How Long Do You Have To Live In A Home To Justify Buying It?
I recently heard an interesting discussion on Dave Ramsey’s radio show about the length of time you need to live in a home in order for it to make sense going through the process and expense of purchasing it. It’s a rare occasion that I disagree with Dave Ramsey, but in this instance, I [...]
Obama Health Plan And One Trillion Dollars
One of the leading news this week is about the health care reform that President Obama is trying to push forward. The overhaul is estimated to cost somewhere around $1 trillion dollars over the next 10 years. Sounds like a big number, but when you consider the 42 million uninsured Americans, the price tag becomes [...]
Ask The Expert with Larry Swedroe, June 2008 Issue
This is the 7th issue of the Ask The Expert column by Larry Swedroe. You can see Larry’s full biography and important disclaimer below. If you are interested in having your question answered by Larry, please send me an email via the contact page.
Now, let’s get to the questions and answers (please note that the [...]
Net Worth Review
January was a bad month for the stock market despite two rate cuts by the Fed. The S&P 500 index dropped -6.12% from 1468.36 to 1378.55. According to NetworthIQ, my net worth went down -1.66% and net investable assets went down -7.35%, or from 23.93% to 22.18% of $1 million goal — 2 [...]
Before I begin, I’d like to say that this is a special edition of the net worth review, because following my review, I will be sharing what my friends are all saying about their net worth or the subject of net worth.
Net Worth Review
December was another weak month for the stock market, and the S&P [...]
November was a very volatile month for the stock market with pressure from the oil price, sub prime mortgages, and foreclosure problems. The negativity was further fueled by bad news from companies like Citigroup and E*Trade. As a result, the S&P 500 index dropped -4.40% from 1,549.38 to 1,481.14.
According to NetworthIQ, my net worth declined [...]
Aside from the big dip on October 19th, this was another good month for the stock market. The S&P 500 index rose +1.48% from 1,526.75 to 1,549.38 — again, the Fed cuts rates by another quarter point. After I entered all my information into NetworthIQ, the result was +1.75% net worth improvement. My liquid assets [...]
September was a good month for the stock market. The S&P 500 index rose +3.58% from 1,473.99 to 1,526.75 — thanks to the boost from Federal Reserve interest rate cut by half a point on the 18th. However, consider that the U.S. Dollar lost about -2.26% against the global currencies [1], most Americans are actually [...]
In my net worth report, I estimated my house at $625,965 for August 2007. I figured I should go into more detail about how I did this. I have to say that I owe this method to The Dough Roller’s 10 Fun and Free Websites to Lookup the Value of Your Home (and your neighbor’s [...]
Thanks to the positive stock market close on the 31st, August was not as bad as anticipated. Last month, I started using NetworthIQ to track my net worth. After I entered all my information, the result was +0.19% net worth. My liquid assets went up by +2.71% from 21.74% to 22.33% of $1 million goal; [...]
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.60% |
| High Yield Checking Accounts | 1.46% |
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 12 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |