Yearly Archives: 2009

How to Easily Evaluate your Asset Allocation with Morningstar Instant X-Ray Tool

How to Easily Evaluate your Asset Allocation with Morningstar Instant X-Ray Tool

Despite my licenses, I am not an not an investment expert, and I don’t begin to pretend to be one.  That being said everyone should know their asset allocation, and have an elementary understanding of asset allocation.  I repeat, everyone should have an idea as to what they are invested in, whether they have an… Continue Reading

Setting up a Roth IRA – 4 Easy Steps (part 1)

Setting up a Roth IRA – 4 Easy Steps (part 1)

I haven’t really talked about my investments yet because I am focused on debt reduction right now…that will hopefully change soon.  Notwithstanding my situation, my younger brother had asked me to set up his “retirement account(s).”  He would go crazy if he knew I was writing what I did for him online, but lucky for me… Continue Reading

Sometimes Saving Hurts! Declining Interest Rates Shouldn’t Lead to Rate Chasing

Sometimes Saving Hurts! Declining Interest Rates Shouldn’t Lead to Rate Chasing

I always thought one of the smartest things the Wife and I did when we got our wedding presents (read: cash) was to separate those gifts which we had to pay back (read: have the donor’s upcoming wedding), I even wrote a post it titled, “The Simplest Personal Finance Advice for Newlyweds.” In addtion to… Continue Reading

The More You Know About Investing, The Less You Know About Investing

The More You Know About Investing, The Less You Know About Investing

A professional baseball player knows more about baseball strategy than does a little leaguer.  A nutritionist is more likely to be able to figure out why you have been feeling run-down lately than is your next-door neighbor.   The buyer in a woman’s fashion store is better informed about what colors are trendy today than you… Continue Reading

2008 Taxes Update – Taxes are E-Filed; What I am doing with the Refund?

2008 Taxes Update – Taxes are E-Filed; What I am doing with the Refund?

I previously discussed the items one should bring to a tax appointment so I figured I should give my readers an update as to what happened. Our Meeting with our “New” Accountant The wife and I met with an accountant which came highly recommended by a co-worker.  The meeting went well, and he was shocked… Continue Reading