Archive for September, 2006
« Previous EntriesMerlin Mann of “43 Folders” Wants Your Help
Friday, September 29th, 2006Merlin Mann of 43 Folders is asking for readers’ opinions on which blogs are the “43 Folders” of personal finance. It’s no surprise that Merlin mentioned IWillTeachYoutobeRich and GetRichSlowly, which have gotten TONS of attention lately.
Anyway, it’s nice to see a blog as popular as 43 Folders giving personal finance blogs some attention.
Emails Like This Make Me Laugh
Friday, September 29th, 2006I have received quite a few emails recently that say basically the same thing that this email says:
Dear Webmaster,
My name is Deepamol, and I run the web site CashnetUSA:
http://www.cashnetusa.biz/
I recently found your site http://allthingsfinancialblog.com and am very interested in exchanging links. I’ve gone ahead and posted a link to your site, on […]
Roth Conversion Strategy For Those With Higher Incomes
Thursday, September 28th, 2006As of right now, those who file jointly, with Modified Adjusted Gross Incomes of over $160,000 ($110,000 for single filers) cannot contribute to a Roth IRA. They may still contribute to a non-deductible traditional IRA. However, the problem with this is that there’s no tax benefit upfront and the withdrawals will be taxed […]
Listen to Vanguard’s “Plain Talk On Investing” Podcast
Thursday, September 28th, 2006As I write this, I’m listening to the Vanguard “Plain Talk On Investing” podcast. This particular podcast is targeted at younger people, which I think is great. You can listen to the podcast online or you can download it to your iPod.
Good stuff.
Don’t Let Your Behavior Ruin Your Investment Plan
Thursday, September 28th, 2006Check out yesterday’s Getting Going column, which talks about behavioral finance and it’s impact on investors’ decisions. The article is good but what I really like is the box inside the article that highlights four destructive behaviors:
Recency - Thinking what happened last year will happen again THIS year. Remember that things tend to […]
Beware the Huckster in Adviser’s Clothing
Thursday, September 28th, 2006Here’s a warning from Tom Lauricella of the Wall Street Journal to Beware the Huckster in Adviser’s Clothing. Some advisors have figured out that professional designations give them instant creditability. In their opinion the actual designation doesn’t really matter as long as they have something behind their name. For many advisors, this […]
Vanguard’s Jack Brennan With Advice for Graduates
Wednesday, September 27th, 2006I just read some pretty good advice from John Brennan, Chairman of Vanguard. He recently posted some advice for college graduates. No, there’s nothing “new” here. It is ALL COMMON SENSE. But, that doesn’t mean that people will actually heed the advice. It’s one thing to read it and quite […]
Getting Generation Y to Save for Retirement
Wednesday, September 27th, 2006There was a very interesting article (Pitching 401(k)s to Generation Y is a Tough Sell) in today’s Wall Street Journal about how 401(k) firms are having a hard time getting Generation Y to save for retirement. In my opinion, here’s why retirement planning is such a tough sell to Generation Y:
They Have Too Much […]
A Late Weekly Roundup
Wednesday, September 27th, 2006Jim reminds us to Always Follow Up.
Flexo reviews The Money Coach’s Guide to Your First Million.
Nickel shows us how to Save on Medical Care.
FMF on The Pros and Cons of Exchange-Traded Funds.
MBH surprises me with the fact that He Likes Getting a Tax Refund.
Ricemutt reminds us to Develop a Healthy Emotional Relationship With Money.
J.D. blogs […]
OPEC’s Worried About the Price of Oil
Tuesday, September 26th, 2006We knew this was going to happen.
The members of OPEC have gotten used to $70 oil. Now that prices have fallen, OPEC wants to cut oil production in hopes of keeping the price propped up. This statement from the article doesn’t make sense to me:
OPEC President Edmund Daukoru told Reuters on […]