My 401((k) asset allocation is too aggressive. I have been reading a few books (e.g., The Intelligent Investor by Benjamin Graham and Wise Investing Made Simple by Larry E. Swedroe), as well as a few investing sites. I am now at a point where I think 100% equity asset allocation for my 401(k) is too … Read more Changing My 401(k) Asset Allocation
Financial Freedom and Personal Finance Success by Moolanomy.comMoolanomy Personal Finance Blog is home to the 12 Steps Guide to Financial Freedom and Personal Finance Success. We discuss financial concepts in an easy to understand language to help you improve your finances and better your life.
When I mentioned that I failed to get into a medical school, Jonathan of My Money Blog said, “The main thing is that if you go into medicine for the money, you’ll be much less likely to succeed and the money won’t be worth it.” I fully agree with his comment and it reminds me … Read more The Three Stonecutters
You may have heard the phrase beat the market. In this case, the market usually refers to the S&P 500 index. There are other U.S. indices such as, DJIA, NASDAQ 100, NASDAQ Composite, Russell 2000, Wilshire 5000, and many other domestic and international ones. However, the S&P 500 is by far the most used benchmark … Read more What Does It Means to Beat the Market and How I Did It
There are numerous posts and articles on this topic, but what the heck I will add some more to the information highway. From my personal experience, I can sincerely say these are the biggest money wasters around (not in any order): Memberships that you never use — e.g., gym membership anyone? Subscriptions that you never … Read more Top 10 Money Wasters, Are You Guilty?
I have been investing in the stock market for nearly 10 years and acquired quite a bit of experience and knowledge (mainly through making mistakes). I’ve never codified on to a piece of paper until today. Before I begin, I want to give credit where credit is due. This post was inspired by CommodityWorld.com’s Common … Read more 35 Rules of Common Sense Investing
A week ago my wife bought me a book, Rich Dad Poor Dad by Robert T. Kiyosaki. This book has been around for many years, but I didn’t read it until my wife threw it on my lap. My first reaction was inspired and mesmerized — the book got me thinking about money and wealth … Read more A Review of Robert Kiyosaki’s Rich Dad Poor Dad