I have two investment vehicles established for retirement, My Roth IRA and my 401K. I don’t play favorites with these two accounts and if it was within my control, I would contribute to them equally (unfortunately the federal government puts a cap on Roth contributions). If you follow my net worth updates at all, you’ll [...]
Roth IRA
Keeping it simple today because we had a crazy night yesterday (we had 20 high school freshmen over for an epic game night). Let’s jump right in to it shall we? I’ve always believed investing should be kept simple. In fact, I probably keep things too simple. Since I am young, I have chosen to [...]
I opened up my first checking/savings account with Washington Mutual when I was 16. I loved WaMu and was not happy when Chase acquired them a couple years ago. I was a die hard WaMu fan, but had absolutely no loyalties to Chase, especially once they tried changing the terms of my checking account requirements. [...]
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 [...]
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 [...]
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 [...]
