The Nasdaq hit an all time high yesterday, ending the day at 5,056. The previous record dated back to March 10th 2000, when the index was at 5,048. As you can guess, the previous record was set shortly before the dotcom crash that sent the Nasdaq down nearly 4,000 points to 1,114 in 2002. The S&P […]

Now that I’ve given our savings account the cold shoulder in hopes of building long-term wealth via our taxable and retirement accounts, basic investment strategies just wont cut it any more. The need to go deeper. In 2007, when I landed my current job with the Feds, I was handed a fat stack of HR paperwork as […]

For Oh Won Kay.

February 19, 2015 · 22 comments

In the blink of an eye, my overtime income that I blogged about two days ago is gone. Rest in peace, hopefully we will meet again. Where did it go? I’m glad you asked. As soon as I learned the opportunity for overtime was available, I immediately began deciding how to purpose this new found income. And […]

Just about every personal finance guru has an opinion on how much you should contribute to retirement. Their suggestions usually falls between 10% and 20% of your gross income. For as long as I’ve been at this personal finance thing (since 2007), I’ve decided to contribute no less than 15%. Here’s what my retirement contributions […]

Got a quarterly statement from the Thrift Savings Plan (the government version of a 401k) yesterday and it tickled my fancy in ways my fancy has never been tickled before. There was a good amount of information on there that seemed totally pointless. Like the section that told me if I was 62 years old […]

Do you have an income? Do you have expenses? If you answered yes to either of those questions, you darn well better have some financial priorities in place. While there are a million different things we could talk about in regards to financial priorities, today I want to focus on just one. Which comes first: […]

To infinity and beyond

January 21, 2014 · 25 comments

Next pay period I will receive a small raise at work, to the tune of $2,500 (a 3% raise). While I’m stoked to be getting any raise at all, let’s be real, it’s not a life changing amount. In fact, I’m only expecting to net $75 more each paycheck because of it. Big Macs on me […]