Roth IRA

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 […]

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 […]

I recently mentioned I have not yet contributed to my Roth IRA this year. If you haven’t been living under a rock, I’m sure you’ve noticed the markets are down a couple hundred points as the Republicans and Democrats are being a bunch of drama queens. I would never advocate trying to time the market […]

Financial laziness.

September 22, 2013 · 17 comments

I’ve been a big sack of laziness lately when it comes to keeping up with my retirement planning. Apparently the calendar has decided to say it is September (when did that happen?) which means I could have contributed to my Roth IRA as early as nine months ago for the 2013 tax year. Had I […]

It’s a good thing I have a cousin-in-law that works for a Wells Fargo retail branch. He always fills me in on things I need to know about the companies personal banking products (Girl Ninja and I are WF clients). Normally I’d be all about a local credit union or community bank, but Wells Fargo […]

Eating my words

March 19, 2013 · 14 comments

Remember the controversial post I wrote a month or two ago titled “Screw my Roth IRA” where I blew the whistle on why Roths suck? Many of you wanted to burn me at the stake; accusing me of financial blasphemy. The comments section of that post got a little heated, but with the help of […]