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

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

Why Do People Care About the New Health Care Surtax?

You literally can’t open a financial website or check out a financial magazine without hearing about the New Health Care Surtax and I don’t know why  It isn’t that a new tax of this magnitude isn’t important it is that just the majority of the people, call it 95%ish, will never encounter the new tax

Dealing With Forgotten Personal Finance Issues

Have you ever had that moment where momentum on all your financial goals halts because you somehow forgot about a planned bump in the road? I’m not talking about the surprises in life, like when a tree falls on your car or the basement floods.  I’m talking when its 3 weeks till Christmas and you