NAPFA: Warnings When Finding a Financial Advisor

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Many people feel more comfortable with someone else helping them with their finances. A common piece of advice these days is to find a fee-only advisor that doesn't work on commission. Many times this leads to a recommendation of the National … [Read the rest]

Portfolio Rebalancing Frequency: Even Less Than Annually?

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Here's another data point on the debate on how often to rebalance your portfolio to your target asset allocation. Econompic Data writes about rebalancing a portfolio back to 60% S&P 500 / 40% Barclays Aggregate Bond index from 1976-2014 and finds … [Read the rest]

The Only Two States of Your Portfolio: Happy All-Time High or Sad Drawdown

emoinvest

Quick question - What was the highest value ever for your investment portfolio? Now, what was the value exactly a year before that? You probably know the answer to the first question, but not the second, even though both have little to do with … [Read the rest]

Slate from Chase: 0% APR For 15 Months + NO Balance Transfer Fee for 60 Days + Free FICO Score

Slate from Chase Visa

Updated with free FICO score information. Looking to pay down debt in 2015? Transfer your balances to the Chase Slate® Card and get 0% APR For 15 Months and pay NO BALANCE TRANSFER FEE if done within 60 days of account opening. You won't pay any m … [Read the rest]

Blue Cash Preferred from American Express Review: 6% Back on Groceries + New Bonus

Blue Cash Preferred from American Express Banner

Update: There is a new link for this card which is offering a $50 statement credit after first purchase within 3 months of card membership, plus another $150 statement credit after $1,000 in purchases within 3 months of card membership. The sign-up … [Read the rest]

The Affluent Investor by Phil DeMuth – Book for $100,000+ Club

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This week I've been trying to catch up on my book reviews (you should see my "to read" shelf!), and after a good beginner book I thought I'd write about a good intermediate-to-advanced book. You've probably noticed there are a lot of starter books … [Read the rest]

Vanguard High-Yield Corporate Bond Fund Review (VWEHX)

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The Vanguard High-Yield Corporate Bond Fund (VWEHX, VWEAX) is a low-cost, actively-managed bond fund that invests in medium- and lower-quality corporate bonds and is advised by Wellington Management Company. I don't own any in my retirement … [Read the rest]

Book Review: The New New Thing: A Silicon Valley Story by Michael Lewis

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Somehow I picked up a copy of The New New Thing: A Silicon Valley Story, which is a Michael Lewis bestseller published back in 1999 about the internet boom. The central character is Jim Clark, founder of Silicon Graphics (SGI), Netscape, and … [Read the rest]

The Elements of Investing – Book Review (Updated Edition)

elements180

There are two major types of investing books for beginner investors: "Instructional to-do list" books basically tell you what you should do. "Inspirational big-picture" focus more on the philosophical reasons why you should do those things. Both … [Read the rest]

5% Cash Back Credit Cards: Rotating Categories Update 2015

discoverit

2nd quarter activation for 2015 now open! The credit cards below offer a hefty 5% cash back on certain categories that rotate each quarter. It takes a little extra attention, but I also rack up over a hundred dollars in additional rewards per year … [Read the rest]

1,000 Free Hilton Honors Points For Updating Password

Hilton is offering people 1,000 Hilton HHonors points for creating a "real" password to replace their previous 4-digit PIN. Took me less than a minute. You must do this between March 12th and March 25th, 2015, and points will be posted in 6-8 … [Read the rest]

Beware of Mutual Funds That Artificially Juice Their Dividend Yield

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I like seeing my dividend income roll in each quarter, as do many other investors. But are mutual funds artificially "juicing" their reported dividend yields to attract investors? This is explored in a recent academic paper Juicing the Dividend … [Read the rest]