The End of Conspicuous Consumption? QVC vs. S&P 500
Kyle at Amateur Asset Allocator hosted this week’s Money Hacks Carnival and selected my post on Dollar Cost Averaging as an editor’s pick. Thanks, Kyle!
In his introductory comments regarding the nascent economic recovery, Kyle said:
Gone (hopefully) are the days of conspicuous consumption as sound personal finance principles come back in fashion.
While I am equally as hopeful that the economy has indeed turned the corner, I’m not so sure that we, the people, have really changed.
When surfing TV last night, I noticed there are as many silly shopping channels as ever. Surely, if we had mended our spendthrift ways and sworn off late night calls to buy the latest in vegetable-fashioning technology, there would be fewer channels hawking the stuff. Continue Reading »
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