(In case you’re confused by the headline: a principle is a rule, and pollex is an obscure term for thumb. Therefore, this on-going series is all about Financial Rules of Thumb.) Try as we might, there are times when debts just overtake us. Quite often it is one of several things that causes this to [...]
Posts under ‘principles of pollex’
Principles of Pollex: Auto Purchases
(In case you are confused by the headline: a principle is a rule, and pollex is an obscure term for thumb. Therefore, this on-going series is all about financial Rules of Thumb.) Buying a car is such a common activity that many folks don’t give much effort to following any “rules” around this purchase. I’ve [...]
Principles of Pollex: The Rule of 72/Rule of 78′s
(In case you are confused by the headline: a principle is a rule, and pollex is an obscure term for thumb. Therefore, we’re talking about Rules of Thumb.) In this installment of our ongoing Principles of Pollex series, we’re going to talk about two Rules from the financial world that are actually real, true, undisputed [...]
Principles of Pollex: Investment Allocation
(In case you are confused by the headline: a principle is a rule, and pollex is an obscure term for thumb. Therefore, we’re talking about Rules of Thumb.) In this installment of the Principles of Pollex, we address a compelling Investment Allocation Rule of Thumb: Invest X% of your money in bonds, and the remainder [...]
Principles of Pollex – Saving 10% of Income
(In case you are confused by the headline: a principle is a rule, and pollex is an obscure term for thumb. Therefore, we’re talking about Rules of Thumb.) I like rules of thumb, as a rule of thumb… I think we all want for most difficult issues in our lives to be boiled down to [...]
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
