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Today’s tale was inspired by my daughter and goes out to all those that are embarking on a savings program.  My daughter is 22 years old and has been working at her job for several months now and wants to start a consistent savings program.  I call this tale

A Tale of Perspective

because as you read it you will notice that the day you start your investing program in conjunction with the short term movement of the stock market will initially determine how you evaluate the success of your effort.  However, if you stick to your program you will end up at the same place.    I have seen many young people abandon a consistent savings plan because they are met with short term failure.  They see or perceive incorrectly that they are not going in the right direction.  Have faith because you are going in the right direction and this tale shows you why.

Guest Authors

The purpose of the Financial Tales Guest Authors Page is to create a forum in which readers, bloggers and investors can introduce and showcase their own Financial Tales.

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Contact us at Financial Tales and we will review your tale, post it and linkback to your website or blog -  giving you full author credit.

Interviews

If you would like to book a speaking engagement or schedule an interview, contact us at Financial Tales.

Financial Tales Youtube Channel

Interviews:

May 31, 2009

Finance In Bad Economy/ Carlos Sera 1

Finance In Bad Economy/ Carlos Sera 2

Finance In Bad Economy/ Carlos Sera 3

October 22, 2008

Interview Part 1

The current state of investor psychology and what investors can do today and tomorrow when managing their portfolio. Also dispels general investment rules of thumb that can get people in trouble. Specifically, dispel the notion that the Washington DC region is recession-proof.

Interview Part 2

People need to invest as a function of their stage in the wealth cycle and what I find is that individual investor behavior and how they relate to their portfolio is a major influence if not the major influence that determines portfolio returns.

Interview Part 3

Mistakes that people make with their money. Unless you are a gifted trader, which of course means your investment philosophy is trading, you must avoid the “philosophy of the day.” Listening to prognosticators such as Jim Cramer is fun but dangerous to your portfolio health. What safety is from an investment perspective.

Interview Part 4

One of my core beliefs about investing is that stocks are a tool for wealth building. The stock market has periods of fear and periods of greed which naturally leads to investors having periods of fear and greed. How you should think about these periods and what you should do.

Interview Part 5

How much money do you need to retire?

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The purpose of this website is to educate investors about money and finance in the simplest way I know how. Every week or so I will release a tale or two from my library that seems appropriate for the time. Since many of my tales depend on lessons learned from other tales, whenever you see a reference I suggest you follow the link after you have completed the tale. If the link takes you nowhere, it’s because I haven’t released that tale yet.

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