Monthly Archives: July 2013

Will I ever Lose my 401k?

Post by SunCorp The 401k can be a great way to save towards your retirement, however, like many savings schemes, it can come with a few hiccups along the way, including the possibility to lose it all. The 401k allows employees to opt to take money out of their wage before tax is slapped onContinue Reading

How Much Money At One Time Would Change Your Life?

As I have gotten older and  more and more financially established I have noticed something about the thought given to financial windfalls.  I need a bigger and bigger number to make a difference in my life.  My guess it is only natural. When I first started this blog I had over $17K in CC Debt,Continue Reading

The Detroit Bankruptcy Should Teach You that Nothing is Guaranteed with your Finances

We are years away from understanding the full impact and consequences of Detroit’s recent decision to file a Chapter 9 Bankruptcy.  There will be lawsuit after lawsuit and motion after motion to determine what and how the Courts will handle the Country’s largest municipal bankruptcy.  The current estimates have us at about $18 Billion debtContinue Reading

Do You Have a Right to Choose Your Child’s Degree or Major?

I tweeted this picture a little over a week ago: The conversation became lively but left me with the question – can a parent who is paying for college choose a degree or major? Can a Parent Choose a Child’s College Degree? I think the answer depends on how involved the parent is on a financial level.Continue Reading

Dividend Investment Portfolio July 2013 Watchlist Update

This (along with every other) update takes a snapshot of certain metrics. Ideally, I would revisit these metrics every single time I went to buy stocks, but my investment schedule is erratic based on unpredictable income and these updates take 90mins+ since everything is done by hand. I would love to figure out a wayContinue Reading

I Am Not Convinced That the American Dream Isn’t a Nightmare

Lets say I offered you an investment that: Is highly illiquid If you do sell there are tremendous surrender charge like fees At any time I can ask you to put more money into it that may or may not raise your principal investment, but if you don’t put that money your principal investment willContinue Reading