Do you have a Spending Cap with Your Spouse?

I was on my way to celebrate my brother’s promotion within the FDNY to lieutenant when The Wife called me to tell that she bought a bed for our son, but not to worry “she saved a ton.”  It took me a minute to calm down and figure out what was happening.  I originally thought that… Continue Reading

What’s the Difference Between Growth and Value Investors?

I was talking to an investment club partner a few months back about different stocks and it occurred to me half way though the conversation that we were attempting to get to the same place (i.e. a profitable investment) but taking two completely different routes.  I forget the particular investment we were talking about but… Continue Reading

Be Fearful of Financial Planners and Investment Advisors Who Promise Consistently High Returns

I came across a great proverb in a recent CNBC article titled, “Investments and the ghost of Bernie Madoff” that seems to line up perfectly when I ask the question why an “expert” really needs my money, Farr [an investment advisor], in an email exchange, recounted the tale of a college professor who had his students… Continue Reading

A Confusing But Common Estate and Life Insurance Decision

I participate in a lot of financial and estate plans, and there is a common distribution technique I never understood.  The worst part, is that it almost always unintentional.  I think most people would would agree that a child who has lost both of his or her parents should not receive money outright, and as such, his… Continue Reading

Finally Switching to a Prepaid Cell Phone Plan

I have been with the same cell phone company, Sprint, for almost a decade at this point, but later this month I am finally taking the leap and moving to a different carrier.  For the first time in that decade history with Sprint I have made the 2 years without needing a new phone.  Although… Continue Reading

Should One Calculate Projected Forward 12 Month Dividends?

I saw a post by a blogger named Write2Reality who wrote about calculating/projecting his forward 12 month dividends that got me thinking whether this is useful data for most.  Despite not agreeing with W2R I would recommend checking out his blog; an engaging blogger with great content (a rarity today). Is Calculating a Projected Forward 12… Continue Reading