July 2010
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Retiring Retirement

Should we retire retirement? With 43% of Americans having $10,000 or less in retirement savings, and 27% with less than $1000, it is obvious that many people do not think for the future. In fact, recent research on people’s brains shows a tendency toward the use it or lose it mentality extending to people’s money [...]

Talking About Investments: A Social Faux Pas?

I was thinking about how easy it is for people to just go out and buy something and then tell everyone about their new purchase. A car, new clothes, new toy, etc. But what about when you decide to invest? Some people feel comfortable talking about 401(k)s or IRAs or other “standard” investments, but when [...]

Next Financial Bubble to Pop- Student Loans

One of the things I am most proud about my educationĀ is that I accomplished it without taking any student loans. I worked either full or part time and lived at home with my parents for most of my collegeĀ career. I was accepted into a university that was farther away and in which I would have [...]

Americans Should Be Outraged Over the 401(k) Scam

This is just a disappearing mirage in the distance

Americans should be outraged over 401(k)s but for some reason, they are not. For some reason, 401(k)s (and IRAS for that matter) have become mainstream and actually promoted and accepted by most financial advisors. This includes some people who I think overall have a pretty good [...]