I just got done reading a post from MyMoneyBlog that asked if you could really withdrawl from your ROTH. My first reaction was, sure, good idea! It’s a good investment vehicle that can draw good returns on good investments. Why not! But then I got to thinking I could invest that [...]
Nov 17, 2009 | 0 comments | View Post
So the past 4 weeks I’ve been waiting for a job offer to come through. It is in a different department, but in the same company. I’ve interviewed a 3rd time and talked with the hiring manager on several occasions stating that everything SHOULD be in proper order. The salary will [...]
Nov 14, 2009 | 1 comment | View Post
I recently got my bill in the mail from Travelers Insurance. I went with them because when I called up Geico to renew my auto insurance, they mentioned they cut a deal with these guys to give me the best deal on homeowners insurance. But did they? I own a fairly new house (it’s a [...]
Nov 11, 2009 | 4 comments | View Post
I am 28 years old and I have limited, but learning comprehension of how investing works. I wasn’t taught my my parents, I wasn’t taught by my school, I wasn’t taught by my friends. I came into learning about it more forced than anything else. I went backwards from the standard: Date–>Marry–>Save/Invest–>House–>Child.
I went Date–>Child–>Marry–>Child–>House–> Save/Invest. [...]
Nov 08, 2009 | 4 comments | View Post
So in my last post I mentioned a new and improved way I was planning on calculating my net worth. The general consensus says that the mortgage is the liability and the house is the asset. People seem to be getting hung up on the fact that you’re not comparing apples to apples. You’re comparing [...]
Nov 07, 2009 | 0 comments | View Post
Where to start with this one – lets start with a few of the folks I’ve seen post on it already – Flexo, LazyMan, Jim, Matthew, Smith Financial Place, MyMoneyBlog, Associated Content, FreeMoneyFinance, Canadian Capitalist, MoneyMonk, Crazy Engineer, Yahoo!, Watson Inc, Project Senso, Google Forum, just to name a few.
Let me precursor this with the [...]
Nov 06, 2009 | 8 comments | View Post
Like everyone reading or writing personal finance blogs, I’ve made my fair share of investing mistakes, specifically get-rich-quick schemes. Clearly we all want to make a fast buck when we’re young, that’s all we see on TV! But it is something really you have to fall for at least once (or 4 times [...]
Nov 05, 2009 | 0 comments | View Post
So where did I learn to invest? Nowhere in particular. A lot of Personal finance blog reading, random quips across the internet. A bit through my financial advisor; Edward Jones, which I have had about 12 different reps there in 8 years. High turnover apparently – So I also recently finished up “Rich Dad Poor [...]
Nov 04, 2009 | 9 comments | View Post
I have a $500,000 whole life insurance policy with Hartford Mutual that I pay $200/month to keep up. $8.50 goes to the administrative fee, $100 for the actual coverage itself and the remaining $90.00 goes into the mutual fund. I’ve had it for about 4 years now and I have almost $8,000 in the mutual [...]
Nov 03, 2009 | 9 comments | View Post