After I wrote how to start an investment club, readers wanted to know more about our investment club portfolio and returns. With the permission from the club members, here is what our portfolio and returns look like at Scottrade, in addition to more information about how the club works.
Photography by: bookish in north park We’re considering refinancing our house. It’s been two years since we refinanced our construction loan into our existing mortgage and rates are lower now than the interest rate we got two years ago. If you are considering refinancing, here are some situations where it might make sense to refinance.
Welcome readers from MSN! Today I wrote a guest post for MSN on Investment Snowflaking explaining how it works, the benefits and some examples. It’s a spin-off of a popular strategy know as debt snowflaking. Each time you receive extra money — a sale on eBay, a bonus check, or repayment from a friend who […]
DebtKid recently shared his dumbest purchase ever: a Nintendo DS Lite. In fact, it was such a terrible purchase that he’s going to give it away today! He’s encouraging others to share their story. Here’s ours… Our dumbest purchase ever: a sauna! It’s a tradition in our family that everyone has a sauna at their […]
Yesterday kicked off March Madness and one big gambling opportunity. How many of you participate in an NCAA pool? By the looks of estimates on office pools from Vault.com a lot of you do: 48 percent of workers participate in the NCAA men’s basketball tournament In Deal or No Deal: Gambling With Math! I explained […]
In the News The IRS spent $42 Million Just to Mail Out Tax Rebate Reminder Letter. $42 million to announce something most of us already know from watching the news? There’s also new money on the horizon. Check out the New Five Dollar Bill or the New 100 Dollar Bill. Identity Theft A reader, Cindy, […]
How to start an investment club from start to finish. We had our monthly investment club meeting this week. We formed the club about five years ago and have come a long way. If you are interested in starting a club of your own, here’s some of the information from the handout at our first […]
Financial success has little to do with money, stocks, bonds, asset allocation and retirement plans. Sure those matter, but let’s not confuse financial tools with the fundamentals. The foundation is based on preparation, planning and the relationship that money has with other aspects of your life. Photography: sweet_chicago1 Five Financial Fundamentals Set financial goals. What […]
Photography: ozzzie When we recently found out the insurance premium for my husband’s motorcycle was increasing by almost 400% we took action. He got quotes from four different insurance companies and also did some digging in forums he reads to see which companies typically had competitive motorcycle rates.
I watched Oprah’s new show, The Big Give, and I am very inspired by the giving and the stories of the families receiving the money. It made me evaluate how we handle our charitable giving. Finding Good Charities To be perfectly honest, I get nervous about donating to charities that I’m not involved with directly. […]
