Life of an Investor Archives: Invest:Stocks
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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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26 June 2009
Drive Free. Retire Rich.
Dave Ramsey posted an interesting presentation on how to quickly save up enough money so that you will never have to pay for a car again. Well, I guess you will have to pay for a car, but it won’t be coming out of your paycheck, it will be coming from interest from a [...]
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9 May 2009
Everything You Ever Really Needed to Know About Personal Finance On Just One Page
I know that many, many people out there are big Dave Ramsey fans. I have actually never gone through his program, but I have listened to his show a time or two and I also printed a document that listed his seven baby steps, which I am currently following (I have completed steps 1, [...]
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20 March 2009
WeSeed – The stock market for the rest of us
A couple of weeks ago, I heard about a site named WeSeed. Basically this is a site that allows you to play the stock market game with fake money. As they say “Low Risk, Low Return” which is why you will get a return of nothing if you play with their fake money. [...]