In my rough guide to investing, I suggested some all-in-one mutual funds for beginners. But what if you want to go a step further and design your own portfolio? Or you have a 401k with only limited choices? Of course, the best answer is always … [Read the rest]
Model Retirement/Investment Portfolios: A Comparison
Subscribe To My Money Blog
If you find this blog useful, I cordially invite you to subscribe to my content feed and get new entries sent directly to your e-mail address or RSS reader. Click here for all the subscription options. It's easy and takes just a few seconds. (It … [Read the rest]
Links: Tax Liens, Budgeting, Diamonds, Time, and Carnivals
Here are some posts from other bloggers that caught my eye: Guzzo the Contrarian writes about Arizona tax lien certificates. I remember these being vaguely mentioned as superior to bank CDs in the Rich Dad, Poor Dad book series. I'm sure these … [Read the rest]
Bikini Girls + Waterfalls + 90s Real Estate Guru = Tom Vu
Thanks to reader Heather, I have a new favorite real estate guru: Tom Vu. I guess I was too young to know about this guy when he was in his prime. His bluntness and blatant disrespect for our intelligence is so refreshing. You simply must watch. … [Read the rest]
Tax Tip: Don’t Forget Your $30+ IRS Telephone Tax Refund
Since the IRS starts accepting electronic returns this week, let's start off with the tax tips. First, an easy one: the IRS Telephone Tax Refund. Summary: Courts decide old phone tax not legit, should be refunded. You and I get money … [Read the rest]
Why You Should Ignore Stock Market Predictions
The Motley Fool used to be a great resource for investing, espousing index funds and low-cost investing, but it is gradually becoming just a factory that churns out stock tip newsletters. Last January, they made some Stock Predictions for 2006. … [Read the rest]
Free International Phone Calls By Calling Iowa
AllFreeCalls.net is offering free international calls to select countries. All you have to do is call this Iowa phone number: (712) 858-8094, and then enter the usual 011 + Country Code + Phone Number. How do they make money? Via … [Read the rest]
Nothing Down For the 2000s: Real Estate Book Review
I'm naturally skeptical of most real estate gurus, with all that feel-good "You too can be rich!" talk and very little substance. Still, I was curious to see what was inside Robert Allen's best-selling book Nothing Down for the 2000s: Dynamic New … [Read the rest]
A Quick Lesson In Wall Street Lingo
It can be tough watching CNBC and reading stock market articles without knowing the proper terms. Here are some helpful pointers: Profit-taking: All-purpose explanation for why the market went down. Correction: A major market crash made to sound … [Read the rest]
January 2007 Financial Status / Net Worth Update
About My Credit Card Debt Newer readers may be alarmed by my high levels of credit card debt. In short, I'm borrowing money for free and keeping it in safe investments while earning me interest. Along with other things, this helps me earn extra … [Read the rest]
Dollar Cost Averaging: A Poor Way To Reduce Risk?
Dollar Cost Averaging (DCA) involves investing a fixed amount at a regular interval. Lump-Sum Investing (LSI) involves putting in all the money you have available to invest at once. These are not mutually exclusive! If you are investing a portion … [Read the rest]
Do You Have A Water Leak?
Is your water bill higher than it should be? Toilet leaks may be silent, but account for about 95% of increased water use that shows up on bills. How to tell if you have a leak in your plumbing: Turn off all the water inside and outside the … [Read the rest]