Finances

The Terrible Truth About the 401(k): PART II

Some thoughts from people much smarter than I am:

http://money.cnn.com/2007/10/08/pf/expert/expert1.moneymag/index.htm?section=money_pf (Fred’s article)

http://robots.cnnfn.com/2007/09/25/pf/expert/expert.moneymag/index.htm

http://www.investmentu.com/IUEL/2005/20050929.html

http://financialrevolution.blogspot.com/2006/03/why-you-can-beat-market-mutual-funds.html

http://www.personalfund.com/learnmore.html

The Terrible Truth About the 401(k)

In 2004, 92 million individuals in the United States owned mutual funds. That’s almost half of all U.S. households compared to only 6% of all households in 1980. 92% of those 92 million said they invested in mutual funds to save for retirement. The advent of tax-deferred vehicles like IRA’s and 401(k) plans helped encourage [...]

How much would you pay for a money machine?

Let’s say you could buy a machine that could legally spit you out money on a regular basis. For simplicity sake, lets say annually. How much would you pay it? Would it depend on how much money the machine could spit out? Well the machine gives you $100 per year. Let’s say you could buy [...]

Investment Clubs - Part I

One of my favorite albums is Like Water for Chocolate (shout out to my Chi-town family). If you know the album there’s a track called The Questions that I really dig, the following article addresses the questions you should ask when considering investment clubs. Investment clubs have been around for decades and have helped everyday [...]

hedge funds the new m.b.a.?

a growing trend among twenty-something graduates looking to make it big is foregoing a graduate degree in business after a few years experience and cashing all of their chips into hedge fund practices at some of the world’s top firms. poised with tools of mathematical quickness and financial modeling, wall-street movers like gabriel hammond are [...]