The Monthly vs. Annual lump-sum IRA contribution timing experiment April 2013 update. Annual Contribution Roth IRA Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss % VTSMX 201.798 40.06 6,885.54 8,084.05 1,198.51 17.41 VGTSX 185.48 15.92 2,695.46 2,952.91 293.45 11.03 VBMFX 103.12 11.08 1,136.89 1,142.57 5.68 0.50 Totals: 10,681.89 12,179.53 1,497.64 14.02 Account Summary : 04/30/2013 [...]
Read More» Posted by LongWhat is the difference between Financial Freedom and Financial Independence? Most people will tell you that they mean the same thing. They’ll say that it’s just a difference in terminology that can be used interchangeably. I won’t say that those people are wrong, but I have a slight difference in opinion. What Is Financial Freedom? [...]
Read More» Posted by LongBy Catey Hill, courtesy of Zillow The super-low interest rates mortgage companies are now offering make refinancing tempting. Who wouldn’t want a rate just around 3 percent? Refinancing can help build equity in a home faster, shorten the loan term, lower monthly mortgage payments, lessen the amount of interest owed and more. But refinancing isn’t [...]
Read More» Posted by LongLike most people, I grew up with a particular idea of what the “American Dream” should be. All I knew was that if studied hard and worked hard I could become successful and fulfill my dreams. It’s too bad that no one educates you on all the stuff in between and that the dream is [...]
Read More» Posted by LongI’ve been reading a lot of reports in the news that consumers are “feeling” richer, and as a result, they are increasing consumption and spending more. What the hell does that mean? What is it like to feel rich, but not actually be rich? There are supposedly two factors that are making people feel richer. The [...]
Read More» Posted by LongThe Monthly vs. Annual lump-sum IRA contribution timing experiment March 2013 update. Annual Contribution Roth IRA Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss % VTSMX 201.80 39.39 6,885.54 7,948.85 1,063.31 15.44 VGTSX 185.48 15.39 2,659.46 2,854.61 195.15 7.34 VBMFX 102.93 11.00 1,134.79 1,132.23 -2.56 -.23 Totals: 10,679.79 11,935.69 1,255.90 11.76 Account Summary : 03/21/2013 [...]
Read More» Posted by Long