Archive for October, 2010
« Previous Entries Next Entries »Ten for Tuesday, October 19, 2010
Tuesday, October 19th, 2010We’re cruising through October. I celebrated my 41st birthday last Friday. FORTY-ONE! Crazy if you ask me. My wife bought me the new Kindle along with a really cool cover with a built-in light. Very nice. I’m nearly through reading my first book on it and so far I really like it. Enough about me. [...]
A Money Conversation with My 6-Year Old Daughter
Monday, October 18th, 2010This morning while my 6-year old daughter was eating breakfast, I started asking her some questions about money just to see what she would say. Me: What is money? K: Gold and stuff. Me: What do you do with money? K: Buy stuff. Me: Where do we get money? K: At the bank. Me: Where [...]
Announcing the Winner of the Amazon Kindle and “7Twelve” Giveaways
Friday, October 15th, 2010Drum roll please… The randomly-selected winner of the Amazon Kindle Giveaway was commenter #114, “Jaynee.” Congrats to Jaynee. Also… The winner of a copy of “7Twelve” was commenter #19, Jon. Congrats to Jon. Fear not. There are more giveaways to come.
The Best and Worst 30-Year Periods for Dollar-Cost Averaging Into the S&P 500 Index
Friday, October 15th, 2010I have to tell you a couple of things before you look at the graphic. First, the numbers DO NOT include inflation. Second, the numbers are based on the index and therefore DO NOT have fees and expenses deducted from the results. In other words, actual performance wouldn’t have been as good as the results [...]
Kindle Giveaway Update
Thursday, October 14th, 2010I’ll be announcing the winner of the Kindle Giveaway AND the “7Twelve” Book Giveaway tomorrow morningam. There’s still time to put your name in the hat if you haven’t already done so.
One AFM Reader on My Equity-Indexed Annuity Post: You Just Don’t Understand
Wednesday, October 13th, 2010This comment was left this morning on my last equity-indexed annuity post: You just don’t understand. The insurance company doesn’t invest in the index—they buy options—they don’t rake in the difference. And there is no 2% management fee. Look at any insurance company’s investment portfolio; it will be comprised mostly of investment grade bonds–little if [...]
AFM’s Blogoversary Giveaway: An Amazon Kindle!
Wednesday, October 13th, 2010To mark my sixth year as a blogger, I have decided to give away an Amazon Kindle (Wi-Fi) to one lucky AFM reader. If you’ve never used a Kindle (and you happen to win this one), you’re in for a treat. I bought my wife the 2nd generation Kindle last year. I have read a [...]
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