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Old 04-24-2007, 10:17 PM
ahnuld ahnuld is offline
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Join Date: May 2005
Posts: 10,945
Default Re: Do you understand your personal finances?

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Is understanding just knowing where everything is, or understanding the fundamentals behind where your $$ is?

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Id like to think its understanding why your money is where it is so you can tell if the person managing it is competent. You dont have to understand all the financial jargon, but you should know a few principles or why this guy is putting your money where it is.
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