Just read last week’s Robert Kiyosaki article on Yahoo entitled
Playing the Mutual Fund Lottery.
I cant believe Yahoo keeps him on. This article is dangerous information to spread to the uneducated. Seems to be saying mutual funds are no better than playing the lottery because of the high cost of some funds. I’m not […]

Today’s USA Today has a good article on tax issues surrounding retirement….Retiring doesn’t mean retiring from taxes. It explains the wisdom to “stuff as much into a Roth IRA as you can”. So, if possible, it is wise to contribute the $4000 a year to a Roth ($5000 if you’re over 50). However, high […]

I’m one of those persons that gets bugged when I read something that sounds definitive from a purported authority that is incorrect or incomplete. Today, I came across such a glaring omission in the about.com article Eight Ways to Avoid the 10% Early Withdrawal Fee on Your IRA . Now, it doesn’t say “The Eight […]

Following up my previous post on putting brokerage account cash into the money market, I just got off the phone with ETrade and I am not happy. And surely, those of you in a similar situation should not be happy either. Here’s the crux of it….
If you have a retirement account such as a Roth-IRA […]

Generally, at the end of each year I look at what stocks I want out of my portfolio, I then try to sell a balance of winners and losers. Per IRS rules on capital gains and losses, “if your capital losses exceed your capital gains, the excess is subtracted from other income on your tax […]

I invest mostly in the stock market. And for most of us, the stock market has treated us well over the past 3 years. However, I think its time to take some stock off the table and increase my cash position. So, I’ve been selling mostly in my tax-deferred accounts (obviously to avoid taxes) in […]