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What Makes a Saver?

Prairie Eco-Thrifter

Those experiences – be they positive or negative – make us the person we are, at any given point in our lives. I also saved – maxing out 401K contributions to build up the retirement funds. As author BJ Neblett so aptly says: “We are the sum total of our experiences.

Making 124
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Investment Methods

Prairie Eco-Thrifter

When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA). It caught me by surprise that the stocks/mutual funds in which I invested while in the 401K could not be transferred in kind to my IRA. Instead, they had to be sold within the 401K and the proceeds reinvested in the IRA.

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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

I’ve ignored most of them, successfully to this point. Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. I’m keeping my allocations. The bond market was at a high at the time.

Money 170
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How Long Should You Keep Financial Documents

Family Balance Sheet

It got to the point where I couldn't close the drawers of my filing cabinet, so I took some time to weed them out. Bank Statements - One nice thing (among many) about the electronic age is that banks keep statements online up to a couple of years. Our personal bank has statements online all the way back to 2006.

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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

Unfortunately, to move them, I had to cash some the investments out in the 401K, leaving me with quite a few funds to get back into the market. My Predicament. I retired in 2010 (yeah!). I moved my retirement savings from two company plans into an IRA.

Economy 187
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Carnival of Personal Finance #316- Family Edition

Prairie Eco-Thrifter

Crystal from Stupid Cents talks 401k Allocation and where to put your money. Glen Craig from Free From Broke asks Are Banks Ratcheting Up Their Profiling Efforts? , “In family life, love is the oil that eases friction, the cement that binds closer together, and the music that brings harmony.&#.

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Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

Without insurance, this could literally break the bank for many people. Mike presents Choose Your Rewards Card Carefully posted at Rewards Cards Canada , saying, “Some rewards programs come with an annual fee and place restrictions on how you redeem your points. This expense is usually well worth the trade.

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