Carnival of Personal Finance – #5
As usual there is a diverse collection of valuable information. A couple highlights:
Phil Town is totally right about our unhealthy obsession with being (overly) financially conservative in Safety Net Nation. Nice job.
What’s dollar-cost averaging and why is it good? Jeff from RoadToRich.com writes about it in (I love the title) Make your market timing friends feel like crap.
Something that made me think: “An interesting observation I recently made was that the graph of the US average earnings is a straight line on a linear (non-logarithmic) graph!! This indicates that the wage growth is slowing in US!!!” See the US Average Hourly Earnings Chart.