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Roadmap to Financial Independence

To become financially independent you will first need a road map that will help you attain that level of independence. I have been playing around with some methods and I found that these were some good...

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Save Money and Obtain Financial Freedom

I was very fortunate to always get what I wanted when I was growing up. All I had to do was say I wanted something and sure enough I would get it. That made me into an impulsive buyer when I became an...

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Ruin your Credit 101

This is actually the not to do list. This is the way to the dark side of becoming financially independent. If you find yourself doing any the things listed here, immediately stop yourself. Apply for...

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The Difference of One House or Real Estate Property

A house or real estate property is by far the best investment to make if you can afford to right now. Benefits of Owning a House or Real Estate Property Forces you to put away money in the form of...

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Index Funds Save 33% in Compounded Money and Headache

There was a great post today at Get Rich Slowly that answers how investing in low fee index funds generates up to 33% more in savings. Using a comparison between low fee index funds with no-load versus...

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IRA Changes for 2008

2008 is here and along with a new year, there are changes. IRA-related legislative changes for 2008 are now as follows: You can now roll assets directly from a 401(k) to a Roth IRA – In the past you...

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Investors in Low 10% or 15% Tax Brackets are Tax Free in Capital Gains

From 2008-2010 investors that fall in the low and gifted 10% or 15% tax brackets will have great capital gains benefits. For the next three years from 2008 to 2010 in the tax brackets of 10% or 15%...

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Rich Guys Modified Harvard and Yale Stock Portfolio

Don’t you sometimes which that you had the big wigs at Harvard and Yale to manage your stock portfolio so that you can yield above average returns. Well keep reading and you will finally know how easy...

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Tax Efficient Investing with Exchange Traded Funds (ETF)s

The tax benefits of Exchange Traded Funds (ETF)s are clear once you know. They are an improvement on traditional index funds because they delay capital gains taxes because when the ETF stocks are...

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Basic Financial Planning Checklist

A quick little finiancial checklist to start you off right. This was first shared by Scott Adams and I though I should add it here. This is from Scott Adam’s book “Dilbert and the Way of the Weasels.”...

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