There are so many people out there that see retirement as a distant future event and feel that they don’t even need to start thinking about it until 20 years down the road. In fact, it is common for a family to spend more time planning for their big vacation each year than on planning […]
Narrow Bridge Finance reader Yvonne sent in a question about IRA fees for her account at Meryl Lynch. She received a letter that said her annual account fee would be going up to $100 per year, and that didn’t pass her gut check. Here’s her question.
What a great time of the year! We are out on our bikes at least once a week exploring our new city. We are traveling around the country. We are spending time with friends and family. And, on top of that, with the great weather we can drink beer on patios.
Gold is the age-old hedge against economic catastrophe. When the stock market crashes, disease pandemics break out, terrorists attack, or the value of local currency plummets, people convert their paper money into gold. The basic reason is simple. Throughout history gold has been a highly valued and treasured commodity.
As someone who has been self-employed for a little over two years there is quite a bit I have learned. However, the thing I continue to come back to is that no one is going to do anything for me, meaning it’s all up to me. That ranges from finding the work and knowing what […]
Have you ever thought about what you would do if you suddenly had a $10,000 windfall? Perhaps a relative left you a portion of their estate, or maybe you win the lottery (which I wouldn’t recommend playing by the way), or you have an anonymous check show up in your mailbox with no explanation. What […]
I’m an uncle! That is two big months in a row! Married in May, uncle in June. I think I might take it easy on family changes this month.
Have you ever thought about flipping houses on the side? Or maybe you’ve always wanted to buy real estate and rent out your property to make a consistent semi-passive monthly income? Both strategies can potentially make money, but is one option better than the other?
Millions of people in the United States work at public companies with stock available for purchase. Some of these companies give employees stock for free, others offer company stock to employees at a discount, many commonly offer company stock as a portion of 401(k) plans. While many of us are loyal and believe in the […]
While I suggest new investors always buy diverse funds like an S&P 500 index fund to start, if you are building a larger portfolio and want to try your skill picking individual stocks, it is important to keep track of your investments. Each investment tracking site is different, so be sure to pick one you […]
Happy May everyone. It feels like summer is on the way! I might be a little over excited about this month, though. I am getting married in two weeks!
A reader sent me a note asking for ideas on moving to a new job after working for the State of Colorado, where the retirement plans are run by an organization called PERA. PERA works sort of like a pension plan and sort of like a 401(k). Read the question, and my answers, below.