I’ve been working my way through Lee Eisenberg’s The Number. For those of you who may not know, “The Number” is the amount of money you will need to have in order to fund your retirement. The book will be out in about a month. I highly recommend you check it out. I hope that Lee’s publisher does a good job getting the word out on this book because I think it is EXTREMELY important for people to addressing their retirement needs.
Continue reading Inflation and Your Retirement Plan
My friend Ken Leebow recently moved his blog from blogger to another server. He also changed the name of his blog from BloggingAboutBlogs to Revolution 3.0. I know from experience that moving or changing a blog is a lot of work. It also seems to take FOREVER for your traffic to pick back up. Anyway, this is my effort to help him get back up and running to full speed.
Also, Ken is the author of several internet-related books, which would make excellent stocking stuffers.
I think it is kind of funny that with all the different religions and their different beliefs, they all believe in tithing. Religious groups will pick apart pretty much any doctrine or belief but THEY ALL believe in tithing. This brings me to the Question of the Day:
Continue reading Do You Tithe?
This was previously posted on my old blog. I’m in the process of moving the best of my old posts to this blog.
Personally, I think the Roth IRA is a wonderful gift from our government. To put it simply, if a person opened a Roth IRA at age 25 and put in $3,000 per year and received a 10% annual rate of return for 40 years, they could have over $1,400,000 by age 65. And, they could access this money tax free!
Continue reading The Beauty of the Roth IRA
I never updated last week’s Blog of the Week, which was AnUncommonWaytoWealth.
This week’s Blog of the Week is a blog called YoungMiser, which is written by a 25 year old software engineer. Recently he reviewed investment newsletters, which made for interesting reading.
Joel Greenblatt, who wrote the book You Can Be a Stock Market Genius has a new book coming out called The Little Book That Beats the Market. The new book is being heavily promoted and a lot of copies will be sold. This has me thinking that if EVERYONE is reading the same book and applying the same techniques, very few people will actually make money with his ideas. Isn’t that the way it works? A “secret” that everybody knows isn’t worth knowing. Oh well, I’ll still probably check the book out from the library.
I like Thanksgiving in that it is a great time for me to ponder all the things that I should be thankful for but don’t always think about. Here’s my list:
I’m thankful for…
- Jesus Christ and the sacrifice that He made for mankind
- My wife
- My kids
- My extended family and friends
- My church
- My health (although I could and should be taking better care of myself)
- My readers (I am have been truly blessed to meet some of the nicest people through this blog. A lot of them I would even count as friends: Jim, Sam, Dawn, Savvy, Nicole, FMF, AssetAllocator,…(you know who you are))
- This awesome country
- Money to live on
- Food to eat
- Nice house to live in
It’s late and I’m getting tired so I’m going to have to continue this later. I probably won’t be blogging much the rest of this week. I want to wish everyone a Happy Thanksgiving (please don’t call it “Turkey Day”).