I talk about Robo Advisor firms a fair bit on here, I had planned on moving on so you guys don’t think I’m a one trick pony. I was doing a good job of that until one of the ‘Growth’ team over at WealthFront decided to jump into my conversation on Twitter with a Fee […]
Archives for July 2014
The dichotomy of early retirement and tax advantaged savings
I am a proponent of the FIRE concept, Financial Independence, Retire Early. Though the first part of the statement is the key, and once you have achieved financial independence you don’t have to start knitting, it just means that you have options. Options that can include taking a year (or a lifetime) off to sail […]
Repair Ratio – Assets, Income and Correlations
Recently, in The Forum, I was discussing the strengths and weaknesses of dollar cost averaging (DCA) vs lump sum investing. While many think of DCA as a powerful financial mechanism, there are two key flaws that arise from its implementation. The first is lazy money syndrome. DCA drips money into an investment over time. that […]
Forum Digest – Personal Finance Topics
Here’s a quick recap of some topics from The Forum this week, I’ve been trying to build some detailed posts there, and hope you will come by and join the conversation, starting your own threads and sharing your ideas or questions. 529 Plans and Saving for College Education (by imjoe) I have a son who will […]
My New Years Resolutions
I lay in bed last night planning out one of my next big ventures, and this morning decided that I need to write down my New Years Resolutions, as I have quite a few things that I want to achieve. I then stopped for a moment and realized that it wasn’t new years, I thought, […]
If you can’t sell a stock, you shouldn’t buy one.
Nobody buys a stock with the intention of it going down (excluding ‘shorters’ and disgruntled spouses of course..) so when the transaction doesn’t turn out the way you expect you need to think about when to exit correctly. Holding onto a losing position is one of the most common financial flaws that people face. It […]