Dollar Cost Averaging Magic

By |March 7th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

Have you ever purchased anything and then it suddenly drops in price the following week (no offense iPad users).  This is, in fact, so dissatisfying to most customers that stores have created specific policies around price matching. These days if your product is on sale after the original purchase you can usually get the difference between the higher and lower price

The Stock Went Up, but My Investment Went Down

By |February 18th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

One of my favorite stocks in the last year has been General Electric. (NYSE GE) I bought into GE on April 29th, 2010 when the stock was at $19.49. I bought in against on May 27th when the stock was at $16.66. I finally bought a third time on June 21st at $16.10. Today GE trades at $21.44. I should

I Turned $885 into $1,693 in Four Months

By |February 17th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

I turned $885.60 into $1,693.47 in four months. That's a profit of $807.87, or 91.22%. The best part is, I still have more unrealized gains that are waiting to be sold at the right time. How did I do it? I traded call options. If you are unfamiliar with options, it is a pretty simple concept once you understand it,

Warren Buffett is Jealous Of You!

By |February 16th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

I'm doing a quick blog today because I'm spending tonight with a special lady friend; the lovely Tag. I've had a lot of people disagree with me in the last few months about investing money when you still have debt. Many people would tell you that there is no guarantee in investing and that you should take the sure thing

My Watchlist Says Buy Ford

By |January 31st, 2011|Categories: Blog, Personal Finance Tips|Tags: , |

Don't forget to enter my $25 Amazon Giveaway before Feb 6th, 2011! Buying on a pullback is a great way to incorporate the investment gains of a day trader into your long-term trading strategy.  There are different types of pullbacks anywhere from a single down day into the market to a longer pullback such as a recession. If you are anything

For Retirement, a Quick Jog to the Finish Makes Perfect Sense

By |January 26th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

I was reading the New York Times (online edition of course) like any good nerd would do, and I came across this very interesting article about retirement savings. It warns people that most retirement calculators call for your investments to double in the last ten years of retirement. Well, duh. These calculators work on the premise that your investments double

2011 Stock Picks for Thousandaires

By |January 10th, 2011|Categories: Blog, Personal Finance Tips|Tags: , |

After some twitter bantering about Taylor Swift with financial uproar, I went to his site and found a post about 2011 stock picks. He likes to pick stocks at the beginning of the year and track them at the end of the year to see if the picks were right. I've been doing some research and found a

How I Doubled the Return of the S&P 500

By |January 7th, 2011|Categories: Blog, Personal Finance Tips|Tags: , , |

Who needs Jim Cramer when you have Kevin McKee!? I just checked my 2010 401k return on investment, and it was good. Really good. For a frame of reference, Moneychimp says the S&P 500 had a 14.32% gain in 2010, which is a pretty good year considering most experts project an 8-10% annual return in an average year.

What is a Roth IRA?

By |October 3rd, 2010|Categories: Blog, Personal Finance Tips|Tags: , , , |

Before I start with my usual craziness, I need you to identify yourself as one of two kinds of people: those who know about Roth IRAs, and those who don't. If you already know about Roth IRAs and maybe even have one yourself, think about how awesome it is. Now think about how awesome it would be if all your

Haven’t Made A Budget

By |August 28th, 2010|Categories: Blog, Personal Finance Tips|Tags: , , , , , , , , , , |

For a downloadable MP3, go to the "Downloads" page. Haven't Made A Budget I'm not surprised, my money goes fast I've broken my bank so many times, I stopped keeping track Tried to show off with a brand new TV But we can't even watch it without electricity I tried so very hard to impress her Because I wanted so