What Strategy Works For You?
Ever wonder why so many young people are afraid to start investing? If you read the financial sites online, or watch the financial news networks, the answer becomes clear. There’s lots of so-called experts telling us what to do with our money. Some advice is over simplified and inadequate. Other advice is unnecessarily complex. For someone just […]
6 Reasons Why Debt Is The Least Of Your Financial Problems
For an excellent debt and net worth tracking tool that’s 100% free, check out Personal Capital. The internet is full of debt pay-down stories and “How To” guides on getting out of debt. Debt is often characterized as the enemy or a ball and chain, but it’s not so bad compared to some broader and more significant […]
A Penny Smart, A Pound Foolish
Years ago I went to Ireland with a friend. We rented a car and drove from Galway to Kilkenny via the southwest peninsular route. Ireland is awash with beautiful landscapes and scenic drives lined with intricately built stone walls. The roads, however, can be narrow and tricky to navigate at times. One morning in a […]
If My 2 1/2 Year-Old Son Could Buy Stocks
Raising two kids is the most fun I’ve ever had. I’m only 2 1/2 years into the adventure, but the experience of having kids far surpasses the fun I had in my youth and during the time I spent traveling the world. Watching our kids learn, grow, and develop their personalities is more entertaining than I ever imagined. […]
Bollinger Bands – Basic Technical Analysis For Dividend Investors
It’s time for another installment of the series, Basic Technical Analysis for Dividend Investors. Last time, I introduced the subject of technical analysis and suggested that it should only be used as a secondary and supplemental tool after exhaustive fundamental analysis. This post will discuss one of my favorite technical indicators, Bollinger Bands. Technical analysis […]
Basic Technical Analysis for Dividend Investors
Does technical stock analysis deserve a place in a dividend investor’s tool belt? Yes, I think it does for adding insight to short-to-mid-term trends and pricing. But technical analysis should only play a secondary and supplemental role after exhaustive fundamental and qualitative analysis. Some dividend investors may steer clear of technical analysis entirely because it […]
That’s The Way I Want To Go
Two men from very different places in my life passed away in recent years. Both died almost instantaneously and without any forewarning. Both died in the presence of their peers. One died in retirement. The other died while still working. Loss of a Coworker One morning I learned that an hour before I arrived at […]
Diversifying with Multiple Streams of Income
Track all of your multiple streams of income and your net worth automatically using Personal Capital. It’s the best free money tool on the internet. Around my eighth birthday, my Mom took me to a bank to set up a passbook savings account for me. I used it to deposit birthday money I received from […]
Whooah, We’re Halfway There
Seems like yesterday my daughter was only three months old and I was putting together my list of financial goals for 2014. She’s nine months old now and I’ve never been busier in my life, mostly chasing kids around. Somehow I manage to get on the computer once a week to write about investing, personal […]
The Holy Grail of Travel
When it comes to time, money and travel, people fall into one of four categories: Backpackers – Lots of time, but a finite amount of money Vacationers – Enough money, but not much time Broke People – No money for travel and very little time Financially Independent Travelers – All the time and money needed […]
Spousal Roth IRA – Double Your Tax-Advantaged Savings
We opened a spousal Roth IRA in my wife’s name in 2013 and contributed $5,500 to both her’s and my Roth that year. We’ll continue to contribute the full amount to both of our IRA’s every year going forward, as long as we don’t hit any income limits. Mrs. RBD works her ass off as […]
Transferring Stock From Computershare to TD Ameritrade
Note: This same process holds true among other brokerages. For transferring shares to M1 Finance, the no-fee online broker for long-term investors, contact the transfer department in the FAQs for concierge service. M1 Finance is now 100% free. Read my M1 Finance Review here. I recently made a simple move that increased my passive […]
Myanmar And The Ugliest $1 Bill I Ever Spent
A while back I read a cool guest post by Money Graffiti on Budgets Are Sexy about the legality of writing on dollar bills. You can read it here. It reminded me of a story from my 14-month backpacking trip about a special and very ugly dollar bill. A consistent necessity throughout my trip was exchanging […]
New Rental Property on the Horizon?
About a month ago, we had a really lousy week in the RBD household. In an effort to save some money, Mrs. RBD made a vegetable stock out of veggie scraps she had been saving. After eight hours in the slow cooker, she strained out the globs of celery, carrots, onions and potatoes to produce […]