Monthly Archives: January 2014


Why President Obama’s My RA Won’t Change a Thing About Retirement

In President Obama's 2014 State of the Union Speech he mentioned the myRA, Let’s do more to help Americans save for retirement. Today, most workers don’t have a pension. A Social Security check often isn’t enough on its own. And while the stock market has doubled over the last five years, that doesn’t help folks who don’t have 401ks. That’s why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: MyRA. It’s a new savings bond that encourages folks to build a nest egg. MyRA guarantees a decent return with no [...]

By |2014-05-27T23:49:34-04:00January 29th, 2014|Investments|9 Comments

Actual Proof You Need to Stop Buying Material Shit

I was dumbfounded by a recent CNBC Chart of the Day titled "From $400K Macs to $23k iPods."  The article provides how much an investment in Apple would be worth if you had bought the stock at the time for the price of that new gadget: Of course you could always argue what if you bought stock in one of the hundreds of car companies that no longer exist when that technology first appeared, and that hindsight is 20-20 but the graph should still affect you in some way. For me, I don't get enough utility or enjoyment to allocate dollars to [...]

By |2014-05-27T23:53:13-04:00January 27th, 2014|Random|12 Comments

Protecting Investment Profits with Advanced Sell Orders

Given the nature of my favorite investment account I never felt the need to put in an order to lock in gains.  If there was a dip I would see it as an opportunity to buy more and more of a stock that has increased dividends for the past 25 years.  However, it is an entirely different story with the investment club.  While I recently announced the club had an investment return of over 30% for 2013 we have a lot more of unrealized gains.  During our meeting we discussed our collective desire to lock in some of those gains should the [...]

By |2014-02-18T17:19:03-04:00January 23rd, 2014|Investments|2 Comments

Investment Club Update – 2013 Returns

Early in 2013 I, along with 8 other buddies, created an Investment Club.  The idea was simple we would each put $500 to start it up and then an ongoing $100/month contribution.  As with most things life it isn't the idea that is difficult, it is the execution.  One month in, I had very little hope for the survival of the investment club.  Shockingly, the investment club itself turned around and by 7 months in we really hit our stride. How the Investment Club Did in 2013 Mainly because I knew no one else would do it I took it upon myself [...]

By |2014-01-21T10:37:01-04:00January 21st, 2014|Investments|8 Comments

Some things to Consider Before Looking for your First Home

Buying your first home can be an exciting, but often stressful time in your life. There are a number of factors to consider when making the decision to continue renting or to buy.  Your income can be largely consumed by your rent or mortgage so it is important to to make the decision that is best for your pocket book. Before making any decisions, consider a few important factors that are said to be key points in any decision that you should make about where you chose to ultimately live. 1. Low Credit Score Your credit score speaks volumes about whether or not you [...]

By |2015-02-20T09:09:57-04:00January 18th, 2014|Personal Finance|4 Comments