Monthly Archives: June 2009

//June

Finally Some Justice – Reverse Discrimination Takes a Hit (Ricci v. DeStefano)

Despite writing a personal finance blog, I enjoy chatting up politics and I think I have been very open about my political views, which are basically libertarian in nature.  I generally believe the government is a necessary evil and as such I want to keep it as small as possible.  The way I look at it I don’t want the government involved in my business affairs as much as I do not want them inhibiting what I (and the founding fathers) consider inalienable rights (by the way I just wrote that Retirement is not an inalienable right). I dislike the idea of [...]

By | 2013-09-26T15:01:52+00:00 June 30th, 2009|Politics|11 Comments

Financial Loss Syndrome Doesn’t Just Affect the Wealthy

I was reading the June Edition of Trusts and Estates Magazine, my favorite magazine, and found a very interesting article which is aimed at advisors and attorneys for very wealthy individuals; however it applicable to everyone during these turmoil times.  Trusts and Estates Magazine is an industry standard for those in estate planning – each issue costs $35!  Luckily, my firm pays for it.  The article was titled, Financial Loss Syndrome, was written by Lee S. Hausner, Douglas K. Freeman & Victoria Collin (link is unavailable because it is a subscription based website). (Photo Credit: Kevindooley) Doesn’t Matter How Rich you are [...]

By | 2013-09-26T15:01:52+00:00 June 26th, 2009|Investments|1 Comment

Save on Legal Costs – Hints and Tips

Bankrate/CNBC just posted an article titled, “7 Ways to Save on Legal Advice” written by G.M. Filisko. I have previously discussed the need for a professional when it comes to estate planning and advanced personal finance moves.  Well, professionals are usually expensive in terms of out of pocket up front costs (vs. money & time saved over the long term).  Mr. Filisko’s article means well, but I think most of the “advice” misses the mark. Save on Legal Costs Mr. Filsko offers 7 ‘tips.’ Don’t Pay for more Lawyer than you Need Offer to carry some of the load Seek a set [...]

By | 2013-09-26T15:01:52+00:00 June 24th, 2009|Random|2 Comments

You Have to Prepare for Retirement – Do Not Depend on the Government

Today I received a very interesting Fidelity Credit Card offer.  This particular rewards card placed my 2% cash back directly into my IRA with Fidelity.  Interesting, right? I thought this was really cool.  Don’t worry I didn’t partake, because, as we discussed, I am in operation eradicate consumer debt.  But it got me thinking: Retirement is a privilege for those that properly prepare…NOT an inalienable right I am sick and tired of hearing people talk about retirement like they deserve it…like they are entitled to it…like even if they do everything wrong they should stop working because they hit age 65 – [...]

By | 2013-09-26T15:01:52+00:00 June 23rd, 2009|Qualified/Retirement|2 Comments

My Journey and The Wife are Expecting A Child

I am pretty sure the title says it all!  The Wife is 5 weeks along, and since we told our parents last night and a few friends today...the next logical thing is to announce it to all you readers. I know the right thing to do is not tell anyone until 3 months, but we figured if anything went wrong we would want the support of friends and family (and random blog readers!) We had an artist rendition of what the Wife and my Kid would look like: P.S. Her blog is NOT anonymous so please do not post anything on her [...]

By | 2013-09-26T15:01:52+00:00 June 19th, 2009|Personal Situation|8 Comments