What does it mean to own bond mutual funds in your retirement account?


Today, we have an article from Roy, one of our regular readers, who is an expert in fixed income (bonds.) This is great because I really don’t know much about bonds. I know I’m lending money out and I’ll get some interest. I know I need to allocate 20% of my investment asset in bonds according to my risk tolerance. I read that’s it’s a good idea to avoid long-term bonds for now because the interest rate is bound to go up at some point and drive the bond funds price down. So currently, I have 20% of my investment portfolio in […]

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Save More for College with the Coverdell ESA

Save More for College with Coverdell ESA

One of my missions in life is to pay for our kid’s college education. My parents helped me with my education and that paved the way for our financially stable life. I know college isn’t right for everyone, but let’s save first and if he doesn’t attend college, we can always gift the account to other kids in the family or even earmark it for future generations. It’s better to sacrifice now and save up front than for our kid to be saddled with a big debt load. College cost skyrocketing Do you know how much college will cost in 15 […]

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Am I Addicted to Investing?

Am I addicted to investing? stock market rental property

My dad has an addictive personality. He drinks a bottle of red wine every day when he visits us in Portland. He likes Cabernet Sauvignon and it’s much more affordable here in the US than Thailand. I think a high import tax and the low demand cause the price to be quite high where he lives. He’s getting close to 70 and that’s probably too much alcohol at that age. He also had a gambling problem when I was young. He used to go to Las Vegas all the time to gamble over the weekend. Now that he’s not making much money, […]

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Financial Planning for the Masses: My Session with Personal Capital

Personal Capital review financial planning

I know I wrote about Personal Capital quite a few times recently, but I’m really excited with their services. They are bringing financial planning to the masses through their website. I think this will help many regular people who are unsure about financial advisors to understand financial planning better. The main website and portfolio analysis tools are free which is awesome for most of us. Personal Capital generates revenue by charging a fee if you sign on with their investment management services. Financial Planning Session Last week, I had a financial planning session with Michelle, one of Personal Capital’s financial […]

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