Archive for the ‘Retirement’ Category

Don’t worry about not being able to contribute more to your 401(k)

Monday, October 19th, 2009

Sun's Financial Diary reported that the 2010 contribution limit for 401(k) accounts will remain at $16,500.  The announcement came from the IRS Thursday.  There had been speculation that the contribution limit could be reduced in light of a decreasing CPI (and, indeed, the CPI is down from a year ago.) Sun ...

News flash: Dave Ramsey’s stock market defies the law of gravity!

Sunday, August 30th, 2009

Over at the MBN Forums there was some discussion about a short video presentation called Drive Free, Retire Rich over at Dave Ramsey's website. The first part of the presentation (up through Slide 11) was very well put together, and showed perfectly the value of buying used over borrowing and buying ...

Don’t fear hyperopia and go into debt

Wednesday, July 22nd, 2009

This month's Wired magazine (subscribe) had a review of a couple dozen rules for tech-savvy folks, and one of them dealt with the subject of hyperopia.  Hyperopia means "excessive farsightedness" and describes people who sacrifice today for gain tomorrow more than most people do.  The negative consequences of hyperopia are ...

Count the cost, both present and future

Saturday, July 4th, 2009

"For which of you, intending to build a tower, does not sit down first and count the cost?" Luke 14:28 First off, Happy Independence Day to my American readers.  Happy July 4th to others. ;) Gary North's Tip of the Week (subscribe for free in the upper right of this page) was ...