Far-Out Investment Strategies

There’s no time like the recently-passed 10-year anniversary of the Enron wipeout to revisit some solid pieces of investment wisdom. And one of those nuggets is of such all-encompassing sagacity that it can be easily summarized in a single word. Diversify. If you’ll remember the Enron affair, so insightfully captured in “The Smartest Guys in […]


Roth IRA Withdrawal Rules: How to Get Your Money Out Early

As a followup to Friday’s post on contributing to a traditional IRA and converting to a Roth IRA (i.e., funding a “back door” Roth) I wanted to spend a little time talking about Roth IRA withdrawal rules. This post was actually inspired by a comment from a reader named John who is interested in using […]


Contribute and Convert: Funding Our Roth IRAs Through the Backdoor

As a followup to my post earlier this week on Roth IRA income limits, I wanted to highlight how we typically make our Roth IRA contributions. For background, we’re in a relatively high (and variable) income tax bracket. Because of this, we flirt with the Roth income limits on an annual basis, and it’s hard […]


The High Cost of Convenience

The other night while on my way home from work, I was reminded of the high cost of convenience. We were in the mood for margaritas, so I stopped by the liquor store to pick up some tequila and mix. As it turns out, they were out of the mix I was after, but I […]


Eight Ways to Save Money When Eating at a Restaurant

Eating out is fun, relaxing, tasty…and darn expensive! The current tough economic times have forced a lot of people to trim their dining budgets, but it’s a hard thing to give up altogether. So in the spirit of indulgence — but within a budget — here are eight tips for saving money at the restaurant: […]


Roth IRA Income Limits for 2012

I recently wrote about Roth IRA contribution limits for 2012, which are unchanged from 2011. Today I want to talk about the current income limits for contributing to a Roth IRA. Here goes: Married Filing Jointly: Contributions phase out from $173k-$183k Single or Head of Household: Contributions phase out from $110k-$125k Married Filing Separately, Living […]


Restaurant Tricks That Make You Spend More

Casinos, grocery stores, and shopping malls are no longer the consumer outlets that are trying to use psychology to make consumers stay longer and buy more merchandise. Now restaurants have gotten in on the action, going to great lengths in order to use consumer psychology, menu engineering, and behavioral tricks to help separate us from […]


Discover More Balance Transfer: No Fees, 0% APR for 12 Months

Was one of your New Year’s resolutions to pay down your credit card debt? If so, then you might be interested Discover More’s newest 0% balance transfer offer. This card offers 0% APR on both purchases and balance transfers with no transfer fee and is thus far one of the best balance transfer credit cards […]


When are 2011 Taxes Due? Hint: It’s Not April 15, 2012

Believe it or not, it’s already time to start thinking about filing your 2011 income tax return. In the coming weeks, you should be receiving your W-2 form(s), a variety of 1099 forms, etc. And if you pay estimated taxes, your 4th quarter payment is due next week (on January 17th). So… With that in […]


Citi Bonus Cash Back Reward Categories for Winter 2012 – Plus a $100 Bonus

As a followup to my recent post about Chase Freedom bonus categories for 2012 (and their $100 signup bonus), here’s some info on the bonus categories for the Citi® Dividend Platinum Select® Visa® Card credit card… As you’re likely aware, many credit card companies have switched to a model where they offer a base level […]