Monthly Archives: April 2012

Finance Friday: A Back-Door Way to Make a Roth IRA Contribution

If your income limits are too high this year to make a Roth IRA contribution, there is a simple way to solve this problem. First make a non-deductible IRA contribution. Within a few days of making that contribution, convert your … Continue reading

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Need an Extra 4-5% Boost for Your Savings? Don’t Just Do Something; Sit There!

Stock investors and bond investors alike leave a lot of money on the table. That’s the conclusion from another annual study by Dalbar, a Boston-based research firm. This year’s numbers confirm a long-running trend: sitting tight is a profitable strategy … Continue reading

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Finance Friday: Virtual Private Lessons, Virtual Retirement Planners

One of the great benefits of technology is being able to interact virtually with experts. I’ve been taking “virtual” private lessons on the penny whistle (or Irish whistle, if you prefer) from Blayne Chastain in Greeley, CO. I’m in northeast … Continue reading

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Media Predictions, Hype, and Track Records

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We’ve all seen the ads on TV and in print for the “best” mutual funds to buy now, the “top 10 must own” investments for the year, etc. The authors of the articles associated with these ads present their oh-so-compelling … Continue reading

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Finance Friday: Avoiding Retirement Portfolio Losses

Probably the biggest risk a retirement portfolio faces is the risk of loss. The corollary risk is the risk of missed opportunity (such as a big gain), but I think I can show you the risk of loss is far … Continue reading

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Mega Millions Vs. Financial Forecasters

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Last week, there was a lottery drawing for a Mega Millions jackpot worth $656 million. Some estimates indicate over 100 million Americans lined up to buy tickets. And now the results are out: we know that there were a grand … Continue reading

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More Prediction Follies

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The cartoon above depicts what some describe as the “greed/fear” cycle of investing. As investors, we tend to finally jump into the market when it finally reaches a high point. You hear statements like “I don’t want to miss out … Continue reading

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