Teach Someone About Roth IRAs Today

By |March 27th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

Today I'm a part of the Roth IRA Movement. Of for those of you on twitter, the #RothIRAMovement This all started with my good buddy Jeff Rose, who asked a group of over 50 college students to raise their hands if they knew what a Roth IRA was. Not a single person moved, except maybe to send a text or

A Roth IRA Isn’t Completely Tax Free

By |February 27th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

Last weekend I got a phone call from my cousin Tootie (not his real name, but a nickname I've used for him forever). He's a junior in college and most of our conversations revolve around sports so I was expecting to get some trouble about Mizzou blowing a 19 point lead against Kansas. Imagine my surprise when he told me

Can I Pick Stocks or What!?

By |February 7th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

At the beginning of this year I decided to start a little experiment with the stock market. I wanted to see how well some financial experts and the S&P 500 did against the stock picks of complete amateurs, as well as some very risky (or even random) stock choices. I'm tracking nine different "indexes" and if you're really curious to

Do the “Experts” Know Anything about Picking Stocks?

By |January 4th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

I've been investing in the stock market for over four years now, and at times it's been downright ugly. The only investing strategy that makes sense to me is buy and hold. Short term investing, even for just one year, seems like a complete crap shoot to me. photo credit: flickr.com/epicharmus/ And since I'm not someone who likes

12 Stock Picks for 2012

By |January 3rd, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

The first lesson in investing is “only invest in things you know”.  Sometimes it is tempting not to follow this advice as the grass always seems greener on the other side.  This mistake usually doesn't work in your favor, as you can see by my worst 2011 investment, which did not meet the criteria of “invest only in things you know”.

Join the Money Pros 2012 Index Fund Challenge

By |December 17th, 2011|Categories: Blog|Tags: , |

Do you like picking stocks? I do. I like it best when I pick the right ones, but just picking them in general is fun. If you think you can pick stocks better than a bunch of personal finance bloggers, you should join the Money Pros 2012 Index Fund Challenge. Enter the Money Pros Index Fund Challenge It's simple. You