My Sunday Washington Post Business Section column is out. This morning, we look at the idea of putting all if the financial advice anyone needs on an 4×6 index card — the twist is to invert it, via some really bad advice.
Both the print and online versions had the Twitter friendly headline How to ruin your financial life, #badadvice. This got lots of pickup when Tweeted, and I was curious how it might play out as a column.
Here’s an excerpt:
“Sometimes people need a bit more to keep them on the path to financial security — the sort of thing that lands like a two-by-four to the head, if only to a) grab their limited attention and b) make them focus on what really matters. That index-card trick certainly inspired people to rethink the virtues of simple, basic financial advice.
This week I am going to shamelessly steal the idea of offering advice so simple it fits on an index card, with my own twist: I will offer you really awful investing advice.”
It turned out to be rather fun — go check the whole thing.
How to ruin your financial life, #badadvice
Washington Post, September 13 2015