While reading a recent issue of Money, I came across a T. Rowe Price ad that said the following: Give your old 401(k) the attention it needs. If you have an old 401(k), it’s not enough to just leave it alone and wait for it to grow. It takes constant management over the years. Yeah, [...]
Earlier this month, I took a look at how volatility affects your return when dollar-cost-averaging into an investment. (In short, it increases it.) While in St. Louis for the holidays, I had a conversation with a family member that made me think that it might be prudent to explain the other side of the equation: [...]
Over the last several weeks I’ve been mulling over exactly how low the market would have to go before I became uncomfortable buying stocks. The more I thought about it, the more sure I became that there’s no point at which I’d stop buying stocks. If the market dropped to 1/4 its current price (yeah, [...]
I’ve had a couple people recently tell me that they know they want to invest via an index fund, but they don’t know how to choose which one to invest in. Really, there’s two separate questions to answer: Which index do you want your fund to track? Which of the funds that track that index [...]
Another week, another set of great posts by other financial bloggers. Current News Monevator discusses some of the twilight-zone-type-things going on in financial markets right now. Blueprint for Financial Success discusses the best charity credit cards. If you ever make Kiva loans (or have considered making them), be sure to take a look. Personal Finance [...]
I was getting caught up on my feed reader yesterday. Lots of people discussing the Madoff scandal. One such post was this wonderful one by Aswath Damodaran (a Finance Professor at NYU). Here’s what I really liked: There are two questions that we can ask about these investors [professional money managers]: a. How much money [...]