Fearless Money

I continue to be astounded at how well the ETFs I bought this summer are performing.I thought they’d be goodI was sure they’d do well, I just didn’t know I’d see this kind of result so quickly.

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Wow, the ETFs I purchased this summer are spanking the market.FXI: Up 18.2%EWW: Up 20.52%IVE: Up 9.62%Total percent increase, corrected for my share allocation: $15.93%, approximately 60% annualized.

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A couple weeks ago, my rollover transfer from my last employer’s 401K to a dedicated IRA finally completed.

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I changed my mind and opened college accounts for each of my three kids. Up to now, I’ve been thinking that I shouldn’t do that until I was already maximizing my contributions to every tax advantaged retirement account.

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Last year was the first year I’ve ever managed to pay myself first! Almost every book tells you to do that, to take a certain percent of your income and sock it away before you pay the rest of your billsI spent much of this lovely Portland day doing my books.

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A few days ago I posted that I made a 21% after-tax profit from my investment/speculation account. I pay a lot of attention to that account, of course, and deliberately do not pay as much attention to my Roth IRA. I prefer a “buy-and-hold” approach in that account. Interestingly, that strategy paid […]

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The first Carnival of Personal Finance with one of my articles is up!

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If we want to save Social Security for future retirees, we as a society should do what we can to encourage saving now. I hadn’t thought of it that way before, that my personal saving and getting out of debt will help fuel the economy which will enable retirees in 2020 and beyond to […]

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Did you know that starting a Roth IRA for your ten-year-old will pay off 240:1? It is true. At 7% interest, a $100 investment in a simple mutual fund such as Dow Diamonds or QQQQQ, which average 7-8% will pay off incredibly for your child.I just made a quick calculator to help explore the numbers.

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This time of year, we are all considering adjusting our retirement contributions for next year. Did you max out your Roth IRA? I did not, sadly, but that is now one of my top financial resolutions for the new year. If you have been maxing it out, then you may want to […]

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