So smart?

What makes me think I am smart enough to write a daily blog about bargains, budgets, and investments? Someone who reads this blog regularly ask if I have trouble each day coming up with something to say.

That was an easy question. I'm rarely at a loss of things to share. I believe our daily lives are full of $ decisions even if they are not to do something, go somewhere, shop, etc.

But do I have the smarts to advise folks about investments? I only share what I have done or I am experiencing. My husband, dear Bob, is worried that I will get sued for some free advice or that I unwillingly will mislead someone to invest $ that loses value.

That would be scary if I didn't always preempt my advice with things like know what you are "buying", know your own tolerance for risks, know that some investments go down and not up, and can you afford to live without touching the $ for a long time?

Yesterday I had a call from my sister. She is moving some IRA $ from a load mutual fund to my favorite fund family, Vanguard. She has not decided which fund or funds she will invest in but has decided to park the $ in the big money market fund for the time being. She realizes her $ will grow there since it currently pays more than 4.75%.

She has asked where I have my IRA $ in Vanguard. I told her I'd share later. I want her to understand allocations and expectations. She'll get it. She has a degree in accounting.

'til later