Logical Fallacies of Many Stock Market Investors

By |May 9th, 2013|Categories: Blog, Personal Finance Tips|Tags: , , , |

Last week I wrote about how amateur stock picks and even random stock picks have outperformed expert stock picks since January 2012. It is one of the reasons I don't trust the stock market. I realize this is not a popular opinion. Talk to any financial advisor or even your parents or grand parents, and they will tell you that

One Good Reason I’m Not Investing in the Stock Market

By |May 2nd, 2013|Categories: Blog, Personal Finance Tips|Tags: , , , |

I used to love the stock market. I loved to research companies and pick new stocks to invest in. I created an entire ETF portfolio for my fiancee's Roth IRA. I even did some very risky options trading. I don't do any of that now. My fiancee and I both cashed out our Roth IRAs for the purchase of our

401k Match Day is like a Holiday

By |March 28th, 2013|Categories: Blog, Life|Tags: , , |

If I could pick one day a year to repeat over and over again it wouldn't be Christmas. It wouldn't be my birthday either. Nope, the best (or at least most profitable) day of the year for me is 401k match day. My company gives a 100% 401k match for up to 6% of your contributions, and then gives an

Wine is a Better Investment than Stocks

By |March 26th, 2013|Categories: Blog, Personal Finance Tips|Tags: , |

Have you ever been invited to a dinner party? No, I'm not talking about a booze fest at your college's frat house. I mean a party where you are going to a friend's house and they are going to feed you while you socialize. If you've ever been to one of those parties, I hope you didn't show up empty

How Much Can You Make With Lending Club?

By |March 4th, 2013|Categories: Blog, Personal Finance Tips|Tags: , |

As you all know I think Lending Club is a great place to invest money; I like it much better than investing in the stock market. I was actually talking with a friend who recently signed up for Lending Club and he asked, "How much will I really make with these investments?" It's actually a really good question. There are

2013 Stock Pick for Thousandaires

By |January 7th, 2013|Categories: Blog, Personal Finance Tips|Tags: , , |

I have one stock picks for 2013 that I believe is both the safest bets you'll find in the market and has the most upside for serious growth. But before I get into those picks let's look back at my 2012 picks. As an official member of the Money Pros financial blogger group, I participated in the Money Pros stock

Why I Took a 401k Loan to Buy My House

By |November 13th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

I will be closing on my first house on December 4th, and I will be bringing a 20% down payment to my closing date. As someone who just paid off my student loans a few months ago, I definitely didn't just have $40k lying around. What I did have was a fairly substantial amount of money in my 401k. The

Would You Buy Your Investments Today?

By |September 14th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

I've been reallocating my investments in my Roth IRA over the last few days working under one simple principle: Would I buy it today at the current price? It was easy to sell stuff that had gone up and I thought was currently overvalued. For example, I was up about 10% on Las Vegas Sands (LVS). I don't think the

Wouldn’t a 5% CD Be Great?

By |July 24th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

The other day I was lamenting the fact that I can't get any better than a 1.1% return on a CD, which means there's no point to even consider tying up my money for such a low rate of return. It makes it so hard to save money when the interest rate you can get at a bank is lower

Other “American Government Bubble” Investments

By |July 12th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

As you probably know by now I'm very worried about the growing American Government bubble and I believe that investing in dividend paying companies in countries with a trade surplus is the safest way to put money in the stock market. But the stock market isn't the only place to invest. If you want to ensure your money retains it