Hi All,

As part of our mission to bring you the most interesting personal finance tidbits on the web, today’s cruising has yielded a gem worth blogging about. As you may have noticed, many members of our nation’s representative body, the U.S. congress, are execeptionally wealthy.

If you’re like us DINKS, you’ll likely wonder how they got that way. Well, it turns out the most popular stock held by congress is GE. Not only that, the most common asset class was real estate with finance & insurance being the most popular sector.

If you want more details, Opensecrets.org has the skinny on congressional wealth.

Enjoy your surfing!

Best,

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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