College 529 Plans are tax advantaged savings plans designed for people to set aside money for future education expenses. This post is a primer on the plans benefits for you as a saver, and will go onto some tips for structuring your plan in a savvy way to create a safety net in the event […]
Archives for July 2013
Stocking up for Holiday Gifts by recycling Ink at Staples
If you are the type of person that plans ahead for Holiday spending then this post should be right up your alley. By joining the Staples Rewards Program, you can get some fantastic deals from Staples on great gifts – often for a fraction of the regular price. This post will talk about how the […]
Get Your Free Credit Score Monthly from Credit Sesame (Experian) and Credit Karma (Transunion)
I have long been a fan of the new breed of credit and wealth monitoring services offered by firms like Mint.com, Personal Capital, Credit Karma and Credit Sesame.The latter two would send alerts when I receive a new hard pull on my account, and other configurable alerts such as High Credit Utilization. I had always […]
Converting to a Roth IRA – using Partial Transfers to reduce Tax Costs
Converting your Traditional IRA into a ROTH IRA is a very attractive concept for many people, it can save you thousands during your retirement, however, even more importantly is doing it the right way can save you thousands today.When you convert you will be faced with an immediate tax bill for whatever you pulled out […]
Lessons from John Bogle’s Third Principle of Passive Investing – Buy right and hold tight
In part three of the series investigating the underlying message of Vanguard Founder and Passive Investment idol John Bogle we will take a look at the principle of Buy Right and Hold Tight.I think that this finally is reaching a place where we could see a strong difference emerging between the Active Investing habits of […]
Turning off the Tap on your Dividend ReInvestment Program
Dividend Reinvestment Programs, known as DRIP ‘s have long been lauded as an excellent way to accumulate wealth. And they are something that I have been a fan of for a long time. However I am wondering if it is coming to the time to turn the tap off, and stop the DRIPing…As an overview, […]
Drifting the Target Date Retirement Fund
Target Date Retirement funds are ‘set it and forget it’ funds available from all of the top Investment Management Companies. If you want a primer on them I suggest checking out this post first: Target Date Retirement Funds -An Introduction – in a nutshell they are a single fund you purchase, from someone like Vanguard that is […]
$5000 Free Brokerage Account Challenge Part 2 – Asset Allocation
I set up an Account with Fidelity in April 2013 with the mission of building a Brokerage Account with a value of $5,000 funded from Cash Back from Credit Card spending, I also kicked things off with a $250 that I had saved by cutting cable early this year. Today I made my first Asset […]
SEC Lifts Ban on HedgeFund Advertising -Here is an advert for you, the top 20 firms under-perform the market.
Breaking news today was that the Securities and Exchange Commission (SEC) has announced Hedgefunds would be now allowed to Advertise Publicly for the first time. There is outrage as people are fearful of how these evil Funds will start manipulating more and more investors and we will have another crisis where the 1% get richer […]
Could Separate Finances be Better?
Since day one of my relationship with my wife our finances have been mixed, in so much as I paid for everything for a good while, and then one day she paid for something, and then it was a bit of a blur. I still remember the day when I allowed her to pay for […]