Yearly Archives: 2011

I am Being Forced to Leave My Favorite Online Discount Brokers

I am Being Forced to Leave My Favorite Online Discount Brokers

I was pretty annoyed when I received notice at work that I had to shut all investment accounts that were not with very specific broker dealers.  The list did not include my largely ignored account with Tradeking nor my favorite account, Sharebuilder which houses my Perpetual Income Machine.  As a reminder for everyone, I work

What is the Difference Between Marginal and Effective Tax Rate?

What is the Difference Between Marginal and Effective Tax Rate?

I am often surprised how many people don’t understand how the United States Income Tax system actually works, but on the surface it is a really simple system.  Like anything else, once we get deeper it becomes a bit LOTS more complicated. However, when someone says, “I don’t want to make more money than $X because

At Death What You Think Someone Else Wants is Irrelevant

At Death What You Think Someone Else Wants is Irrelevant

Absent fraud, duress, undue influence or a few other rare reasons whether you agree with a decedent’s estate plan is Irrelevant.  It is amazing how often I have to explain to someone that just because your pain in the ass relative left all her money to her cats doesn’t mean you should complain about it

Spending vs. Saving

One of the most common questions people face today in the area of personal finances is whether it is better to enjoy your money today, or save for tomorrow.  It often feels like the experts are suggesting that you must choose one or the other and that there is no compromise. However, this is not

June 2011 Net Worth Update

June 2011 Net Worth Update

This past month was a pretty good month for Evan’s household.  I received my tax refund and my side businesses really took off towards the end of the month.  I will fully admit that this month my partner rocked it out – most months we are about even on revenue but in May he killed

How To Choose A Credit Card For Newbies

Choosing a credit card for the first time can be a confusing and bewildering process. What should you look for? How do you make the best credit card choice for you? There are so many credit cards – Visa, MasterCard, American Express, Discover – and the wrong choice can cost you a lot of money.