So the ‘Brexit’ vote happened. The markets weren’t expecting it, and they are about to show their disappointment. Big picture, the actual leaving of the EU might be a good thing for Britain, but to a US based investor, that doesn’t mean much.Markets are driven by speculation, and people and organizations are able to move […]
Should you do a Sidedoor Roth IRA?
I hope all you savvy readers know what a backdoor Roth IRA is? You don’t? It’s really complicated, which is why posts are generally 200000 words or more and have diagrams.. here’s my explanation:If you earn too much to pay into a Roth (per this chart) then you can instead contribute to a Traditional IRA, […]
Where my assets are located
What a great post idea, tell the world where I buried the loot! I read a few posts from around the web recently from these ‘personal finance bloggers’. For those of you who don’t know yet, a personal finance blogger is more likely a person who wants to earn an affiliate check from a finance […]
Getting out of Debt? Make sure the punishment fits the crime
I read a post last night shared by a couple of behavioral finance guys. It pissed me off. I get annoyed when people who seem like industry experts share something that makes absolutely no sense whatsoever when you give it more than a moment’s thought. Want to read the post, it’s right here: How one […]
Controlling the Magic of Compound Interest
If I had a dollar for every article I have seen lauding the magic of compound interest I’d be able to go have a nice steak dinner somewhere. Or I could invest it, and over time, magically become a millionaire. Compound interest really is a fantastic thing, but we need to understand the components, and […]
Should you take out a loan to fund an Emergency Fund?
Disclosure, this isn’t a fake reader question, I was just trying to figure out a title that helped people look at things a bit differently.. Let’s tackle the mighty emergency fund again. Probably the most misunderstood financial tool, sadly by financial professionals too. Let’s clear up a few things before going on, by defining an […]
If you fail this test, you don’t understand money.
That’s fine though, failure is needed on the path to success. If you feel strongly about this I advise you to: Argue. Listen. Change. I promise to do the same. You should not accept anything that is written as the truth, you should seek to challenge it. In the end you will either confirm your […]
I just price matched Amazon, and now I feel dirty..
Loving the new house, but winter is coming. I started looking around at space heaters online. One that caught my eye was the new Dyson AM05 Heat and Cool fan, it typically retails for $399 on Dyson.com, but right now they have a sale on that takes $100 off, making it $299. Amazon had it […]
Dropping the iPhone 5 for the Moto X
I recently tested a Moto X from Republic Wireless, and was so impressed that before getting around to writing this review I have already bought one from them. I’ll be buying the second as soon as I am free from the chains of my old AT&T contract, which happens next month. In the 5 years […]
Cutting the cord update
We cut the cord on cable TV sometime around January 2013. When we did we replaced $129 per month service with a $55 internet only package, and since moving to a new area we are now on a $45 internet only package. We added a digital antenna, which worked really well in Brooklyn, but might […]