Some of my favorites (as well as two guest posts) from this week: Personal Finance Articles Roth Conversion Timing with After-Tax Contributions from Financial Ducks in a Row When Should You Start Investing? from Five Cent Nickel (post written by Matt from Debt Free Adventure) Mortgage Protection or Term Life Insurance? from Good Financial Cents [...]
I usually recommend that investors avoid commission-paid financial advisors. The conflict of interests created by commissions is too great to overlook. Of course, that still leaves several options: Advisors who charge a fee equal to a percentage of your portfolio, Advisors who charge hourly fees, Advisors who charge a flat annual (or quarterly) fee, Advisors [...]
People keep asking me for my thoughts on Lending Club. I finally capitulated last week and read the prospectus and accompanying supplements/disclosures. My thoughts are as follows: High-risk, high-yield lending isn’t new. Investors have had access to such investments for the last few decades. They’re called junk bonds. In fact, it may be illuminating to [...]
A collection of my favorites from this week as well as a few guest posts. I hope you enjoy them. Investing Articles Unforeseen Consequences of Roth IRA Conversions from Good Financial Cents (post by Joe Taxpayer) Figuring Out Your Retirement Contributions for 2010 from Five Cent Nickel (post by Laura from Green Panda Treehouse) The [...]
I recently finished reading David Swenson’s Unconventional Success: A Fundamental Approach to Personal Investment. (For those unfamiliar with Swenson: he’s Yale University’s Chief Investment Officer.) The book is broken down into three sections: Asset Allocation Market Timing Security Selection Asset Allocation The first section is a thorough run-down of each asset class, discussing various characteristics [...]
A reader recently asked me how to choose between ETFs when creating a low-cost ETF portfolio. The first step, of course, is to choose the asset allocation that you want. But what then? For example, any of the following ETFs could satisfy the large-cap U.S. equity portion of your portfolio: Vanguard Large Cap ETF (VV) [...]