Why should I choose a ROTH IRA? Why should I choose a Traditional IRA? What’s the difference? I’ve been hit with both questions – The main advantage of a traditional IRA versus a Roth IRA is the tax benefits immediately realized. To receive the maximum tax benefits of a traditional IRA the taxpayer must have [...]
In StumblingUpon the internet, you’ll come across some interesting graphs and charts that really open your eyes to what has been happening. How bad is this particular stock market slump? I’d say bad enough to make charts and graphs really jump out at you. At the beginning of this blog’s existence back in the prehistoric [...]
I’m a fan of numbers, but I try not to get too wrapped up in them. They’re good markers, but the main point is to drive through with them and continue improving them. They can go up and down and really frustrate you if you let them. I’ve more than paid for my site but [...]
In continuing the series on debunking these most popular and 12+ pages being too much for one post – here is part 4 of 4 on the series Debunking The 25 Most Outrageous Money Myths. Part 1 can be found HERE. Part 2 can be found HERE. Part 3 can be found HERE.
I’ve been posed this question off and on over the past few years, so I figured it best to say the order I put my cash away. If you’ve realized that you DO need to save it, you’ve already jumped the first snag; now the question is WHERE to put the money? There are so [...]
Welp, the landscaping and deck building this past week dug deep into the e-fund and overall numbers so they’re not really as bad as they show up because they should both pay off more than the 8k-ish spent on them.
Well, this is actually the third time I’ve gotten a request like this, and I’ve emailed back both times before. Probably pointing out that I should address it publicly.
So I did some deep undercover investigation for this weeks carnival digging back in time to bring you The History of Money! Did you know that China was the first to use paper money around the year 1000. It was made from the bar of mulberry trees. Leaves from these trees, you may recall, are [...]
![Net Worth Update June 6, 2008 [$113,261.38(-3.08%)]](http://www.myinvestingblog.com/wp-content/uploads/2008/06/20080606-net-worth-150x150.jpg)
June wasn’t as bad as the numbers make it out to be. Yes, I lost about 3k on the net worth, but I bumped up my 401k contribution to 15% this past month along with my wifes. The 3k loss can most likely be contributed to the landscaping addition I tacked on that sucked 3.5k [...]
First thing is first, I’m a big fan of the 401k and not contributing to it if your company offers it is your first big mistake in investing. Your company is giving you a raise every 2 weeks when you use it. Who doesn’t want FREE money? You’d be surprised…
