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Should you invest in Gold?

17 May 2010

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Image by dieselbug2007 via Flickr Over the past few years, the stock market has been tanking. All the while, Gold has been going up and up, seemingly without limit. So why not invest a larger portion of your portfolio in gold?  After all, traditional wisdom says that the stock market and gold are negatively correlated [...]

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The Power of Compounding (and saving now)

30 March 2010

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Image by Beatriz AG via Flickr Two Hypotheticals: Planning for a Rainy Day In scenario 1, you invest 5 grand at the end of each year for the next 10 years. After 10 years, you don’t invest a dime until you retire (at the end of year 30). Thus, you’ve invested $50,000 total. In scenario [...]

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Application Launch – Analyze your Finances

23 March 2010

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Image by sbwoodside via Flickr For the last few months, I’ve been hard at work on a comprehensive system for determining what to do with your money. I’ve spoken with financial advisors, friends and family, working to establish the easiest and most effective way to give you a personalized financial report. And now, it’s ready [...]

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Sell your company stock

18 February 2010

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Most of us who work for large corporations get granted stock options as part of the compensation package. As a result, many also hold onto stakes which make up huge portions of their net worth.  Make no mistake, Stock is a great incentive mechanism, especially for smaller companies where each individual has more effect on [...]

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What’s the difference between a 401k and a Roth IRA

15 February 2010

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Image by urban_data via Flickr The only difference between these two retirement vehicles is when you get taxed. A 401k allows you to contribute money pre-tax to an account (say when you are 30 years old), and the only time you get taxed is when you retire (say at 62 years old). All capital gains [...]

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NY Times on Annuities

4 February 2010

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Image via Wikipedia The NY Times has an interesting article on lifetime annuities here. Basically, a retirement annuity is when you give an insurance company an upfront lump sum of cash, and they provide you with smaller guaranteed payouts for life. My favorite part of the article is how commission based financial advisors can no [...]

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How much do you need to retire

21 January 2010

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Image via Wikipedia There are a lot of different ways to do this, and a variety of different results will come because of it. Personally, I choose to stick to more conservative methodologies, but you can be as aggressive as you like. Here’s how I calculate the amount you need to retire: 1. Figure out [...]

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