Yearly Archives: 2012

October 2012 Dividend Champion Watchlist Update

My Dividend Fund is literally my favorite piece of my financial empire 1650 peasant town.  As such, every few months I like to update the watch list for my Dividend Investment Portfolio (last update was in July of 2012) rather than a set it and forget it for a few years like I do withContinue Reading

Sometimes Ignoring Finances is Best

I haven’t posted in a few weeks because life has gotten serious (that’s the only way I can describe it.)  I have gotten into such a great routine with finances and have become quite disciplined in sticking to our budget that it usually seems second nature to me.  I like this because saying no toContinue Reading

The 401(K) Doesn’t Need to Be Overhauled

The New York Times recently ran a story titled “Should the 401(k) be Reformed or Replaced?” the author, Steven Greenhouse, seem to cover a litany of topics ranging from the 401(k) history to a new government mandated retirement account without actually discussing personal responsibility.  The 401(k) doesn’t need to be reformed, replaced or overhauled peopleContinue Reading

Covered Call Strategy in my Traditional IRA Update

Earlier this year I decided to finally man up and put some money into an idea I have had for a while.  The basic idea is to purchase short term covered calls on near the money stocks that are inexpensive in terms of whole dollars so I can buy multiple contracts (an option contract isContinue Reading

Why Do People Care About the New Health Care Surtax?

You literally can’t open a financial website or check out a financial magazine without hearing about the New Health Care Surtax and I don’t know why  It isn’t that a new tax of this magnitude isn’t important it is that just the majority of the people, call it 95%ish, will never encounter the new taxContinue Reading

October 2012 Net Worth Update as well as a Home Sale and Purchase Update

Every month since the beginning of 2011 I have shared how my net worth has changed in terms of month over month, year to date and since Jan 2011. I share just the change not the whole numbers.  I am well aware of the negatives associated with this method, but it is the only wayContinue Reading