Smart Reasons to Save, Use and Invest Money

I think the MyRA will be a poor investment option

myRA…  Let me start by saying that it looks like is should sounds like it should be pronounced Mira, and that’s not necessarily bad, but it definitely doesn’t look like it should be pronounced “My IRA” like I’ve heard the president say during the State Of The Union address. Okay, why don’t I like theContinue Reading

Disappointing 2013 Stock Portfolio Performance But Promising New Start

I hate when this happens… Midway through the 2013, I was beating the Stock market indexes (S&P 500 and DOW) by about 10%.  I could do no wrong!  Then it happened, instead of all the right moves, I flipped over into bizarro world and everything that I did was wrong.  Not wrong enough to hurtContinue Reading

Tick, Tick, Boom: Insuring the Most Explosive Jobs

He thought to himself why on earth they’d even spend the millions to research and develop a robot that did this when he still had to sometimes. They could have given him a raise instead. Tick, tick, tick. Dozens or hundreds of lives depend on the decision our hero makes under pressure. Tick, tick, tick.Continue Reading

Does Kiddie Tax Create Inequality

First below is the basic information about what Kiddie tax is (this is from irs.gov)? If the child’s interest, dividends, and other investment income total more than $2,000, part of that income may be taxed at the parent’s tax rate instead of the child’s tax rate. See Form 8615 Instructions, Tax for Certain Children WhoContinue Reading

Smart Financial Move When You Need Quick Cash

The Smart Financial Move When You Need Quick Cash Managing your finances is a constant juggling act, and every now and then it will become a bit too much to handle. Life can be incredibly unpredictable, and this means that from time to time there will be sudden unexpected expenses that you have to face,Continue Reading