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Dilbert's 9 Point Financial Plan

Dilbert creator Scott Adams claims this is "everything you need to know about personal investing":

  1. Make a will
  2. Pay off your credit cards
  3. Get term life insurance if you have a family to support
  4. Fund your 401k to the maximum
  5. Fund your IRA to the maximum
  6. Buy a house if you want to live in a house and can afford it
  7. Put six months worth of expenses in a money-market account
  8. Take whatever money is left over and invest 70% in a stock index fund and 30% in a bond fund through any discount broker and never touch it until retirement
  9. If any of this confuses you, or you have something special going on (retirement, college planning, tax issues), hire a fee-based financial planner, not one who charges a percentage of your portfolio

Scott Adams calls it his Unified Theory of Everything Financial.

He might be right.

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Dilbert and IBM

Dilbert and IBM - Since I'm now working at IBM (me and about 340,000 others), I found a special affinity for this cartoon, which was passed around by a co-worker. The fact he cc'd our manager with the cartoon tells loads. So from my experience, IBM isn't (always) this way :)

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