People often think that 1% is not a lot when it comes to spending, investing, inflation, debt, income and home purchases, but it is through the wonder of compounding interest that 1% becomes a lot comparatively. What Does a 1% Increase in your Investment Return Look Like Each Year? One Percent may not seem like… Continue Reading
Where Did All the NFL Owners Obtain their Wealth?
There was a story a few weeks ago about the value of the Cowboys, and while impressive how much the Dallas Cowboys are/were estimated to be worth ($2,000,0000,000 yup that is 2 Billion Dollars) that is not what interested me more. The article’s author, Mr. Ozanian, also provided the value for what Jerry Jones bought… Continue Reading
October 2012 Dividend Champion Watchlist Update
My Dividend Fund is literally my favorite piece of my financial empire 1650 peasant town. As such, every few months I like to update the watch list for my Dividend Investment Portfolio (last update was in July of 2012) rather than a set it and forget it for a few years like I do with… Continue Reading
Sometimes Ignoring Finances is Best
I haven’t posted in a few weeks because life has gotten serious (that’s the only way I can describe it.) I have gotten into such a great routine with finances and have become quite disciplined in sticking to our budget that it usually seems second nature to me. I like this because saying no to… Continue Reading
The 401(K) Doesn’t Need to Be Overhauled
The New York Times recently ran a story titled “Should the 401(k) be Reformed or Replaced?” the author, Steven Greenhouse, seem to cover a litany of topics ranging from the 401(k) history to a new government mandated retirement account without actually discussing personal responsibility. The 401(k) doesn’t need to be reformed, replaced or overhauled people… Continue Reading
Covered Call Strategy in my Traditional IRA Update
Earlier this year I decided to finally man up and put some money into an idea I have had for a while. The basic idea is to purchase short term covered calls on near the money stocks that are inexpensive in terms of whole dollars so I can buy multiple contracts (an option contract is… Continue Reading
