Category: My Money

Guide to Tax Efficient Mutual Fund Placement

A comment in my last post reminded me that one of the best ways to maximize your investment return is to avoid as much tax (legally) as possible. One way to do this is to divide your mutual funds o…

Book Review: Common Sense on Mutual Funds

It took me a bit longer than I thought, but I finally wrapped up Common Sense on Mutual Funds by John C. Bogle. Overall, I liked the book, but not as much as some of the others I have read. The fir…

E*Trade Traditional IRA Liquidated

I finally got around to selling the contents of my E*Trade IRA today, in preparation for moving it to Vanguard. My holdings? Just two funds: Janus Mercury (JAMRX) – Bought in 2001, back when …

The Vanguard Four Mutual Fund Portfolio

While rooting around the Morningstar and Diehards forums, I came across an interesting idea – the Four Mutual Fund Portfolio. It consists of the following: Money Market Fund (Cash) Total Stoc…

Where I park my liquid cash right now

(Note: interest rates updated as of 3/7/05) As interest rates continue to rise, there is again reason to really scrutinize where you park your liquid cash, as that “free” checking accou…

Asset Allocation Decided

After some thought and reading, I have decided on the following asset allocation ratio for my current age and position: 70% Stocks / 30% Bonds Although since I am only 26, some people say I should …

January 2005 Financial Status Update

Not quite 2005, but I’m going on vacation on Friday, so here is my monthly snapshot: My net worth increased by $3006 since last month’s snapshot, which is pretty nice but a little skewe…

Free Online Resources about Investing

In addition to the many good books out there, you can get a pretty decent grasp of the investing world just by surfing around a bit. Many big sites have in-depth mini-universities. There is a lot o…

Die Hard! The Vanguard Way

Wasn’t Die Hard a great movie? It’s even got a Christmas theme =). I can’t remember a single thing about the sequels though… Anyways! Diehards.org is a forum for people to d…

Affluenza: On the Epidemic of Overconsumption

As the holiday blitz starts coming to an end, my family and I watched an interesting PBS program called Affluenza (there is also a book of the same name). As stated on the site, it talks about the …

Mid-Term Goal: $100,000 Non-Retirement by mid-2007

After setting my Short-Term Goal for this month, I am now setting my Mid-Term Goal. As I have mentioned, I plan to buy a house in an area with insane real estate prices for the long term for family…

Learning about Worthless Securities

While filling out my form to process my worthless Enron stock, I came across these two choices: 1) Relinquish the security, or 2) Sell the security for $0.01 ?For the Lot.?. They sounded pretty sim…