Archived entries posted in ""

Weekly Roundup #10 (December 31, 2007)

Hey, looks like you’re new here! I blog about money. Saving, investing, insuring, getting, and using it! See my “about me” page for more info! To keep up to date, you may want to subscribe to my RSS feed or get the blog in your email! Thanks for stopping by!
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Popularity: 8% [?]

Weekly Roundup #10 (December 30, 2007)

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It’s finally the end of 2007, where did it go? How did your finances do this year?1. AllFinancialMatters let us know how to rebalance a portfolio come end of year. I don’t have those assets there, but the idea of rebalancing index at end of year makes perfect “cents”.
2. […]

Popularity: 9% [?]

Icelandic 13% A.P.Y. CD through Everbank. Is it for real?

Photo by: Stephen AU So what’s the deal with this ridiculously high 13.10% APY 3-Month Icelandic Krona Certificate of Deposit offered by Everbank? Is it FDIC insured? How can they give such a beefy return on a CD?
First off, Everbank IS A BANK (A United States bank hence the FDIC insured part). They’re not […]

Popularity: 10% [?]

Can I fund a ROTH IRA account that belongs to one of my parents?

Photo by: Seamus Murray
Another reader request asked:
My mother is 57, has no retirement $$$, and works full-time making about $25,000/year. I want to open a ROTH for her for Christmas, can I? - Shannon from Montana
Hello Shannon - how nice of you to think of Mom for the holidays! Congrats to […]

Popularity: 5% [?]

Goodbye to my Universal Life Insurance from Hartford mutual

Photo by: dave mcmtSo I’ve done it - after debating for about 2 months and trying to convince myself that I DIDN’T make a bad investment in getting in on this, I’ve come to my senses. I admit it, I made a bad mistake 5 years ago to purchase my Hartford Life Universal […]

Popularity: 7% [?]

What is a 12-b-1 fee and is it included in an expense ratio of a mutual fund?

Photo by: Ricky Irvine
Hank - quick one for you. Are 12-b-1 fees included in an expense ratio of a mutual fund? - Jay from Kansas
Hey Jay - quick answer back to you. No. Click the image below to enlarge:

You’ll notice it is a SEPARATE fee. But also keep in my […]

Popularity: 5% [?]

Hanks Holiday Handout winners! and a few year end financial tips…

Happy Holidays to everyone!  Hanks Holiday Handout went off without a hitch and we had a total of 72 entries!  So thank you all for contributing to it and I’m happy to set up another one when the opportunity arises! 
The winners each received an email stating they’d won in their inbox; so check your email, […]

Popularity: 6% [?]

How do I calculate a percentage of increase in my salary or investment?

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Hank, I just got a raise at work from $35,000AUD to $42,000AUD - what is that percentage of increase, more so, how do I calculate it? - Gerald from Perth
Hey Gerald - good question, people wonder that more than you think. So the way to calculate a percent increase between two […]

Popularity: 5% [?]

How do I plan to reach my investing goals for retirement?

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Only 0 days 5 hours 2 minutes left until Hanks Holiday Handout drawing!
To make my goal of having my net worth be $1,000,000USD by 2020 I need to have a plan laid out. Yes it will change through the years, My wife and I will get raises; we won’t get the […]

Popularity: 7% [?]

Weekly Roundup #9 (December 22, 2007)

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Only 1 days 3 hours 2 minutes left until Hanks Holiday Handout drawing!
I’m headed to the remote lands of Montana for Christmas this year, where the snow is white, abundant, and desolating, so I may not be able to find my way back, but if I do, you’ll know I gave each […]

Popularity: 7% [?]