Setting up a Roth IRA – 4 Easy Steps (part 1)

Setting up a Roth IRA – 4 Easy Steps (part 1)

I haven’t really talked about my investments yet because I am focused on debt reduction right now…that will hopefully change soon.  Notwithstanding my situation, my younger brother had asked me to set up his “retirement account(s).”  He would go crazy if he knew I was writing what I did for him online, but lucky for me

The More You Know About Investing, The Less You Know About Investing

The More You Know About Investing, The Less You Know About Investing

A professional baseball player knows more about baseball strategy than does a little leaguer.  A nutritionist is more likely to be able to figure out why you have been feeling run-down lately than is your next-door neighbor.   The buyer in a woman’s fashion store is better informed about what colors are trendy today than you

Tax Mechanics of Intra-Family Loans

This post was inspired by a post titled, “Lending Money to Family and Friends” on a great blog fivecentnickel.   What are the Tax Mechanics of an Intra-Family Loan? Let me say this first: This is not a post about whether one should make loans between family members or friends, as such you may find it

An Investment Average of 10% won’t Guarantee Success

An Investment Average of 10% won’t Guarantee Success

An Investment Average of 10% won’t Guarantee Success I saw a great advertisement released by my office’s parent company today; I have never released what my office’s parent company is…and I am not about to start now! Notwithstanding my obsession with privacy, I couldn’t get over this info and felt like I should share. Each portfolio has