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Investing

This category contains 23 posts

The Easiest Way to Save: Automatic 401k Contributions

As if you needed another reason to start a 401k, I’ve got another one for you. Just recently, my employer did something I wish others would - after 1 year of employment (when the company begins matching your contributions), you are automatically enrolled into the company’s 401k program. You can opt out, of […]

In PayPal We Trust?

I’m a big fan of the online payment processor PayPal. Even after having my account hijacked and thousands of dollars worth of computer equipment shipped to somewhere in the Philippines, I continue to use the service. It’s fast, easy, and cheap. Reasons thousands upon thousands have also relied upon the payment processor […]

Focused Index Funds: Are They For You?

I read an interesting story this morning in the Wall Street Journal which highlighted the “boldness” of the Pioneer Cullen Value fund for owning shares of just 41 companies.
For those of you who may not know, an index fund is a very diversified mutual fund - and one of my personal favorites. These funds […]

Investing Options Series: IRAs

What Are They?
An individual retirement account (IRA) is a personal savings plan that provides some tax advantages to allow you to save for retirement. The concept itself is simple, but sometimes people get bogged down in the details. Hopefully we’ll answer some of the more common questions here.
How Does an IRA Work?
A traditional IRA […]

Investing Options Series: 401(k)

I’m continuing the investing options series by covering long-term investing options - starting with 401(k)s.
What Are They?
A section 401(k) plan is a type of tax-qualified deferred compensation plan in which an employee can elect to have the employer contribute a portion of his or her cash wages to the plan on a pre–tax basis. You […]