Author Archive

The DOW is down at 8,000 level from its peak at 14,000 level.  The daily ups and downs is so extreme that the index can move over 100 points in just a few minutes.  This can make any investor — new or experienced — nervous and doubtful.

Should I get out of the stock market?
Should I [...]

Now that we know Obama is the next president, we can evaluate his proposal regarding 401k plan more closely.  If you recall from my last article, I didn’t like his proposal that would allow people to early withdraw from their retirement funds — i.e., 401k and IRA — without penalty (McCain’s plan was even worse). [...]

A while back, I wrote about victim mentality and how it could negatively impact you in many ways; including your financial health.  Mostly, it was a story used to demonstrate a point, but it didn’t offer any specific solution besides telling you to focus on factors that you can control.  In this article, I want [...]

The recent stock market decline probably makes more than a few people realize that it’s wise to have a balance of growth and income investments as part of any portfolio.  One of these income investments is Certificates of Deposit.  It’s widely accessible and relatively simple in a sense that more people are familiar with CDs [...]

Before I begin my review, I’d like to remind you that tomorrow is Election Day — please exercise your right and VOTE!  If you receive a flyer that tries to convince you “Republicans vote on the 4th and Democrats vote on the 5th”, please DO NOT believe it.  We all vote on November 4th.  I [...]

My article 10 Tips For College Bound Students, I wrote that college students should start using credit card while they are in college. This generated quite a bit of opposing comments. Specifically, I wrote:
Establish you credit history early. College is a great time to get your own credit card. This way you start [...]

My son is almost a year old, so I am interested in the topic of teaching children about money management. I think teaching them about money can build a solid foundation that will result in a lifetime of financial well being.  I have been reading various articles on this subject and here is my spin [...]

It’s hard to think about your career with all the news about layoffs, bad economy, and volatile stock market.  However, this time of turbulent is in fact a great time to position yourself for career advancement. Since I spent my career in a Fortune 500 company, ideas listed below may be less relevant for [...]

With the current economic crisis in full swing, it’s easy for us to fall into the recency bias trap.  In psychology, the recency effect is the tendency to remember more recent events or observations more vividly and give recent information more weight than historical information. Unfortunately, this recency bias could cause you to abandon your [...]

With the current housing market meltdown, it’s hard to think about investing in real estate. Moreover, the current tight credit market and lack of cash makes it even harder to buy an investment property even if you want to. This is where REIT comes in. Personally, I think it’s an attractive investment [...]