Investing
USAA to Expand Eligibilty Requirements
USAA has announced that they are expanding their eligibility requirements. If you meet the following criteria, this might be a great opportunity to get some nice insurance benefits.
While a bit of an exclusive club, it is with good reason. The customer service is top notch and the rates are extremely competitive. They currently allow only [...]
Milk Your Money Tools
As the internet doubles in size, power, and reach at such an exponential pace, we are evolving our websites to not only display “content,” “opinions,” “news,” and who knows what else. Now we are pointing our links to pure data. The internet does not sleep, its always on, and it loves to crunch data.
So MilkYourMoney.com [...]
Renting vs. Buying
It’s the American dream, buy a home and raise a family. For many, buying a home just feels like the right thing to do, but really couldn’t tell you the financial benefits for doing so. In fact, buying for many is simply not worth the cost. There are obvious advantages to owning a home; likewise, [...]
Borrow From Your 401(k) Account with a Debit Card No More?
We can’t stress enough how important it is for everyone to participate in their companies 401(k) retirement program, especially if there is a match involved. Sadly, people are starting to tap their 401(k) accounts early and easily by using a debit card linked to their retirement funds.
Debit card 401(k) withdrawals were actually created thinking people [...]
Give the Gift of Stock
At least twice a year, most of us are task with the job of finding the perfect gift for a nephew, grandson, cousin, or grandchild. Every Christmas and birthday are a must, but it doesn’t stop there, you have graduations, confirmations, and the list goes on. What do you get year after year for the [...]
Invest in America’s Past Time – Beer
I’ve toyed with this idea for some time and recently started thinking there may actually be some validity to it. This idea that has had my head spinning (literally) for some time now is simple – invest in Americas past time, beer. I know what your thinking, Americas past time is baseball. Correct you are, [...]
Are Dividend Heavy Stocks As Safe As You Think?
You’ll hear financial experts tell you, and deservedly so, that a safer way to potentially earn more on your investments is to invest in stocks that pay a substantial dividend. A dividend is money paid to shareholders coming from the company’s profits. Usually, higher paying dividend stocks tend to be financial companies or well established [...]
Jump Start Your Savings
Back in April, I wrote an article about Jump Starting Your Frugality, and it has seemingly been well received. Now we are going to approach this from another angle: Savings!
Getting your savings in order is a tricky thing…It’s just enough ‘out of sight, out of mind’ that you can easily dismiss it throughout the day [...]
Is Your Patience Tanking with the Market?
If you have been paying any attention to the markets lately, then you probably have noticed the huge fluctuations the past couple of weeks. Key market events, like the Fed’s decision to keep the interest rate idle, and the rise and fall of the price of oil, seem to mean more to investors than companies actual [...]
Financial Cartoons to Share
Gleaned from around the web, feel free to share these…
Enjoy and be sure to share!
Pay Off Your Mortgage By Age 65
Being a recent first time home-buyer, my final mortgage payment is comical to think about. And this is exactly why many people don’t think about actually paying off their mortgages, ever. The Washington Post recently reported that, “more than 55 percent of boomers who have mortgages do not plan to pay their mortgages off until [...]
Prosper.com Concerns
Prosper.com has some interesting notions to it that make it unique in the borrowing/lending market. If you have some extra money, you can lend it out and make a return (hopefully) or if your credit is bad, you can get a loan for a badly needed loan that you might not get otherwise, due [...]
Top Financial Leader Thinks Second Wave of Foreclosures Coming July 1
“We have a wave of foreclosures coming after July 1, which may make the first wave look small by comparison.” – Sen. Christopher Dodd (D-CT)
Earlier this week, Senator Christopher Dodd (D-CT), Chairman of the Senate Banking, Housing, and Urban Affairs Committee, expressed his less than enthusiastic financial forecast for the coming months during a Securities [...]
Should Main Street Investors Test Their Luck in Private Equity?
The U.S. Markets are still staggering, but it seems the worst is behind us regarding the housing troubles. But can we expect big gains from our recent losses? I’m guessing we will experience slow growth for over a year with ups and downs. But many people aren’t waiting around for market recoveries, [...]
The Best and Worst Discount Brokers
I have always wanted to be the guy whose phone rings in a crowded room and say, “Excuse me, I have to take this one – it’s my broker.” Unfortunately for me, this big-headed moment probably will never come, thanks to the rise of discount brokers. Discount brokers like E*Trade and Fidelity, are companies that [...]
