For three years now I’ve had a crazy love affair with my Roth IRA. It’s consistently been my favorite investment vehicle for serious wealth building. The long term tax benefit and the wonders of compound interest will surely give all PF lovers a warm fuzzy feeling inside. At least, it use to give me that [...]
retirement
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 15% is my lucky number. Here’s what my retirement contributions looked [...]
So Wife Ninja had a meeting with the San Diego District guy that is in charge of setting up teachers 403b plans. He sat down with her and explained all of the benefits, investing strategies, and insights in regards to the plan. She came home with a page of notes and I could tell she [...]
Oh man. I might be going to personal finance hell for this one, but ya gotta at least hear me out. You’ve all heard of the Roth IRA right? You know, it’s a crazy awesome type of Individual Retirement Account. Well, today I would like to introduce you to a new concept. The Roth IRE. [...]
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 [...]
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 [...]
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 [...]