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Monday, September 7, 2009

Links (some money and some math)

Here are a few good links that I found around the web:

Internet Teens Failing Math - The basis of this article is that with the compressed time schedule in high school (four years of high school math rather than five) that students aren't learning as much and having a much more difficult time in University math programs. Additionally, less time leads to less practice of the fundamentals.

Be Suspicious When Managing Your Money - Just good common sense advice, that you have to rely on yourself (and think!!!) when managing your money. Do some reading, use some common sense and if something sounds too good to be true it likely is!

Flipping Houses for Profit - One of my favourite blogs, MillionDollarJourney discusses flipping properties and if it is worthwhile and the difficulties that can arise. A related link (from the same site) is Converting Your Residence into a Rental Property. I hope to have some rental property in the next five years and one of my philosophies is to be well read upon the subject so posts like this peak my interest.

What are REITs - For those that are interested in real estate, but less risk (and less cash), Real Estate Investment Trusts are another option for you (to diversify your portfolio). One of my fears with a rental property is that all of a sudden $200,000 of my portfolio is in real estate, and with that chunk in there it is difficult (impossible) to be diversified. This is a good way to test the waters.

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