Comments on: The Best Advice My Father Never Gave Me http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html Business-Building Secrets for Growth-Obsessed Companies Thu, 20 Nov 2008 16:15:28 +0000 http://wordpress.org/?v=2.3.3 By: Clayton Makepeace http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-565 Clayton Makepeace Tue, 18 Sep 2007 03:59:55 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-565 I\'m afraid you misread me. I did not say that ALL ETFs and mutual funds are safe. But funds that own only US treasuries trade on the value of those treasuries -- and the yields they pay are guaranteed by the good faith and credit of the US government. They are the world\'s safest investments -- which is why the yields they pay are so low. The only way your yields would be interrupted would be if Washington defaulted on its debt -- which has never happened. Hope this helps ... I\’m afraid you misread me. I did not say that ALL ETFs and mutual funds are safe. But funds that own only US treasuries trade on the value of those treasuries – and the yields they pay are guaranteed by the good faith and credit of the US government.
They are the world\’s safest investments – which is why the yields they pay are so low.
The only way your yields would be interrupted would be if Washington defaulted on its debt – which has never happened.
Hope this helps …

]]> By: Rowan http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-564 Rowan Mon, 17 Sep 2007 19:37:08 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-564 Great words from the master. the dumbest thing kids di is they buy a car for $10k, pay $15k, trouble is its only worth $5 Great words from the master.

the dumbest thing kids di is they buy a car for $10k, pay $15k, trouble is its only worth $5

]]> By: RJ Purvis http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-562 RJ Purvis Mon, 17 Sep 2007 11:28:35 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-562 Sorry, that 1st para should be directed at Rich, not John - not sure who John is...lol Sorry, that 1st para should be directed at Rich, not John - not sure who John is…lol

]]> By: RJ Purvis http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-561 RJ Purvis Mon, 17 Sep 2007 11:27:26 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-561 To John, He said invest in mutual funds and ETF\'s that invest in US treasuries that are safe. Does that make a difference? Im from Canada so not sure, but that\'s how I read it. To Clayton...this is great advice - the irony for me is that Im a CA which is like your CPA there and for most of my adult life I sucked at money management. All you have to do is look at my stable of sportbikes and gear/accessories and you\'ll know why - anything left went to food and clothes. Im much better now, but definitely suffer from said Optimism that you speak of. My attitude has been, \"I\'ll figure out a way to make it all work.\" To John, He said invest in mutual funds and ETF\’s that invest in US treasuries that are safe. Does that make a difference? Im from Canada so not sure, but that\’s how I read it.

To Clayton…this is great advice - the irony for me is that Im a CA which is like your CPA there and for most of my adult life I sucked at money management. All you have to do is look at my stable of sportbikes and gear/accessories and you\’ll know why - anything left went to food and clothes. Im much better now, but definitely suffer from said Optimism that you speak of. My attitude has been, \”I\’ll figure out a way to make it all work.\”

]]> By: Rich http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-560 Rich Mon, 17 Sep 2007 09:30:55 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-560 Hi Clayton, I am really surprised that you blew this one. You are a financial copywriter and you said in your second item that investing in mutual funds and ETF\'s is safe. Because they are guaranteed by the US Govt. you can\'t lose your money. Wrong! These are still mutual funds and ETF\'s and there are no guarantees period. There is no absolutely safe or guaranteed investment. Thanks. I love the \"Total Package\". Rich Hi Clayton,

I am really surprised that you blew this one. You are a financial copywriter and you said in your second item that investing in mutual funds and ETF\’s is safe. Because they are guaranteed by the US Govt. you can\’t lose your money. Wrong! These are still mutual funds and ETF\’s and there are no guarantees period. There is no absolutely safe or guaranteed investment. Thanks. I love the \”Total Package\”.

Rich

]]> By: Donna Doyle http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-559 Donna Doyle Mon, 17 Sep 2007 07:08:29 +0000 http://www.makepeacetotalpackage.com/clayton-makepeace/the-best-advice-my-father-never-gave-me.html#comment-559 I\'ve been a freelance copywriter for 7 years and a working writer for 17. Clayton, this advice is priceless for every freelancer out there. It\'s during the slow times when so many successful freelance careers crash and burn. Your great advice will help many of us make sure this doesn\'t happen. Thanks! I\’ve been a freelance copywriter for 7 years and a working writer for 17. Clayton, this advice is priceless for every freelancer out there. It\’s during the slow times when so many successful freelance careers crash and burn. Your great advice will help many of us make sure this doesn\’t happen. Thanks!

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