Posts filed under: Investing

My first question for you today is: do you have an emergency fund? My second question is: if you have an emergency fund, how much money do you make on it each year with your current savings account? My post today tackles these two questions, and I share how I made an easy $300! Do......
This post was created because one of my Facebook followers (who was also my left guard in high school football) asked a question: what is there to know about robo-advisors? This is an excellent question – thank you, Cody! There are really three types of advisors: financial advisors, robo-advisors, and you yourself as your own......
In this post, I examine my own situation to see whether purchasing my house was worth it from a pure numbers standpoint. I read articles that argue both sides, renting and buying a home, and each side has valid arguments. Later in the post, I will review other considerations to determine if you should buy......
In Scott Alan Turner’s book 99 Minute Millionaire, he introduces investing in a simple, easy-to-understand way. Turner keeps the book concise and interesting as he uses many food analogies linked to investing. One of my favorites is where Turner describes how the money spent ordering pizza once a week could be invested and in 25......
Roth IRAS are a powerful investment vehicle. The details of the Roth IRA, including contribution limits, income level restrictions and taxes on distributions are reviewed below. Before jumping into the details, if you max out a Roth IRA and get a 10% return here is how much you can expect in retirement. That is right,......
A 529 is an educational savings plan operated by a state to help families save money for college expenses. Before digging into the pros and cons of a 529, I knew very little about this type of savings plan. My ultimate goal is to provide a reasonable sum of money for my children when they......
What is a health savings account (HSA) and why should you use it? A health savings account is a tax-exempt account to pay or reimburse certain medical expenses. I contribute to a health savings account because my employer only offers a high-deductible-health plan (HDHP), and this plan offers significant advantages to cover medical expenses versus......