Life of an Investor Archives: January 2010
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26 January 2010
Extended Warranty Secrets Revealed
Just over 5 years ago, we purchased a brand new Hyundai Santa Fe. we loved the fact that it came with a 5-year bumper-to-bumper warranty and a 10-year powertrain warranty. They also offered us oil changes for life, which was a nice perk. The last nail in the coffin was the 0% financing available at [...]
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21 January 2010
Bush vs. Obama on spending
Would you call this “A New Era of Responsibility”?
I wouldn’t exactly call George W. Bush a penny pincher, but Barack H. Obama is making him look absolutely like a Scrooge McDuck. During 2009, I found it very difficult to keep track of all of the spending taking place in the U.S. government. It seemed like [...]
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14 January 2010
Is 10% Enough For Retirement?
For many years, you have likely heard financial advisers instructing you to save at least 10% of your income in a retirement account. I know that I was told that and given the impression that I’d be just fine if I could do this from a young age. I was told that thanks to the [...]
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6 January 2010
Why are my 401(k) Unit Values Different?
Have you ever closely looked at your 401(k) statement and compared the values of the funds to the quotes available online for those funds? I did recently and got a bit of a surprise.
My company provides a 401(k) option through John Hancock, which I have participated in for the last couple of years. I would [...]
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4 January 2010
Anyone Think God’s Trying to Make a Statement Here?
I just looked at some of the amazing pictures of the snow storms that are taking place around the world and find it mildly amusing. I know that in my hometown, we are having what seems to be an unprecedented string of cold and snowy days; at least it hasn’t happened in many years. I’m [...]