Saving in regular taxable investment accounts can be a great way to build wealth. Provided you structure your portfolio correctly; taxable accounts can be used to provide tax-efficient investing through capital gains management, give you the ability to use tax gain/loss harvesting to reduce current and future tax liabilities, and diversify your holdings. Before you [...]
Read More» Posted by LongThe Monthly vs. Yearly IRA contribution timing experiment June 2012 update. Yearly Contribution Roth IRA Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss % VTSMX 103.23 33.90 3,280.56 3,499.48 218.92 6.67 VGTSX 93.07 13.53 1,250.00 1,259.31 9.31 0.74 VBMFX 46.20 11.10 507.33 512.83 5.49 1.08 Totals: 5,037.89 5,271.62 233.72 4.64 Account Summary : 06/22/2012 – [...]
Read More» Posted by LongIt’s been over a month since I’ve last updated. I had to sacrifice my part-time writing to get things in order in anticipation of the arrival of my baby girl. This included finishing the nursery, escorting my parents to their medical appointments, attending childbirth classes, and many other family responsibilities. It is my hope, since [...]
Read More» Posted by LongThe Monthly vs. Yearly IRA contribution timing experiment May 2012 update. Yearly Contribution Roth IRA Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss % VTSMX 102.74 32.78 3,264.33 3,367.82 103.49 3.17 VGTSX 93.07 12.77 1,250.00 1,188.57 -61.43 -4.91 VBMFX 46.10 11.12 506.22 512.64 6.42 1.27 Totals: 5,020.55 5,069.03 48.48 0.97 Account Summary : 05/31/2012 – [...]
Read More» Posted by LongWelcome to the best blog articles of the week – Twitter Edition. The following are stories from some of the bloggers that I follow and interact with regularly on Twitter. I learn about a lot of new resources, get tips on how to save money, and share news with these great folks. What’s interesting is [...]
Read More» Posted by LongEducation is is easily one of the top priorities parents have for their children. If you are financially stable and your children have aspirations to achieve a university level degree, you probably still have a lot to worry about. How will I pay for it? That’s a big question. If you remember my quote from [...]
Read More» Posted by Long