Put Your Finances on Auto Pilot
I was at a conference recently, and learned a great tip to automate many of my email communications. After I implemented this tip, I started thinking about all the ways you can automate your finances to help achieve your financial goals. So… this week’s tip is a list of ways to put your finances on […]
The Importance of Low Costs
In SmartMoney’s Save 50% on Everything article, Anne Kadet says "Fussing over investment fees is a bore, but if you want to get rich, it’s a must." I agree. Keeping investment costs at a minimum is one of the most important things you can do to have a successful portfolio. Investment costs (for mutual funds) […]
401K Options
Whether you’re switching jobs or retiring completely, chances are you have a 401K or other company sponsored retirement plan that you’ll need to make a decision about. There are several options on how to handle your 401(k) money when you leave a job: Take the Money and run Leave the money in the 401(k) plan […]
Backdoor into Roth
You may have heard that the new tax law eliminates the $100,000 income limit for Roth conversions beginning in 2010. If you haven’t been able to contribute to a Roth IRA because your income is too high, you now have a back door into the Roth IRA. You should start planning now to take full […]
Buried in Credit Card Offers?
Tired of receiving 5 credit card offers for every 1 piece of "real" mail? Now you can opt of pre-approved credit card offers. The Fair Credit Reporting Act requires credit reporting agencies to maintain an opt-out list of consumers who no longer want to receive pre-approved credit card offers. You can opt out by going […]
Dieting and Investing
I’m always telling clients to look at the "big picture" and to avoid looking at their stocks/mutual funds each day. It’s more important that your Net Worth increase each year and that you get closer to your financial goals. But, inevitably, they continue to check the performance of their individual investments each day. Kim at […]