At a conference on financial literacy on Apr. 20 in Chicago, Federal Reserve Chairman Ben Bernanke said it was time for Americans to learn to manage their money. Ramit Sethi couldn't agree more. The 26-year old personal finance guru has made it his mission to help Americans do just that and he tries to make it as simple as possible. In his new book, I Will Teach You to Be Rich, and on his blog of the same name, Sethi shows twentysomethings how they can automate their financial decision-making and learn how not to overanalyze. This is especially true when it comes to investing. He says money should be automatically diverted to investment accounts, then automatically invested and rebalanced, according to a set calendar. Sethi met with BusinessWeek's Ben Levisohn on Apr. 17 to discuss how fearful investors can get started in this vexing environment.
For full article: http://www.businessweek.com/investor/content/apr2009/pi20090420_045845.htm?chan=investing_investing+index+page_top+stories
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