Author Archives: Evan

What is Rebalancing an Investment Account? Actually Rebalancing my 401(k)

It has been almost a year since I rebalanced and Reallocated my 401(k), so it is about time to take a look at the account. What is Rebalancing? According to investopedia rebalancing is, The process of realigning the weightings of one’s portfolio of assets. Rebalancing involves periodically buying or selling assets in your portfolio to… Continue Reading

August 2013 Net Worth Update

Haven’t posted in about a week since I was taking a quick 3 day vacation on Fire Island with The Wife, The Boy and another couple (with their two kids).  Waking up on the beach at the Boss Man’s house is exactly the type of thing that motivates me to stay focused financially.  I know… Continue 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 debt… Continue 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 way… Continue Reading