Entries from June 2009

June 7, 2009

$8,000 At Closing

Pass this around.  This is the latest on the use of $8000 of Federal First Time Home Buyer tax credit money for the down payment and settlement costs of buying a home.

June 3, 2009

Here’s to You Mayor Hollister!

June 2, 2009

What does 200% turnover mean to you?

When a fund is turning over the stocks in your mutual fund like a rotisary chicken, you pay dearly for it. I recently analyzed a fund mix on the popular Fidelity funds on a 401k palet ? the average turn over was just under 200%! This translates into over 4% cost inside the fund in [...]

June 2, 2009

What should an investment manager do for you?

Rather than participating in all of the speculative hype so prevalent on Wall Street, your money manager should help you focus. Keep costs low, diversify and rebalance – over and over again ? this WILL give the best of returns with the lowest cost. Less activity, more investing.

June 2, 2009

Avoiding Black Swans

We would be far better off if we learned to avoid Black Swans. These three suggestions are priceless.