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Yielding Wealth | Personal Finance

Archive for January 2008

January 21st, 2008

Beating the Bear Market: Focus on Allocations

One of the keys that Paul Farrell mentions in his MarketWatch article on beating the bear market is the importance of allocations:
Once you determine exactly what asset allocations fit your particular needs, stick to them. Remember, the mix of specific indexes is crucial, not the specific funds. Rebalance when necessary to bring your portfolio in […]

By miranda -- 0 comments

January 18th, 2008

Fix the Economy By…Spending More

Not too long ago (last week), I mentioned that a $500 tax rebate idea for stimulating the economy was getting kicked around. That idea has been modified to a tax rebate in different amounts for different people, and is expected to be one of the points of a Bush economic plan. And it will probably […]

By miranda -- 5 comments

January 17th, 2008

Ask the Piggy Pank: Fair Tax v. Flat Tax

I recently received the following from a reader: What is the difference between fair tax and flat tax?
With tax season coming up, and with presidential candidates talking about tax plans (Mike Huckabee is especially vocal about fair tax), this is an exceptionally timely and relevant question. Here are the basic differences:
Fair Tax
This is a term […]

By miranda -- 31 comments

January 17th, 2008

Guest Post: Other Factors of Retirement Planning

There is more to retirement planning than just the part where you save money for retirement. Indeed, there are other factors that will affect how your money will be spent — and how long it will have to last. This guest post addresses some of the other factors to consider in retirement planning.
Focus on Your […]

By miranda -- 0 comments

January 16th, 2008

Beating the Bear Market: Plan for Long-Term Investing

We’re heading into a recession in the U.S. economy, and a bear market is coming in terms of stock investing. I’ve been posting advice from Paul Farrell’s article on MarketWatch, “Ten resolutions that will help you survive the coming bear market.” All sorts of words of wisdom about practical investing in these perilous economic times. […]

By miranda -- 2 comments

January 15th, 2008

Odd Blog Couple: Military Spending and Health Care

I’m paired with Taxgirl for B5 Business Channel’s Odd Blog Couple. Here is our question:
If you could increase federal spending in one area and decrease it in another, what would you choose?
First, though, I’ll mention the decrease. Military aid to other countries. We spend billions propping up armies in a variety of countries. 9/11 […]

By miranda -- 6 comments

January 14th, 2008

Beating the Bear Market: No-Load Index Funds

There are investments to be made, even in a bear market. As we continue to look at the Paul Farrell MarketWatch article about beating the bear market, we find some good investment advice:
You don’t need a broker nor funds run by active managers with high expense ratios. Protect your nest egg by investing in low-cost, […]

By miranda -- 1 comment

January 14th, 2008

Odd Blog Couple: Government Spending at Taxgirl

Taxgirl and I are doing the Odd Blog Couple. It’s very exciting for me because it’s about government spending. I love politics. And I love sharing my two cents about what the government could do better.
The problem? Well, Taxgirl and I agree pretty well. So there’s not going to be much of a fistfight. Read […]

By miranda -- 0 comments

January 11th, 2008

More Bad Economic News

Your personal finances may be in greater need of help as the recession approaches. Yesterday Fed chair Ben Bernanke talked to Congress about economic news. The man doesn’t often parse words, and what The Australian reports of Bernanke’s report is no exception:
“A number of factors, including higher oil prices, lower equity prices, and softening home […]

By miranda -- 0 comments

January 9th, 2008

Beating the Bear Market: Saving Some of Your Income

Today’s words of wisdom from Paul Farrell’s MarketWatch article on ten things that can help you beat the bear market are rather simple: save. Farrell recommends that you set aside 15% of your income in some sort of savings, whether it’s retirement accounts, stock investing or some other vehicle. But he also says that 10% […]

By miranda -- 0 comments