Investing

Review: Jim Cramer’s Real Money

In the past, I concluded that Jim Cramer’s success was due to the entertainment factor. I had never heard of him before tuning into his show on CNBC, where his … enthusiasm for picking stocks seems to know no bounds. I generally concluded that he was a cartoon figure and left it at that, but …

Jim Cramer’s Real Money: Buy or Don’t Buy?

This week, The Simple Dollar takes a look at Jim Cramer’s Real Money. Cramer has made a huge name for himself in stock picking punditry and he claims to reveal his methodology in this book. Is it worth reading? Let’s find out. I won’t be shy about it: I really enjoyed this book. If I …

Jim Cramer’s Real Money: General Trading Advice

This week, The Simple Dollar takes a look at Jim Cramer’s Real Money. Cramer has made a huge name for himself in stock picking punditry and he claims to reveal his methodology in this book. Is it worth reading? Let’s find out. As I mentioned earlier in the week, the frenetic writing style of this …

Jim Cramer’s Real Money: Building A Ten Stock Portfolio

This week, The Simple Dollar takes a look at Jim Cramer’s Real Money. Cramer has made a huge name for himself in stock picking punditry and he claims to reveal his methodology in this book. Is it worth reading? Let’s find out. Another interesting portion of the book was Jim’s recommendation of a ten stock …

Jim Cramer’s Real Money: Overview

This week, The Simple Dollar takes a look at Jim Cramer’s Real Money. Cramer has made a huge name for himself in stock picking punditry and he claims to reveal his methodology in this book. Is it worth reading? Let’s find out. In the past, I concluded that Jim Cramer’s success was due to the …

The Treasury Note Retirement Plan

A few weeks ago, I wrote an overview of what treasury notes, bonds, and bills are and how they work. In the discussion, I dropped this little tidbit which turned out to be alluring to a few of my readers: I know of at least one person with several million dollars sitting in treasury notes; …

Categories: Investing, Retirement

The Money Savvy Pig and My Son’s Allowance

Lately, I’ve been thinking a lot about how to teach my son about money. I’ve looked at a lot of different resources that could teach my son about money gradually as he gets older. I have four basic criteria that I’m looking for: My Criteria for Teaching My Son Financial Literacy 1. It has to …

Why Anything Other Than Term Insurance Is A Mistake

I recently had a heart-to-heart with my parents where I convinced them to cash in a whole life insurance policy that they bought for me when I was very young. They bought it for me when they were concerned that I wouldn’t live very long due to some poor health in my early childhood, but …

When Your Investment Income Covers Your Living Expenses

About a month and a half ago, I read Your Money or Your Life and found it to be a relevatory experience (check out my review of the book). One particularly interesting part was a discussion of a concept that the authors referred to as the “crossover point.” Since then, I’ve seen reference to this …

Another Approach To Retirement Planning: Balancing A Retirement Target Fund Myself

Regular readers of The Simple Dollar are aware that I’m going through the process of starting my Roth IRA. For those unaware, so far I’ve decided to start a Roth IRA this year, found a company (Vanguard) that I’m comfortable with as a manager, developed a detailed plan for making it happen this year, and …

Categories: Investing, Retirement

Musings On Diversifying My Portfolio

The phrase “diversify my portfolio” has always made me giggle. An old friend of the family, who was quite proud of his highly blue-collar attitude and lifestyle, came into a large amount of money. He had a financial advisor invest it for him and teach him a little bit, and so he’d stand there, wearing …

Categories: Investing, Retirement

How Dave DeSmidt Lost $179,000 Out Of His Retirement Account In One Day – And Why A Few Reforms Are Needed At Brokerages

On the morning of October 23, 2006, Dave DeSmidt had $179,000.23 in his 401(k). He was on a business trip to China when the unthinkable happened: someone logged onto his brokerage account, registered a new checking account, and then requested a distribution into that account. By the time Dave checked his brokerage account a few …

Categories: Investing, Technology

Planning For My Roth IRA: Looking At Vanguard’s Target Retirement Funds

This year, I’ve made a commitment to start a Roth IRA and I’ve developed a very specific plan to make it happen. I’ve also decided to use Vanguard to manage the IRA because they’ve treated me very well in the past and their returns are strong. Now comes the hard part: how exactly do I …

Making Sense of Treasury Securities: Treasury Bills, Notes, and Bonds

Quite often, I read about using treasury securities as the “baseline” for what your money can return with no risk. Yet to the beginning investor, these items are a bit unclear: what are they? How are the returns? How can an individual investor get them? The Simple Dollar did a bit of research and found …

Categories: Investing

Should You Overpay On Your Mortgage?

Recently, I had an email exchange with a reader about whether or not they should overpay on their home mortgage or take that overpayment and invest it. I spent some time with Excel and Bankrate.com’s mortgage calculator and I made a few interesting discoveries. I don’t want to bury you in numbers, so I’m going …

Categories: Housing, Investing

Is Stock Investing Really The Best Way To Go?

Over the last several months, I’ve read a ton of personal finance material, and it all keeps coming back to the same idea that basically says if you want to make big money, you have to participate in stock investing, but as you approach your goals, you should move gradually to safer investments like bonds …

10 Steps For Checking Out Long-Term Stocks To Invest In

As I move into a small portfolio of individual stocks, I’ve developed a process for selecting stocks that reflect the values I’m looking for. In short, I’m looking for long-term stock investments in companies that are financially stable and exhibit good customer relations and values. My belief is that any company that has their books …

Categories: Investing

Ten Ways To Accelerate Your Net Worth Growth

Now that you’ve calculated our net worth, you’re probably excited about seeing that number go up, and once it starts going up, you’re going to want to see it keep going up, faster and faster, rocketing to the moon. For my net worth growth, I have a thumbnail goal of a 2% increase per month …

How I’m Using Dollar Cost Averaging – For Better Or For Worse

As I mentioned earlier, I recently bought into the Vanguard 500 using part of my emergency fund. Since then, I’ve set up a monthly deposit into that fund, intending mostly to focus on building up the balance to a sufficient level. The real purpose of the fund is to enable my wife and I to …

Categories: Investing

Become a subscriber of The Simple Dollar and get a free copy of Trent's e-book today plus exclusive updates.