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From Financial Fitness - view blog entries - visit this blogFebruary 22, 2008 at 12:04 pm ET
Well, it's not as good as the $7800 last year, but then again I am glad we are getting closer to 0 back/0 owed.After such a huge refund last year, we upped the income tax ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 21, 2008 at 12:23 pm ET
Am I the only one that thinks this is INSANE?I am trying to get a straight answer on the spousal Roth IRA contribution limit.Yeah, good luck with that.108 pages? What the hell?!?! WHY is this ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 20, 2008 at 12:39 pm ET
This hasn't been fun since October, when month after month were healthy high 4 digit/low 5 digit gains. Our accounts are pretty flat right now.A net $10k gain this month.But after a net $25k loss ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 18, 2008 at 12:51 pm ET
Debt Warp is where your lifestlye is out of proportion with your income and net worth.Like these people."...and they are nearly $300,000 in debt—$230,000 in student loans and $60,000 in credit card debt.""They pay more ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 17, 2008 at 6:25 pm ET
For those playing along, you know I drive a '92 Acura Integra (bought brand new).Wondering what % it represented of the Balance Sheet, I estimated it's value, divided by Balance Sheet, and:.28%True, the car is ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 15, 2008 at 12:42 pm ET
Just got the 2008 property tax bills.$5609.42 for primary residence (up $630) and $2881 for rental house (up $65).We contested the primary residence 3 years ago and WON, translating into a reduced tax bill for ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 14, 2008 at 4:04 pm ET
My Gawd, what idiocy.I am convinced beyond doubt that CNN, CNBC, et.al. have no idea how to talk about financial fundamentals and so focus solely on chasing provocative "stories".AreWeAboutToEnterARecesssion?!?!? HaveWeAlready?!?!?!?Look, this it the tail ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 13, 2008 at 11:47 am ET
So I've been getting the renewal notices in the mail for the last couple months.I've been procrastinating until the week the subscription expired (that's NOW) because renewal is $245.Resigned to bite the bullet, I called ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 12, 2008 at 12:42 pm ET
And no, same category index funds are not all created equal.Last year I exchanged The Growth Fund of America for Vanguard's Total Stock Market Index Fund (symbol: vtsmx).Large growth was overrepresented in our retirement funds' ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 11, 2008 at 12:53 pm ET
Yeah, thanks for nothing. Literally.I only go to Costco with a pre-defined list (too easy to get sucked into movies/music/clothes).I thought I was pretty safe sticking to, oh, detergent, sugar, coffee, paper products...stuff like that.Not.True.Going ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 8, 2008 at 11:18 am ET
I've never liked target date mutual funds. I haven't liked actively managed mutual funds in general for 8 years now. Sure, let the Behavioral Finance Expert in you judge me for reacting emotionally, ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 7, 2008 at 12:16 pm ET
I met her in my local coffee house last night to help her with her credit card debt.Or so I thought.She (D) had called the group I volunteer as a financial counselor with, saying she ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 6, 2008 at 10:45 am ET
OK, giving it more thought, I think the market has way more excess to work off (BEAR) and I have nothing to lose in waiting to rebalance into Vanguard Value Index and Russell International Growth ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 5, 2008 at 12:52 pm ET
After my freak out session yesterday, where I realize I only have ~42% of retirement holdings in stock assets, (after counting the rental house as part of retirement mix), I decided that I am going ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 4, 2008 at 4:53 pm ET
Every February I look at our retirement accounts and % in each asset type. For some reason, even though I think of our rental property as part of our retirement assets, I have failed to ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 2, 2008 at 1:52 pm ET
Bless His Heart, but Hubs is a clutter bug. I love him...but Good Lord we have model airplanes from when he was little, cheap looking plastic Gundam models, boxes and boxes of unmade models.He has ... ( more)
From Financial Fitness - view blog entries - visit this blogFebruary 1, 2008 at 11:46 am ET
tap tap tap hello?!?! Anybody there?!?! Feb 1 here and we still don't have our 1099s from you people!!!Same thing last year!!!Sitting around, waiting til your 1099 showed up in the mail so I could ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 31, 2008 at 11:19 am ET
While on my way to a store yesterday, I impulsively dropped by a downmarket shoe store.I thought what the heck, maybe they have what I have been looking for: brown leather mary jane flats.They had ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 30, 2008 at 1:41 pm ET
I was talking to a cousin who is interviewing for a new job. She has been in Health Care for over a decade as a database administrator.She didn't go to college, but has had on ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 29, 2008 at 11:58 am ET
It might be our socioeconomic background (working/middle class), but when I talk finances with our older relatives, I often hear statements of fear."The stock market will go down to 0"."The market is just gambling"."The stock ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 25, 2008 at 7:02 pm ET
I am a sucker for NV Perricone. Having approached, and passed, the vanity-smashing 4-0 I can confirm that yes, a woman's skin and hair start changing dramatically.So, a couple of years ago I started using ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 24, 2008 at 1:05 pm ET
I volunteer as a financial counselor. But sometimes it feels I play the role of Truth Confirmer.Many times I counsel people on truths they already know. Yet they still look to someone (me!) to pull ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 23, 2008 at 12:22 pm ET
Well the joke sure is on me. I actually BELIEVED that there was a degree of decoupling diversification by buying in developed (EAFE)and emerging (non US and non EAFE) markets.In watching my developed and ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 21, 2008 at 11:45 am ET
We had a $24,793 loss this month. The loss is even worse though, because the Balance Sheet includes money we put on it this month; remove that amount, and...well I'd rather not go through ... ( more)
From Financial Fitness - view blog entries - visit this blogJanuary 16, 2008 at 4:59 pm ET
Well what do you know, our boy Casey is back in the limelight, on Dr. Phil no less.Watch him rationalize! Watch other train wrecks too! My favorite quote from the show:"For me to be ... ( more)
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