All Thoughts on Investing

All awesome posts on Investing: IRAs, 401k, retirement, stocks, SEP, ROTHs, you name it.

Net Worth Report #134: $886,776.74 [+$8,778.54]

April 1, 2019
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Happy Fool’s day!! Except for all of us who pay attention to our money! (HEYO!) Saw these stats come out from Experian, and while it looks like an epic prank it’s anything but: As of the the last quarter of 2018, consumer debt now totals a whopping $13.3 trillion With credit card debt coming in at $834 billion Mortgage debt totaling $9.4 trillion Personal loan […]

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More mental accounting forms: the “endowment effect” and “nudge theory”

March 28, 2019
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So I found out there’s a term for what we were talking about the other day on treating your money differently depending on how you get it! It’s called “mental accounting” and apparently is a pretty popular thing, based on work by Nobel Prize recipient, Richard Thaler :) Here’s a description of it from Investopedia: Mental accounting refers to the tendency people have to separate […]

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Do you treat your money differently depending on *how* you get it?

March 25, 2019
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Was thinking about the way I spend my money, and noticed how drastically I treat it depending on *how* exactly I come across it ;) For example: Money I get as gifts: Time to spend away!! And almost always towards *wants* vs needs and those things I’d never go out and buy for myself but deep down really want, haha… So basically – the best […]

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80 Years of Financial Hindsight

March 15, 2019
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Hey guys! Got an interesting note from a reader of this blog who sent the following in the subject line: “A middle of the night thought.” Of course I had to open it up to see what it was about :) “Wondered if you would like a little article written by an old fart (80) about his thoughts and concerns and what he would have […]

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What are you doing with your tax refunds?

March 14, 2019
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Saw this list come out on the best ways to use your refund money, and thought I’d use it as an opportunity to live vicariously through you guys since I’m getting squat this year ;) Though by no design of my own as I LOVE getting a nice chunk back every year and thinking about all the ways to power your goals! Even if it’s […]

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Net Worth Update #133: $877,998.20 [+$29,332.73]

March 4, 2019
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Hidey-ho! Another good month for the markets in Feb! And almost back to where we were in September when it last peaked! Only $24,135.31 to go for us to get back there, haha, how about you? Here’s a fun snapshot of how it’s gone for us the past few months… Something tells me this is just the beginning of what’s to come ;) (A delta […]

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The average 401(k) balance by age

February 25, 2019
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I don’t know if this will make you feel better or not, but I always enjoy seeing these so I’m gonna share it around today ;) Though as the article notes: “No matter which number is closer to your reality — and certainly for some, both will feel out of reach — it’s important to remember that numbers like this are akin to train wrecks: […]

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How to Get Health, Wealth and Comfort… in 1890

February 15, 2019
west end park - rockville

It’s time to go back in the financial time-machine again! This time to 1890 where this magnificent pamphlet was created to help you get more health, wealth and comfort at the turn of the century… [“Peerless Rockville: How to Get Health, Wealth, Comfort” by Henry N. Copp] There’s a hidden agenda inside (the publishers want you to buy a lot in their new community they’re […]

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Financial Confessional: “I Day Trade Penny Stocks”

January 29, 2019
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Our Financial Confessionals are back! Here’s the latest from a guy who not only day trades, but day trades penny stocks 😱 Not a post you’ll typically see on this blog since I’m a huge buy-and-hold/index guy, but as promised earlier in the year, I want to be better about sharing other perspectives and strategies out there… Plus, some of his “rules” here are actually […]

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Did you know there was a Personal Financial Satisfaction Index (PFSi)?

January 28, 2019
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It’s true! And of course was made by a bunch of CPAs, haha… Per the AICPA (American Institute of CPAs): The Personal Financial Satisfaction Index (PFSi) is a quarterly economic indicator from the AICPA which weighs a variety of economic factors to calculate the financial standing of a typical American. The index is calculated as the difference between two component sub-indexes – the Personal Financial […]

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Product of The Month: The Avid Investor Daily Planner!

January 16, 2019
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Hey guys! Have a fun little planner to share your way today, created by a fellow reader of the blog, Michael Murphy :) I’m not a huge stock trader/picker myself, but I do know the power of tracking your finances, and thought some of you might really like the idea behind this bad boy. If so, use the promo code at the end to get […]

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The Best Banks and Financial Products of 2019

January 14, 2019
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Morning, friends! If you’re on the hunt for a new bank or credit card or financial app right now, this post is for you. MyBankTracker.com just came out with their annual “Best of Banking Awards,” and while I don’t typically share lists like this, I’m trying to be a better blogger about it as I know y’all are always looking for good recommendations ;) Peruse […]

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Getting Financially Naked – Round IV

November 26, 2018
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Hey guys! Hope you had a nice and warm holiday weekend! :) Thought you might like some more goodness to digest today, so let the festivities continue as we serve up a tasty platter of other peoples’ finances! Featured in this round are: a single 32 y/o woman from Arizona, a pair of high earner engineers out in Baltimore/DC,  a team of lower income SINKs […]

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7 [Financial] Habits That Have a High Rate of Return

November 19, 2018
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Remember the other week when I posted that tweet about the 7 habits that have a high rate of return in life? Where I rocked almost all of them except for the “exercising 3x a week” one where I appropriately scored an F-? Well, not any longer my friends!! That silly little tweet stirred something in me and I did something that day I haven’t […]

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