Life Insurance Term
Before getting into different insurance products, first of all, we all know that life insurance companies are not non-profit organization. That mere fact simply means that on the average (almost like gambling), you are likely to lose from buying the life insurance than gaining from it (at least financially). However, there are rules, assumptions, and […]
Continue readingQuit Lag
Life changes rarely happen alone. I mentioned here the birth of my daughter in February. My mother-in-law has been staying with us since then. However, she’s leaving next week. After some long discussions, my wife and I decided that I’ll be the one staying at home to take care of our daughter for a couple […]
Continue readingNetworth Review For March 2007
For the month of March from 3/1/07 to 4/1/07, Net worth is up by 3.28%. Value of my company holdings (stock options, ESPP, etc.) is down by 5.35% partially due to my liquidation. Everything else excluding my home and cash is up by 4.54%. If including cash in #3, it’s up by 3.46%. My portfolio […]
Continue reading529: Planning An Early Retirement Part 2
In Part 1 I laid out the basic question we’re trying to address: Since the money inside a 529 plan grows tax-free, is there a break-even point, beyond which it’s more advantageous to invest in a 529 plan than in a regular taxable account even after paying penalty. I showed that the tax advantage of […]
Continue readingAn Update On The $600k Home
After many thoughts about this home, the sticking point has really been the second-rated school district (but still better than probably 85% of the schools in California). Despite that the performance of a school district changes year from year, I just can’t make myself commit to it. However, one really positive point about that home […]
Continue readingMuffin Calculator: Little Savings That Goes For A Long Way
This article is from Frugal Duchess. She writes a weekly column in Miami Herald, and had been a stringer for People Magazine. In the past, she worked at Institutional Investor’s newsletter division in Manhattan, covering IPOs, M&As and LBOs, CMOs and the rest of the financial alphabet. I hope you will enjoy her frugal tips […]
Continue readingTwo Must Do Saving Tips!
You may not want to clip coupons, or you may not go to discount stores. But at least, you should follow these two effortless saving tips that will save you big money in the long run: Earning interest from idle cash: Open an Emigrant Direct Saving account at 5.15%, or HSBC or Capital One accounts […]
Continue readingMy Investing Advice If You Only Have $10
What can you do with $10? There is not much that I can suggest, not meaning to be cynical. I suggest two things: Put the money in a very high yield money market. Buy a cheap book or subscribe to a financial magazine to learn more about investing. Truthfully, you should forget about investing, and […]
Continue readingMy Biggest Financial Blunder
My biggest financial blunder is not using my parental gifts wisely. Most people don’t use their parental gifts wisely and spend through it. I’m at the opposite end of the spectrum. I didn’t use it wisely, because I did NOT use it. If you have read the composition of my 1st million dollar, the money […]
Continue readingWhy I Would Choose Emigrantdirect Over Others?
Obviously, when opening a bank account, interest yield is very high on my list. The more important thing than having the absolutely highest yield is whether the bank is consistently competitive in offering their bank yield. You don’t want to open a bank account and several years later go through all the hassle of moving […]
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