Category Archives: Investing

Books For Every Level of Financial Acumen

I’m a huge fan of reading. I believe that reading, both fiction and non-fiction, is a great way to learn new things and be exposed to more than you typically see in your daily life. If you want to learn … Continue reading

Posted in Investing, Personal Finance, Saving Money | Tagged , , , , , , , | 10 Comments

What if Money Really Grew on Trees?

It’s an old saying: “Money doesn’t grow on trees.” But what if it did? What would that look like? Would everybody be rich and well taken care of due to readily available money? Or would we still end up with … Continue reading

Posted in Budgeting, Debt, Frugal, Investing, Personal Finance, Saving Money | 4 Comments

What Spaghetti Can Teach Us About the Housing Market and Economy

By David John Marotta For the past seven years US markets have experienced the ripple effects of the tech sector’s correction in 2000. The latest waves have been in the slow decline of the housing market and, now, in the … Continue reading

Posted in Housing, Investing, Personal Finance | 2 Comments

Investment Policy Statement – Financial Dreams Need a Good Blueprint

By David John Marotta and Beth Anderson Nedelisky Would you be willing to give a contractor a blank check and no time limit to build your dream home? Beware of doing the same thing with your finances. Without a financial … Continue reading

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How to Blend Index Funds

By David John Marotta I don’t favor stock-picking as the best way to meet your financial goals. But even if you favor index funds, as I do, that doesn’t mean you have to use them exclusively. You have probably heard … Continue reading

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Is Putting a 20% Down Payment on a House Realistic?

I understand the argument behind the advice of putting at least a 20% down payment on a house purchase. No one wants to pay private mortgage insurance and the idea of getting two different loans to avoid it isn’t that … Continue reading

Posted in Budgeting, Debt, Housing, Investing, Personal Finance, Retirement, Saving Money, Taxes | 31 Comments

What the Rich Know and the Poor Don’t

By David John Marotta Financial planning is important, but it is never urgent. Most people fail to establish a financial plan because they fail to start planning. Some resolutions can be postponed, but for every six years that you delay … Continue reading

Posted in Budgeting, Investing, Personal Finance | 4 Comments

How to Buy a Car without Breaking the Bank

By David John Marotta and Justin Harris Purchasing a car is the second biggest spending decision we face as consumers next to buying a home. Unlike real estate or an investment portfolio which appreciates, cars are rapidly depreciating assets. In … Continue reading

Posted in Cars, Debt, Insurance, Investing, Personal Finance, Saving Money | 1 Comment

Student Loans: How to Pay Them Off and Build Wealth

By David John Marotta and Beth Anderson Nedelisky The average college student graduates with almost $20,000 in student loans. While this is a daunting sum, it is still possible to build wealth even while paying off student debt. But earning … Continue reading

Posted in Budgeting, Debt, Education, Investing, Personal Finance, Taxes | 37 Comments

Visualize Credit Card Use: That $8.50 Lunch Costs You $850 at Age 63 and $8,500 by Age 85

By David John Marotta If your credit card minimum payment was $10 and you repaid it every month for 15 1/2 years with an accruing interest of 15.9%, a $1,000 purchase would end up costing $2,250. Every time you use … Continue reading

Posted in Credit Cards, Debt, Education, Investing, Personal Finance, Retirement, Shopping | 5 Comments

Employee Retirement Options

By David John Marotta Putting all of your retirement eggs in one basket is easy to carry, but risky. Most workers are putting all their retirement assets in the basket of their employer’s retirement plan. They are depending on one … Continue reading

Posted in Investing, Personal Finance, Retirement, Taxes, Work | Leave a comment

Alternatives to Investing in Socially Responsible Funds

In Investing in Socially Responsible Mutual Funds, I explained that most socially responsible funds provide subpar returns compared to traditional funds. I also talked about how you may not agree with many of these funds’ definition of socially responsible. If … Continue reading

Posted in Investing, Personal Finance | 9 Comments

Investing in Socially Responsible Mutual Funds

You may not be able to sleep at night knowing that you own a tiny piece of Halliburton, nor will you be able to sleep at night in 25 years if you can’t afford to send your kids to college. … Continue reading

Posted in Investing, Personal Finance | 7 Comments

The Risks of Saving Money

I’m amazed at how often I hear people say they are afraid to invest in the stock market because they believe it is too high-risk. Often, the same people are already taking financial risks – albeit smaller ones – in … Continue reading

Posted in Investing, Saving Money | 4 Comments

What is a Money Market Fund?

In my recent article about how to start an IRA with $1 in 15 minutes, I said that you would be putting your money into a money market fund. I thought I should explain in more detail what this is … Continue reading

Posted in Investing | 3 Comments

Not All 401(k) Plans Are The Same – Five Issues Everyone Should Know

I personally deal mostly with taxes in my professional capacity of an accountant. However, I have also come across a lot of the ins-and-outs when it comes to 401(k) plans as I used to audit 401(k) plans for large companies, … Continue reading

Posted in Investing, Retirement | 16 Comments

Money Hack: How To Open Up An IRA For $1 In 15 Minutes

NOTE: It appears that while the process described in this article originally worked, Fidelity has closed the loophole and you now need the minimums you described to open the account. Most people have the impression that in order to open … Continue reading

Posted in Investing, Retirement | 13 Comments

Should I Buy A House Or Rent? (Your Advice)

There is rarely a single answer in personal finances that fits for everyone. Due to this, issues that you always assumed were easy to answer may be more difficult that your thought. That is a question I received from a … Continue reading

Posted in Housing, Investing | 7 Comments

Mutual Funds Or Bank? (Your Advice)

When it comes to where to invest your money, a lot of people get overwhelmed with all the options that are available. A lot depends on your individual circumstances and what the money is to be used for in the … Continue reading

Posted in Investing, Retirement | 10 Comments

Why You’re Likely To Be In A Higher Tax Bracket When You Retire

Something has been bugging me about IRAs lately. Most of the time I read an article or discussion about Traditional IRAs, as opposed to ROTH IRAs, I see that it is a pretty common assumption that income tax rates will … Continue reading

Posted in Investing, Retirement, Taxes | Tagged , , , | 9 Comments