Archives for June 2006

Bought Some Bridgeway, Selling Individual Stocks

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As a follow-up to my post Researching Bridgeway Funds and BRSIX, I went ahead and opened an account with Bridgeway and bought $2,000 of BRSIX. I chose Bridgeway over other Micro-Cap alternatives for a variety of reasons.

First, after looking at the Micro-Cap ETFs, none of them were truly indexes either, as you really can’t be in this sector. They all have their own unique algorithm for choosing which stocks to hold, for better or worse. Also, since the ETFs are new it is unknown how they will react to large inflows or outflows of money as Micro-Caps are very volatile. These concerns are mentioned in this CBS MarketWatch article.
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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


June 2006 Financial Status / Net Worth Update

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Net Worth Update June 2006

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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Best ATM or Credit Card For Foreign Travel?

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

Just because you’re overseas on vacation, doesn’t mean you shouldn’t still pay attention to fees. Visa and Mastercard charge a standard 1% “conversion” fee on all foreign transactions (even if they are in US dollars!.) Many major credit card issuers charge you up to another 3% on top of that. Why? Because they can.

But by selected the best credit card in your arsenal, you can minimize the damage. Flyertalk has a great resource listing all the card issuers and the rates they charge. Don’t forget to also take into account the cashback program of your specific card, as you’ll still earn it on foreign purchases.
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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


This Week’s Carnivals

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  • Carnival of Investing at Journey to Financial Freedom
  • Carnival of Personal Finance at My Open Wallet
  • Festival of Frugality at Mighty Bargain Hunter
  • Carnival of Debt Reduction at Kirby on Finance
My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Off To Asia

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

greatwall.jpgI’m off to Asia tomorrow for a family trip. I still have to pack and do a million other things beforehand, but it should be awesome!

Although I love to travel, I never buy souvenirs (except as gifts). I try to follow the “take only pictures, leave only footprints” policy, except for buying a postcard from each place. My ultimate goal is to have an entire wall covered with postcards. Right now I have only have about a 3′ x 3′ block, so I’ve got lots to go =)
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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.


Only Have $50 a Month? So What, Start Investing!

My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone.

This post is for those who aren’t investing regularly for their retirement yet. Not just saving, investing. In order to retire right, you’re gonna have to beat inflation. That means no savings accounts! I wrote previously about IRA Options For Those Starting Out, with various options for those who with limited funds.

How this? In addition to TIAA-CREF which was already mentioned, T. Rowe Price will let you open an account and invest in their funds for only $50 a month if you sign up for their Automatic Asset Builder program. There may be a $10 annual low balance fee, but don’t let ten bucks stand in your way. Start! Here’s a little secret: $50 a month is nothing.
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My Money Blog has partnered with CardRatings and may receive a commission from card issuers. Some or all of the card offers that appear on this site are from advertisers and may impact how and where card products appear on the site. MyMoneyBlog.com does not include all card companies or all available card offers. All opinions expressed are the author’s alone, and has not been provided nor approved by any of the companies mentioned.

MyMoneyBlog.com is also a member of the Amazon Associate Program, and if you click through to Amazon and make a purchase, I may earn a small commission. Thank you for your support.