Sunday, January 20, 2008

Writing and Money

As way of introduction. I am an aspiring writer who recognizes the importance of leisure time in order to pursue my dream of authorship. Understanding the need for time and the relationship between time and money, I have made it my goal to become financially independent of 'the man.' Also, having some background in economics and investing, I realize that the best way for a person of my limited means to reach a goal of independent wealth at an early enough age, investing in stocks seems the logical solution. What other investment tool offers such potential and liquidity with such a history of proven success?

A regular frequenter of other financial bloggers, I decided that there is a value inherint to the process of blogging itself; it provides the perfect medium to frame thoughtful questions and ideas with the backdrop of knowing others will be looking and critiquing my thoughts. This, being my first post, is just to set the stage for what I hope will become a great interchange of ideas.

The themes I wish to pursue in my blog are--if you couldn't already guess from the title--writing and money. Please feel free to chime in with any insights you might have on how to become better with both of these topics.

3 comments:

BenD said...

hi James. I'm interested in being financially comfortable as well... so, I'm with you there. As far as the writing goes... don't be too disappointed in me... you see, the last 2 books I "read" were on CD! I will say this though... it's a very odd juxtaposition to be listening to Faulkner's "As I Lay Dying" in a car with a navigation system. If you've ever read about the Bundren's journey, you'd appreciate that comment. Although listening to a sci-fi set in 2036, I felt like I was driving an antique!

Back to the money thing... best thing to getting and staying ahead is to not have any debt. Kinda hard for middle America to pay cash for a house, so that can be excused! Oh, and one more thing... buy low, sell high.

With SO many magazine articles, newspaper articles, seminars and co-workers giving advice... it can be overwhelming as to what the best investments are to obtain specific goals, so I'll be checking in on your blog from time to time to pick up nuggets of insight, discoveries and advice on having more $$$. If you ask Chuck (Schwab) he'd tell you... "Time in the market is better than timing the market." I interpret that as... boring and consistent will eventually be very exiting! --Ben

James said...

Ben

Thank you for the comments. Please do continue following my blog. It sounds like you and I have a similar view on investing and money in general, and maybe my interest in literature will rub off on you.

BenD said...

I'd have to say, my extracurricular "free time" interest is music... live music, musical theater, listening to tunes at the office, as well as singing at the office! I suppose that's why I picked up some books on CD. In an interest to be informed on what Lucy is putting in her brain, I have taken to reading what she's reading... you know the sort. Although, I'm not interested in the "Pretties" series. The author of the "Artemis Fowl" series just published a new book. Lucy and I will soon be trading off on that one. I hope to finish the Lemony Snicket "Unfortunate" series before she's graduates from college! Add "Anne of Green Gables" to that list... we're in book five.

On a completely, but blog related note... the market started out strong today, but lost major ground. Don't loose heart... keep the faith!