” means.

2. The Big Cajun Man debates what to do with found money. I’d say to pay off debt, or if you have no debt, invest it. If you feel strongly about blowing some of it, maybe you could blow the interest savings or investment returns instead.

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Comments

  1. Big Cajun ManMay 8, 2009 at 5:48 AM

    Thanks for the mention have a great weekend.

    ReplyDelete
  2. Million Dollar JourneyMay 8, 2009 at 8:17 AM

    Thanks for the link!

    ReplyDelete
  3. AnonymousMay 8, 2009 at 3:34 PM

    That's a good point about Monte Carlo simulations. A lot of people are talking about how past behaviour is a bad predictor of the future now, but maybe that's largely because the past data is being put into the wrong model. There must be some statistical description of the market that's at least a bit more reliable than what's being widely used now, or gives better indications of the uncertainty.

    ReplyDelete
  4. WhereDoesAllMyMoneyGo.comMay 8, 2009 at 5:47 PM

    Thanks for the link Michael - have a great weekend!

    ReplyDelete

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