101 Centavos writes about career, gardening, cooking and eating well, speculating in mining stocks, tightwadishness and matters of personal finance, in no particular order. This is a random mish-mash of mini-topics that were jotted down in the blog journal, and never developed into full-fledged articles. Retirement What will we do after we retire? I [...]
Are You Prepared For Retirement?
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This is a guest post from Srinath, who is finance blogger who blogs at The University of Money. He is studying finance as his major the graduate school. His goal is to achieve Yakezie membership in the next six months. There are several questions that you need to ask yourself before you can even answer [...]
Staying Sane When You Move Back In With Your Folks
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Guest poster Harri from TotallyMoney shares her tips for moving back in with the folks after graduation. It was October 2009. I’d graduated a year previously from one of the top schools in the UK, brimming with arrogance, confident that waltzing into the workplace would be a cinch. A year on and I was wavering [...]
The Ultimate Roth 401(k) Guide
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More and more companies are now starting to offer Roth 401(k)s to their employees, which is great. If you have the option to invest in a Roth 401(k), I highly recommend it. However, there are important things you should know about this account, just like every other tax deferred account. What is a Roth [...]
Many Credit Card Rewards are Ending!
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Over the last two weeks, I’ve received several notices from some of my favorite cards that their program terms are changing. Many times I don’t read these notices, but these were different – they were changing the terms to my rewards programs! First, American Express lowered its rewards on dining from 3% to 2%. I [...]
So, Are You Well Off?
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Last week, I asked everyone, What is considered well-off? Well, here is what you said. First, there was a major overall theme that I didn’t even mention to start off: being debt free! I at least six individuals commented on how being debt free was essential to be considered well off. Along those same lines, [...]
The Trouble with Target Date Funds
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Target date funds have become the go-to investment choice for many Americans. In fact, they are now offered in over 80% of 401(k) plans nationwide. As a result, hundreds of billions has been invested in these funds. Why do Americans like them? Because they have the premise of being simple investments that happen to be [...]
Ask The Reader: What Is Considered “Well-Off” at 30?
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I was having an interesting debate with some friends over the weekend about what is considered being “well off” these days? Especially, what do you consider to be well off at 30? What about 40 or 50? While there were a variety of answers, I think that having $150,000 in cash and investments (not including [...]
Which Companies Have The Most Promising Stocks?
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In today’s economy, investing can be a big gamble. When investing in the stock market, it’s important to work with reliable stocks for your own financial protection. Below are lists of 8 retail stocks that have the potential to earn big in 2011, according to several reputable financial sources. Watson Pharmaceuticals (WPI) – Based [...]
Discover Student Cards Offer 0% APR Specials
If you are considering getting a student credit card to build your credit, you may have noticed how hard it is to get one with a good rate and rewards. That is why I was excited to find the Discover Student Open Road Card. This card is not only designed for students with little or [...]
The Best Ways To Maximize Your IRA Potential
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If you’ve read The College Student’s Guide to Investing, you know that an IRA is a great way to get started investing. And, you may have seen the 5 Worst IRA Mistakes Made Everyday. Today, I want to talk about the best ways to maximize your potential return in your IRA. First, it is important [...]
Happy 4th of July!
Happy 4th of July Everyone! I’m taking a step back from a normal beginning of the week post to give some recognition. First, I’m competing in the Tour de Personal Finance at My Personal Finance Journey! I would love it if you would support my progress, and maybe I can take the yellow shirt (which [...]
Why Should You Invest in the Overall Market Instead of Individual Stocks?
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First off, you may ask, “How do I invest in the overall market?” The best way to do that is to invest in index ETF’s such as the SPDR S&P 500 ETF, which is a “stock” that you can invest in that tracks the gains of the S&P 500. So that means if the overall [...]
