Reader Mailbag: A Bit of Auden
“You need not see what someone is doing to know if it is his vocation, you have only to watch his eyes: a cook mixing a sauce, a surgeon making a primary incision, a clerk completing a bill of lading, wear the same rapt expression, forgetting themselves in a function. How beautiful it is, that eye-on-the-object look.” - W.H. Auden, Horae Canonicae I’m a 30 yr old professional and have saved up about $40k from living within my means sitting in my savings account (I know, I could put it to better use). I contribute about 10-15% in 401k off… Read the whole article...Categories: Uncategorized Tags: 12 Months, Assets, Dad Poor, Dividends, Index Funds, Investments, Money Work, Northern Virginia, Parable, Reader Mailbag, Rental Property, Rich Dad Poor Dad, Smartmoney
Should You Buy Actively Managed ETFs?
Since exchange-traded funds (ETFs) were launched more than a decade ago, the trend in investing has been towards low-cost investing. People are shunning investments which charge an arm and a leg to do something many people feel they could do more easily and cost-effectively. This is the result of increased competition in the investment world or what I like to call – the democratization of the investment space. The most direct consequence of this is how investments in index mutual funds have changed. Investors in index mutual funds – which invest client money passively to track an index – started… Read the whole article...Categories: Uncategorized Tags: Benchmark, Brainer, Consequence, Etfs, Exchange Traded Funds, Hard Time, Investments, Mutual Funds, Trillion
Transferring Brokerage Assets from E*Trade to TradeKing
When I learned about E*Trade selling their banking business to Discover, I knew my days with them were numbered (I later learned that only bank accounts with no brokerage relationships were moving… but alas the ball was already rolling). Brokers are finding it increasingly difficult to differentiate themselves and when you can get good customer service at a cheaper cost elsewhere, even the pioneers are going to find their businesses suffering. Those who have been reading for a while may remember me mentioning my investments at E*Trade and how I’ve been doing any new investing… Read the whole article...Categories: Uncategorized Tags: Bank Accounts, Discover, E Trade, Good Customer Service, Investing, Investments, Moving, New Accounts, Simple Solution, Tradeking
Lending Club Review – Peer to Peer Lending, a Solid Investment and Borrowing Alternative
Categories: Uncategorized Tags: Best Friend, Borrowers, Fixed Rate, Generations, Investments, Investor, Investors, Loans, Long Time, Maintenance Fees, New Car, Peer To Peer Lending, Personal Loan, Principal And Interest, Solid Investment, Stock Market
Top 10 Financial Blogs To Follow In 2010 By Category
Categories: Uncategorized Tags: Amp, Blogs, Early Retirement, Economy, Financial Sector, Frugality, Individual Companies, Investments, Journey, Mutual Fund, Personal Finance, Readership, Stock Market, Trades
How to Work Less and Make More Money With Multiple Streams of Income
Categories: Uncategorized Tags: Benefit, Finances, Focus, Full Time Job, Income Stream, Investments, Lot, Main Source, Many Different Reasons, Multiple Streams Of Income, Old Adage, Part Time Jobs, Pay Bills, Right Start, Risk, Streams Of Income, Work Money
How to Stop Living Paycheck to Paycheck
Categories: Uncategorized Tags: Chunk, Dividends, Households, Initial Investment, Interest Payments, Investments, Living Paycheck To Paycheck, Passive Income, Paycheck To Paycheck, Population, Reliance, Risk, Second Job, Side Business, Streams Of Income, Temptation
Better Budgeting Software: YNAB or Quicken?
I lately received an e-mail from Reader Donald asking if I could do a immediate comparison in between You Need A Budget (YNAB) and Quicken. Getting lately used both to write a YNAB review and a Quicken 2010 review, I was familiar with both and could effortlessly share my ideas. To add a small colour to the discussion, which I hope you’ll join in on, is that Donald does his taxes utilizing TurboTax and the potentially seamless integration of Quicken and TurboTax “hobbles” him from purchasing YNAB. Also, he has but to get benefit of… Read the whole article...Categories: Money Tags: Amp, Billpay, Budget, Budgeting Software, Cash Flow, Free Email, Investments, Money Budgeting, Money Management, Tabs, Ynab