My latest Yahoo! column gives some advice for new college grads. It's based on some things I've talked about with my sister and her friends.
There's a real challenge in writing for a beginner audience about personal finance. I think Ron Lieber did a great job with his new Your Money column in the New York Times of being simple but not simplistic, and readers seem to agree since it's on the most emailed list.
Here's his Michael Pollan-ized version of investment advice: "Index (mostly). Save a ton. Reallocate infrequently."
Or maybe even simpler: Do Less. Save More.
Next week I'll be answering economic questions from recent grads. I've been getting some great emails lately with all kinds of questions and personal dilemmas and responses.
Also, my most recent Huffington Post blog post sparked an awesome discussion with 46 comments. One of my favorites:
"This generation is going to have a much more difficult time of it. The are coming of age in a period in which America is a declining power. It is good to see that a swing toward a more progressive political stance is the outcome. It is a good thing that they want a new deal. The problem is in the 1980's the shift toward free market economic models meant that few colleges taught anything other than the free market model. There is a whole generation of economists who nothing nothing of Keynsianism. Fashioning a new deal will require some knowledge of economic models that recognize a legitimate role for government to play in the economy. Where are the architects for this new deal going to come from?"