• roth recharacterization
In this post, I will discuss how converting a pre-tax account at the start of a new year to a Roth IRA provides a “free” look at the market over the course of the year. If the market does NOT perform well, you can institute what is called a Roth Recharacterization so you do not......
  • personal finance tips
The start of a new year… Whether you finished 2016 on a high note or a low note, think of 2017 as a fresh start to tackle some things that you didn’t get around to in 2016. My article today reviews 6 personal finance tips to start off 2017. Many people set resolutions for the......
  • Advice for millennials
I was thinking the other day: what advice for millennials would I give that would be valuable for them to know? What would I tell myself when I was graduating high school knowing what I know now? Let me start by saying I do not regret my past. I believe in learning from the experiences......
  • Goal setting 2017
In my post last week, I wrote my 2016 year-end summary. At the end of the post, I touched on why goal setting is important. I’ve read quite a few articles over the last week from different bloggers regarding goal setting, and most bloggers argue that people only achieve 8-20% of their goals. That was shocking to......
  • 2016 year-end summary
I hope everyone enjoyed their holiday weekend and that 2016 was a good year for you. 2016 was a  great year for my family and me – I have many things to be thankful for. In today’s post, I provide a year-end summary of things I am thankful for and of things that I am......
This post was inspired by a conversation I had with a good friend that is trying to better his life by finding a good paying job with UPS. UPS offers a nice pension plan if you work for the company for 25 years or until you are 55 (with a certain minimum number of years......
Is buying a house a form of investment? In my post this week, I define what the word investment means. Next, I share the details of the return on my investment from my first home. Finally, I address if buying a home is a good investment or a bad investment. Defining the word Investment According......
  • REIT
Are you looking to further diversify your portfolio? Maybe you want to invest in real estate but you don’t have the funds to put a down payment on a house because you are still working on taking control of your finances? In this post, I will examine what a real estate investment trust (REIT) is.......
I hope everyone had a great Thanksgiving holiday! I am writing this post a little late in the week because we were fortunate enough to spend a lot of quality time with our families and friends! I hope you were able to do the same. In my post today, I review some ideas we are......
  • Tax planning
In last week’s post, I discussed tax planning throughout the year to maximize your take-home pay. Ultimately, you want to reduce your taxable income through tax-advantaged investments and ensure you are getting all other available deductions (home mortgage interest, children, etc.) to pay the least amount in taxes. Today, I’m going to throw a wrench......