Archive for Retirement
401(k) Plan Blackout Period
Posted by: | CommentsWith the meltdown of the banking industry just the latest in a long line of shenanigans that Main Street remembers happening thanks to Wall Street, it is no wonder that ordinary people are nervous about their finances. In particular, many people are worried about their 401(k) and how they will ever be able to retire if things keep happening to their hard earned savings and investments. That is why... Read more→
Using a Roth IRA As Your Emergency Fund
Posted by: | CommentsWith the economy in bad shape, and the number of layoffs rising, people are starting to ask difficult questions. Will Barack Obama’s upcoming presidency change anything? Can I still retire? What should I do with my investments? And, perhaps even more difficult, what do I do if I have to cash in some of my IRAs? Roth IRA Emergency Fund In years past, some financial journalists... Read more→
Psychology of Money – Paying off Your House
Posted by: | CommentsBy any measure, the math says that paying off your home is not a smart move financially. Then why is it that so many people see paying off their home as a great goal? There are three reasons really. One is out of date thinking, the other is a financial myopia, the last one is No Discipline Syndrome. Out of Date Out of date thinking, or as I like to call it “Old Timey Wisdom” (like in Oh... Read more→
Financial Planners and Financial Advisors an Introduction
Posted by: | CommentsListen to the book authors, newspaper and magazine columnists and many web sites, and you will hear that [tag]financial advisors[/tag] or [tag]financial planners[/tag] are nothing more than glorified snake oil salesmen out to separate you from your hard earned money. To listen to some in the finance industry and their champions, financial advisors and financial planners are bastions of righteousness... Read more→
