According to economist Zvi Bodie. In a Money magazine article he says that if you need the high return of stocks to reach your goals then you can’t afford to invest in stocks. You should read the article to get all the details but this is a general summary of what he says. He states … Read more
photo credit: kevinzhengli Some of you have expressed interest in what stocks I own. I’ve been reluctant to share this since I’m not a stock expert and I don’t want my portfolio to be seen as advice on what you should buy. I currently have twelve stocks in my portfolio. It would be better to … Read more
I switched my health insurance plan to a high deductible health plan(HDHP) that is eligible to be paired with a health savings account(HSA). My deductible only went from $5000 to $5200 a year but the policy is about $120 a year cheaper in addition to being HSA eligible. Not all health insurance with a high … Read more
The standard used to be 10-15% of your income should be saved for retirement. That still might be a reasonable standard if you start early enough, your investments perform well, and you’re confident that Social Security will provide a healthy boost to your retirement income. There isn’t really a one size fits all standard on … Read more