HapiMoney

Image by rahulsfdc via Flickr I’d like to start a little series on the important financial statements that every public company has to issue. This will cover a brief overview of the annual report (10k) as well as 3 of the most important financial statements that you should look at before deciding to invest in [...]

Image by herzogbr via Flickr Now that tax season is fully upon us (you’ve got about another 8 days if you haven’t already filed), there are always some latent questions. One of the more confusing questions for some people (especially if you are self employed or have significant personal investments) is why you might need [...]

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 [...]

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 [...]

Image via Wikipedia I just came across an interesting site called CreditKarma, thanks to a close friend of mine.  It’s been around for a few years, but I hadn’t yet heard about it. It offers to provide you with a quick, easy and FREE credit score, unlike other sites which cost money each time you use [...]

Image via Wikipedia The Wall Street Journal has a pretty revealing article on changes coming to credit cards. Due to the attempts by the Obama administration to cut down on certain credit card shenanigans, the industry as a whole has responded with, guess what, more shenanigans! Read the fine print the next time you sign [...]

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 [...]

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 [...]

Image by sburke2478 via Flickr Or if you don’t have BoA, dump your Wachovia, Wells Fargo, et. al. accounts where you are saving money at abysmally low rates for below average customer service and ATM fees. It’s insane how much control these guys have of your money. Where should you put it instead? Try your [...]

Once you’ve determined how much cash to keep on hand the next step is to figure out what to do with the rest of your assets.  It seems confusing, especially if you’ve never done it before, but it’s not. These assets should be divided into two categories, fixed income (or assets whose value is derived [...]