Archive for March, 2008

Hiring a Financial Advisor: Don’t Settle for 1% Fee

As you all may know by now, I listen to the Marketplace Money program on public radio every week via their podcast. It’s a great program. It always has interesting topics and their economics editor Chris Farrell always uses plain English when he answers questions. Chris Farrell recently started a blog Getting Personal where he [...]

TFB’s Stumbles: Week Ending March 28, 2008

Here are some interesting articles. Some are from last week which I didn’t have room to include.
What Moves Mortgage Rates? (HSH Associates) - Excellent article from HSH Associates on what determines the mortgage rates. If you are in the market for a mortgage, their free weekly e-mail newsletter Market Trends is very helpful.
Things Can Always [...]

SmartyPig: A Simpler Way to Save Or A Fee Trap?

[This post first appeared as a guest post on Free Money Finance on March 19, 2008. Last updated on March 26, 2008 with two footnotes. This is NOT a "sponsored" post. I've had no private contact with anybody related to SmartyPig. ]
Smarty what? That was my first reaction when I read about SmartyPig on Netbanker [...]

Uncover The Hidden Fees In Your 401(k) Plan

Marketplace Money, the personal finance program on public radio, had a segment on 401k plan fees a few weeks ago. The host Tess Vigeland interviewed pension consultant Matthew Hutcheson, who said 90% or more of all the 401k plans pay 3-3.5% in fees. Here’s a quote from the transcript:
Vigeland: How high do some of these [...]