Let’s Play the Markets!

Frequently, folks want to invest or learn how to invest but have no idea how to get started.  Some brave souls will venture out and plunk their cold, hard cash into stocks that were recommended to them by a friend and hope for the best.  Others will sit on the sidelines waiting and wishing they …

Day #330: Face Your Fears

Sunday morning I almost drowned. Seriously. It was a beautiful, calm and quiet morning and I went out with a group to do a little open water swimming. I was a little freaked out that there were fish swimming alongside me, but I tried to block out their little fish faces as I swam. The water …

Day #322: Life Begins at 46?

In my aging policy class we recently discussed an article from the Economist magazine that argued that older people are happier.  In fact, it even went so far as to suggest that our happiness level takes a ‘U-Bend’ if plotted over time.  Interestingly, they noted that happiness reaches its lowest point at the age of …

Day #262: Pros and Cons to the 529 College Savings Plan

The following is a guest post from Charles at CreditDonkey, a credit card comparison site. Pros and Cons to the 529 College Savings Plan 529 college savings plans have garnered tremendous attention from savvy planners and financial advisors, especially around tax time. These types of savings plans are essentially tools for building money for your …

Day #211: What Investors Should Know About Yield Curves

Last week, I was lecturing to a group of undergraduate finance majors and was amazed by the number of students who didn’t know the current shape of the Treasury yield curve.  I don’t expect everyone to know this, but I do expect it from a student who is months from earning a finance degree.  I …

Day #178: IPS Revisions

It hasn’t even been 24 hours since I finalized my Investment Policy Statement (IPS) and I’m already revising it. I’m not bothered by that. Instead, I’m happy that I’m using the document as a guide and didn’t just go through the exercise of drafting it for show. Core/Non-Core Today, I thought I would begin looking …

Day #177: My Investment Policy Statement

So here it is, the finished masterpiece. I have already made several changes just in the two months or so that I have been working on this and I’m sure there are many changes still to come. Now, this statement fits my preferences and needs and wouldn’t necessarily work for everyone. I share it simply …

Day # 175: Stock Picking

I have had a fever all day ranging from 102 to 103 degrees, so it is difficult to think of 500 words today, let alone string them together in a way that makes sense. However, I made a commitment to write 500 words a day for 365 days and I intend to honor it. Investment …

Day #176: Portfolio Monitoring

So it turns out that I have the flu. If that weren’t bad enough, apparently I’m highly contagious and have a seriously weakened immune system, so I can’t leave the house for a week. Someone just shoot me now. Doesn’t my doctor know that I have Kohl’s cash expiring on Saturday?! Oh well. Thank goodness …