Hi All,

It’s a lazy Saturday here for us DINKs. Miel is barbecuing with some classmates and I’m working at home today. If you have a few spare moments you might consider checking out Michael Lewis’ The End of Wall Street. Its a really well written expose on some of business practices, personalities and types of products that brought down Wall street during the subprime meltdown. It could be useful when you make decisions related to investments and whatnot in the future.

Click here for the piece. It is 9 pages, but will go quickly.

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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