Start doing it. Seriously dude. You aren’t getting any younger. I don’t need to bore you with the specifics of compound interest as I’ve done that many times before. Instead I need to give you a Personal Finance Pimp Slap across the face and beat some darn sense in to you. You have to start [...]
Archive of posts filed under the Investing category.
I’m too cool to dollar cost average…
If you’re new to the personal finance game, you might not even know what ‘dollar cost averaging’ (DCA) means, so let me explain it real quick. All it basically means is strategically investing a predetermined amount of money on a specified time interval. Many people utilize the DCA method for their Roth IRAs. Here’s a [...]
Different Strokes for Different Folks
Yesterday’s Net Worth update is the source of inspiration for today’s blog post. Not because of anything I did, but because of the comments you all left. They were made in regards to investment strategies, particularly heavily investing in the stock market. One commenter was all for it, the other wasn’t the biggest fan. I [...]
Interest is interesting
The interesting thing about interest, is that it acts as our frenemy (friend/enemy). It’s often a major player in wealth building, but also one of the driving forces behind the ‘paycheck-to-paycheck’ lifestyle. It can work for or against you. The choice is yours. To kick things off, I thought I’d start with a chart I’m [...]
Want results, take risks
Am I the only person that doesn’t understand why some people choose to live a life of fear? Few good things come without risk. I think the world would be a better place if anyone learned to step out of their comfort zone and take some risks every now and again. Here are a few [...]
Procrastinators unite….tomorrow
One of my favorite things about authoring this blog is getting to read the various emails people send me from time to time. Yesterday, I received a simple, one question email… I am fairly new to being financially savy and PF blogs. I just wanted to get your opinion. At what age/income should you open [...]
Another blog post about Roth IRAs
Muwahahaevillaughhahaha. For those of you that come here for my lame sense of humor, and not so much for the finances, prepare to be a little disappointed. I’m actually going to blog about money (well kind of) so bear with me. Do you know what a Roth IRA is? If you love finances, then you [...]
My 401K is gonna be pissed!
I made a pretty impulsive move yesterday. I decided to reduce my 401K contributions from 8% of my gross salary to 5%. *Gasp* Yes, that does mean I am going to have less in my retirement accounts, but don’t worry, I have a ninja-riffic plan in the works. If you read my post on Monday, [...]
I’m gonna do it.
After a great deal of thought and a little bit of fear and insecurity, I decided I’m going to do it. I am going to intentionally not complete one of my 2009 goals. It’s actually much more serious than a one-year-goal. This was a lifetime goal. My first year out of college (2007) I committed [...]
I refuse to let my house be an investment
So I’m a little weird and have a slight obsession with HGTV. I’m not particularly fond of the decorating shows, but when it comes to shows on the home buying process I’m pretty much an addict. I was watching “My house is worth what?” last night when I had an epiphany: I don’t want my [...]
