Sometimes, you need liquid cash, but not sure where to “find” it, and don’t worry I haven’t lost my mind I would never recommend ridiculous 20%+ cash advances or the usually evil payday loans. The following ways should only be used when you need a good amount of cash, I would say the starting point would be…
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Last week I reviewed Morningstar’s Free X-Ray Tool using my own 401(k). I believe that most people should leave their retirement accounts alone, both in terms of invading it and asset allocation within the account. I personally take a very balanced, hands off approach to my 401(k), choosing to look at my 401(k), as I…
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All the way back in September of 2008 I wrote a post titled, “Leave your Retirement Accounts Alone.” The Post was even mentioned in the Carnival of Personal Finance and I think either WSJ or MSN. Well it looks like no one listened (it may be because back then I had about 4 constant readers). …
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I get really annoyed when people quote any talking heads without taking into account one’s personal situation. I am not sure why, but I can’t stand blind faith in anyone except maybe your version of a Creator. A LOT of personal finance bloggers, Talk Show Hosts, and house wives all over the country take the…
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As the baby boomers get older, and we continue to hear the oft repeated saying, We are about to experience the greatest transfer of wealth in history One of my planners recently asked my opinion about a situation – his client, a concerned parent, is about to retire and has approximately $2,500,000 in qualified money…
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I often check the online personal finance section of the Wall Street Journal (found here); many times I find interesting articles which range from the topics credit card debt all the way to macroeconomic theories, but in all honesty, today’s top headline frightened me! The title of the article is, “Investors Pull Money Out of Their 401(k)s”…
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