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sho
Joined: 22 Jan 2012
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 Posted: Tue May 01, 2012 8:03 pm Post subject: saving money thread? |
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Hey! A while back I stumbled onto a thread on here about saving money, and now I can't find it (I've tried several different types of searches). There was a really financial savvy poster who gave tons of advice and suggested readings on how to invest money...
Anyone know where it is or have a link? |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Tue May 01, 2012 8:23 pm Post subject: |
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| Just remember, no one's going to come on here and post about how they lost money investing. I started a thread asking people for their experiences of that a while ago out of curiosity but got 0 response. |
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soomin
Joined: 18 Jun 2009
Location: Daegu
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| Posted: Tue May 01, 2012 10:26 pm Post subject: |
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I don't know which one you mean... but google search this:
site:forums.eslcafe.com forums.eslcafe.com investing
and you come up with tons on the subject~ ^.^ Hope that helps~! |
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tran.huongthu
Joined: 23 May 2011
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| Posted: Tue May 01, 2012 10:43 pm Post subject: |
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| edwardcatflap wrote: |
| Just remember, no one's going to come on here and post about how they lost money investing. I started a thread asking people for their experiences of that a while ago out of curiosity but got 0 response. |
Lost about 5,000 USD between 2010 and 2011 while the market was going up! To add insult to injury just got a letter from IRS saying I was being audited because I didnt add it to my tax return for 2010 and therefore had no cost basis. That means in their eyes when I sold stock/funds for a total of 150,000, over the course of a year, it looked like I made 150,000 and not the 5,000 that I actually lost. |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Tue May 01, 2012 11:06 pm Post subject: |
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| Nice one, any tips on what not to do? |
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Troglodyte
Joined: 06 Dec 2009
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| Posted: Wed May 02, 2012 1:03 am Post subject: |
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| I thought this was going to be another thread on how to avoid spending any of your salary. We haven't had one of those in quite a while. I always love reading about what extreme measures people will take to avoid spending a single penny. |
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mmstyle
Joined: 17 Apr 2006
Location: wherever
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| Posted: Wed May 02, 2012 2:28 am Post subject: |
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| Troglodyte wrote: |
| I thought this was going to be another thread on how to avoid spending any of your salary. We haven't had one of those in quite a while. I always love reading about what extreme measures people will take to avoid spending a single penny. |
lol! Too True. For me that would mean not drinking good wine! |
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sho
Joined: 22 Jan 2012
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| Posted: Wed May 02, 2012 2:54 am Post subject: cool |
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thanks soomin! and bummer about your losses tran.
no, not trying to live at a bare bones minimum ��I like to have a good time. But I do want to save while I'm here and I know there are more effective ways than just leaving my money in a savings account. : ) |
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Troglodyte
Joined: 06 Dec 2009
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