I’m starting to prep for my silly month of spending no money, and was going to ‘update my budget’.. however, full disclosure here, I don’t have one and I think they don’t work in the way most people rely on them.I feel that budgets are analogous to a diet. In my opinion, diets don’t work […]
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 […]
Don’t forget to check with HR about your FSA!
Typically this time of year I might send out a reminder to spend up your FSA money, as it was always ‘use it or lose it’. However, IRS notice 2013-71 provides for a $500 carry over into the next year. You might find that you are still being bombarded with emails saying ‘Spend your FSA […]
Should I go for the Ferrari?
I sometimes feel that we are playing the Game of Life here… imagine yourself going through cycles, from lack of financial awareness, directly into debt in college, and then clawing your way back to Par, and beyond. It really is a common path, and a sadly expensive one. Today, as the dust settles on the […]
Granulation of investments for Tax Loss Harvesting
I was reading an article this morning by Kitces on Tax Loss Deferral (something I do currently with partial Roth Rollovers) which had a line in it that really caught my eye: Broadly speaking, this means that the more diversified a portfolio is, and the more granular the positions are (in the extreme, holding each […]
Screw the 401(k) let’s do Hookers and Blow!
Before we get started Hookers and Blow (or H&B) is the generic term given to any spending that is considered wasteful, and for some, a lot of fun. This notion of 401(k) OR H&B is one that most of the conservative financial sites throw at us constantly, of course, they don’t think about what they […]
Free $20 Amazon Gift Card for first 1000 signups #BlackFriday
Personal Capital is offering a $20 Amazon Gift Card to the first 1000 people that sign up using this link. In order to qualify for the the $20 you must sign up, and then link up your accounts to the profile, I believe just one will trigger the bonus. Linking more will allow you to […]
Man Vs Robot – How my portfolio stacks up to the Robo-Broker
Firstly, I am fan of FutureAdvisor. They are a robo broker that competes with Betterment and Wealthfront. I think that they hold an edge over these two since they are willing to look at your holistic (held away assets) portfolio – whereas the other two players don’t care to. I signed up for an account […]
No Action on the 6 and 8!
Having just returned from a quick trip to Atlantic City, I am reminded of the similarities of Casino Gambling and the traits we see within a more traditional behavioral finance perspective. The phrase ‘No Action on the 6 and 8!’ comes from the game of craps. Specifically related to bets placed on the Don’t Come […]
Understanding the Types of Property Ownership
Property is generally divided into two types, Real Property (land and buildings) and Personal property, the latter further divided into Tangible (your possessions such as clothing, electronics, jewelry etc) and intangible (monetary instruments, assets and investments). Cash seems a tough one to define, but most consider it not to be tangible, while some consider it […]