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Investment Methods

Prairie Eco-Thrifter

Author of Forbes article Why You Should Take Joel Greenblatt’s ‘Magic Formula’ Stocks Seriously , Charles Sizemore thinks it works, others don’t. When I retired, I used this method to re-invest the proceeds from my company 401K (that I had rolled into an IRA).

401K 100
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What Makes a Saver?

Prairie Eco-Thrifter

A smile or a word from a parent or teacher, seeing someone enjoying their savings, a chance combination of a happy conversation, a sun shiny day and an increased amount in the piggy bank – all may result in one child’s brain being wired towards the pleasure of saving.

Making 124
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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

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”. Vanguard’s Personal Financial Planner thought I should change invest all my retirement money in bonds when I moved it from my 401K to an IRA.

Money 170
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How Long Should You Keep Financial Documents

Family Balance Sheet

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. Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement.

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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

If you have money to invest, should you put it to work when stock prices are rising every day, or should you wait until the market goes down? 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!).

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P.E.P. for the Week of January 24-28, 2010- Adjustment Edition

Prairie Eco-Thrifter

On top of this we are working 5 days a week, volunteering for one, and looking after the house. We personally use Quicken and we find it works great for reviewing our finances. Moolanomy tells us how we can reach our savings goals by using virtual bank accounts. We also have to plan our itinerary, get our vaccines, and pack.

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

The best part is, people interested in your work will pay you for rights to your photo. After all it was not the people who caused the problem so why should they suffer while the banks get off scot-free? Income MMD presents What Did You Learn From Working as a Teenager? They do not like this austerity business one little bit.

Money 113