I got an email from a reader yesterday that asked: “Hello Hank, I’ve been with my company for almost 20 years and I have over $1,000,000 in my 401k. I am 45 years old and I have a house mortgage still of $295,000 for another 13 years paying about $2000 per month. Would it make [...]
So I met with my Edward Jones rep 2 weeks ago and he informed me that my ROTH IRA is being invested 100% in NPFBX. Keep in mind, 9 months ago, my goal was to just get a ROTH IRA started again. Now that I’m a bit futher along in my journey, I figured I’d [...]
I can almost guarantee that every person on the planet over the age of 15 has asked this question before. And there are a lot of answers for it that thousands (if not millions) of people will tell you how to spend your money if you don’t want to search for yourself. My blog is [...]
I got to thinking about this today after reading Hot Air’s post about how they had to pull a lottery game in the UK because the goal of the game was in reference to temperature; more specifically, negative numbers. People were supposed to scratch the ticket and find if they had a lower number than [...]
So I got to thinking yesterday in writing about changing the funds around in my 401k, that people may or may not know the reasoning and benefits of a 401k; and I may be putting the cart before the horse. So I figured it best to start at the ground floor… Many companies offer a 401K retirement [...]
Where should I put my money now so that I can live comfortably in retirement? I’ve been asked and asked myself this question many times over the years, as I’m sure everyone has. Everyone wants a magic formula that will tell them where to put money. Some people think there is a magic box that [...]
So yesterday I got to thinking about how I would be impacting my retirement account by taking out the $2000.00 for the emergency root canal procedure I bought myself yesterday. How would that money have worked for me over the next 40 years till retirement? Well, if I would have just had that $2000.00 and [...]
So I decided to try out Flexo’s monthly expense template, and it isn’t looking too promising for me this month. I’m doling out more than I am taking in this month. Off the top, that sounds like it is bad, but really it isn’t TOO bad. I figured my cash allowance was high this past [...]
UPDATE! AGLOCO CALLS IT QUITS! How long have people asked this question? I suppose since the beginning of money. I certainly have had my fair share falling for scams. Without a big investment you’re kind of limited in your options. I have never had a lot of cash to work for me so I have [...]
Climbing out of debt can be hard, but it is certainly possible. I initially started searching Personal Fianance Blogs a year ago to find a way to climb out of debt myself. RedCouch hosts a blog and isn’t so sure about them, but they’re thriving and helping now! There were not as many as there [...]
