Our asset allocation in the past was based strictly on our retirement funds that I can control at a 88/12 stock/bond asset allocation. Then I worked on adding phantom bond allocations to incorporate the net present value of our pension plans and analyzed the impact of including the same for possible social security benefits. The [...]
The Overzealous Stock Market Operator
Posted byThis is a story that a reader Joe, shared with me a few years ago. With the stock market again gaining momentum, it’s a great reminder for everyone about what can happen when you ignore your time horizon and focus only on current market conditions. In your early 20’s, you never know when you will [...]
Best Online Discount Broker Comparison
Posted byEach time I look at a new discount broker, the first thing I do is see how it stacks up against some of the best discount brokers I already use. With the new offer from OptionsHouse, I wanted to see how they stack up. As a benchmark, I always begin my comparison with Scottrade, an [...]
Last week I sat down with my husband Paul after reading Rich Dad, Poor Dad. My mind was racing with ideas, as I am sure yours were if you have read the book, and I decided to delve into these ideas by first looking at the topic of tax lien certificates. Admittedly when I sat [...]
I fared pretty well with my portfolio during the recession. Instead of being fearful and pulling my money out of the market, I took Warren Buffett’s advice and bought more. I bought shares in my IRA when the market was down (vs. dollar averaging throughout the year). I also purchased some US Steel stocks when [...]
