Have you ever do something for a really long time and you do it repeatedly, because you think you're doing it right, but not sure why? Then all of the sudden someone else tells you that what you've been doing is RIGHT and s/he tells you why/the mechanism of it AND it makes you feel/look like a genius?
For example: Until a couple of days ago, nobody ever told me the how to use(utilize) a credit card so I don't fall into debt, get a bad credit report, etc. Since I got my credit card (waay back when), I've always paid it in full, never carry debt to the next month. I asked my credit card company to raise my limit like once a year or so, then I also get a second credit card (just because...even though I barely ever used it). I also asked to lower my APR even though I always pay my cc bill in full. I know some people who only pay the minimums of their credit card and they even tell me to only just pay the minimum. I personally think that's a stupid idea. Why do I want to carry those debt over to the next month with such a high interest rate? If you asked me two weeks ago why I do all the stuff I do with my credit card, I would've said "I don't know". Last week, I bought this book called I Will Teach You To Be Rich by Ramit Sethi. In chapter one, he tells you how to utilize your credit card usage, how credit history and credit ratings work, etc. So it turns out what I have been doing is right! I have been maximizing my credit score. I haven't check what my credit score is this year, hopefully it will be 850 (probably won't though). So chapter one of that book makes me think I'm a genius! lol. I totally recommend you to buy/read this book if you're in your 20s/early 30s. I have read so many different (personal) investing books, but found this one make the most sense for young people. Why? He doesn't tell me to start investing in real estate (I'm in my twenties, why do I wanna spend a huge chunk of my money on real estate, paying property taxes, maintenance, etc if I can invest it in something else--Like a Greek Bond or Iceland CD...haha) and he doesn't tell me to stop spending/cutting back on things that I like (going out for food/drinks/sport events and travel).
Another example is when I picked up Placido Polanco and dropped Miguel Montero (before Montero went to the DL). I already have Joe Mauer as a catcher and Aaron Hill as a second basemen. After Placido's first game with the Phillies, I picked him up right away and drop Miguel Montero and guess what?! Aaron Hill went to the DL after I picked Polanco, Montero got picked up by another guy, but not long after he got pick up off the waiver, Montero went down to the DL and got a knee surgery. Psychic or a genius move?
Jason Frasor blew two save opportunity for the Blue Jays (some other team actually had him as a closer) I decided to pick up Kevin Gregg 3 games before Cito Gaston decided to appoint Kevin Gregg as the closer. HWHAT?!
Yea...definitely time to go to bed... But seriously though, If you're young and in debt or need some financial tips, check out that book I told you about or just read his blog http://iwillteachyoutoberich.com lots of good financial advice there.
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