My wife’s investment assets are about to be switched over to another brokerage firm. She’s always had an account at TD Ameritrade and when she changed jobs, we felt it was the natural choice to open a traditional IRA account there. When she called to checkup on the status of the transfer a week after […]
October 2008
I followed my coworker a few days ago to a seminar hosted by his financial adviser about the economy and the stock market. Apart from the expected pitch about why their firm is solid and solvent, there were quite a few insightful and interesting comments about investing and what’s going on so I want to […]
Several days ago, I asked readers to share their wisdom with those that couldn’t sleep at night because of the turbulent stock market. Today, I want to share with you two that particular stood out. From Debt Reduction: I was a stock broker in 1987. On black Monday the market was down what 27%. The […]
We witnessed a very crazy day for the stock market yesterday. The DOW plunged 800 points only to come roaring back to close down 370 points. It was breathtaking for many of us because we were glued to our TV (and computer screen) as the stock market kept on going down but for some of […]
Recently, I started to make bigger purchases around the middle of the month because I found that I can save more money this way. Most of you are probably a little puzzled by what I just said so let me explain this a little further. Credit cards have a statement date where they will calculate […]
Never mind the stock market, never mind the oil prices and never mind whether the government buying mortgages is a bailout for Wall Street or a rescue of Main Street. At the end of the day, the most important contributing factor to our individual ability to live comfortably is having our job. Today, I want […]