![\"VFIAX\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2014\/11\/VFIAX.jpg\")
<\/a><\/p>\nBuy some VFIAX for your kids. You need $100,000 for this Admiral fund. If you don’t have $100,000, the fund is VFINX. Its expense ratio is slightly higher (but still cheap) at 0.17%. Low fees really make a difference to long-term performance.<\/p>\n
Some really interesting reading.<\/strong><\/span><\/p>\n + Bill Ackman has bought a $90 million apartment purely for spec. He won’t be living there. Click here.<\/strong><\/a><\/p>\n + CreditSuisse sent a hedge fund manager $1.5 million by mistake. Then woke up to find the money and the manager had disappeared. Great story. Dumb bank. Click here.<\/strong><\/a> Warren Buffet once said there are more banks than bankers.<\/p>\n + Verifone (PAY) is an interesting long-term short. Here’s why. Click here.<\/strong><\/a><\/p>\n + Iraq\u2019s Shiite Muslim elite are spending big for houses using corruption money and annoying the Sunni minority. What a mess. Click here.<\/strong><\/a><\/p>\n + Need freelance help? A software programming job? Try oDesk.<\/strong> Click here.<\/strong><\/a><\/p>\n + All about witches in old Salem and the influence of the old testament. Click here.<\/strong><\/a><\/p>\n + This is your brain on drugs. Marijuana will<\/strong> affect your IQ and memory badly:<\/p>\n Evidence of long-term effects is also building. A study released in 2012<\/a> showed that teenagers who were found to be dependent on pot before age 18 and who continued using it into adulthood lost an average of eight I.Q. points by age 38. And last year at Northwestern, Dr. Breiter and colleagues also saw changes in the nucleus accumbens among adults in their early 20s who had smoked daily for three years but had stopped for at least two years.<\/p>\n For the New York Times piece, click here.<\/strong><\/a><\/p>\n Favorite recent New Yorker cartoons.<\/strong><\/span>
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