Update to My Rough Guide To Money and Investing
I just made an update to My Rough Guide to Money and Investing, a loose framework of some of my more general money-management tips. Hopefully this is more organized and easier for everyone to digest than trying to dig through the archives.
So you can keep up with future updates more easily, I’ve also placed it in my “Popular Posts” section on the top right of every blog page. It’s replaced my $20 Emigrant Direct Savings Signup Bonus, although that’s still going strong.
Find more in Banking, Investing, Retirement | 12/20/06, 9:03pm | Trackback
December 20th, 2006 at 11:02 pm
Thanks for putting together the rough guide!
I would love to read something on health/disability insurance, and also I’d love your thoughts on tax-advantaged programs for freelance income if you already have a 401(k) through a day job.
December 21st, 2006 at 7:17 am
Nice work Jonathan
December 21st, 2006 at 8:46 am
This is a great resource - thanks so much for putting together!
December 21st, 2006 at 9:25 am
I agree with Wanda….. I’ve been lurking in the various PF blogs for some time and have been hoping someone hits two areas:
1) What if you have regular W-2 income AND 1099/freelance income. There are articles about various options, but they usually assume you are completely one or the other.
2) What if you are fortunate enough to have a MAGI above $150K-160K and thus aren’t able to contribute to a Roth?
December 21st, 2006 at 10:51 am
Actually, I myself have both W-2 and 1099 (non-W2) income. I’ve written several things on both SEP-IRAs and Solo (Self Employed) 401ks, but not recently. Both of those have no income caps per se, they just depend on your business revenue. Many of these posts are in the Entrepreneurial section.
Here are a few specific ones:
Finding a Solo 401k Administrator (I chose Fidelity)
Solo 401k vs. SEP-IRA
December 28th, 2006 at 8:56 pm
Nice work here. Have you thought about adding an insurance component? I find that term life is a must if anyone depends on your income. Also a umbrella policy might be good if you have assets to protect (plus it’s cheap at around $150 per year for $1Mil in coverage).
Great post.