Money To Live

August 30, 2008

Review: www.fool.com

Filed under: review — by moneytolive @ 5:00 am
Tags: ,

The Motley Fool (www.fool.com) is a great website about personal finance. Its mission is to “to educate, amuse, and enrich.”

The site offers information about investing, saving, taxes, and much more. Reading the articles always makes me smile. For example, the section on taxes is called “Death & Taxes,” a reference to Ben Franklin’s quote

Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.

If you are looking for information about a specific company, the Caps & Quotes section provides basic information as well as financial statements for publicly traded companies.

A popular topic in PF is the “emergency fund,” a stash of cash that can cover 3-6 months of living expenses. I like The Fool’s take on this topic – think about how much you need, how you feel about risk, and what expenses are looming on the horizon. Three caricature scenarios are given, which lay out how many people use emergency funds.

The Motley Fool discussion boards are active. In the past 24 hours, 5 people have weighed in on the savings from canning your own plums.

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