Taking out an add-on CD with a minimum deposit hedges the possibility that interest rates will go down.
Latest Blog Posts
My Credit Score Dropped This Much After I Paid Off My Mortgage
Paying off your mortgage can make your credit score drop, but maybe that’s OK.
Pension Choices: Lump Sum, Single Life Or Joint & Survivor
How do you decide which payment option is the best for your pension? A lump sum, lifetime monthly payments, or a joint & survivor pension?
Best Index Funds and ETFs at Fidelity
This article lists the best index fund and ETF choice for each asset class when you invest at Fidelity.
Save Early Versus Experience Early
While saving early is a great, prioritizing experiences over income and saving for retirement in early life can be a better strategy.
Best Business Checking Account For Self-Employment
The best business checking account for your self-employment business when you don’t deposit or withdraw physical cash: no minimum balance, no monthly fee, accepts direct deposits and direct debits, pays good interest.
Retiring Early: Effect On Social Security Benefits
Retiring early means lower average earnings for calculating Social Security benefits. However, once you reach the second bend point, you aren’t losing much. I show you how to see when you will reach the second bend point.
See A Doctor Out of Network And Pay Less Than The In-Network Rate
Having a very high deductible on health insurance gives you the freedom to choose any provider and pay less than the rate you’d otherwise pay through insurance.
Paying Estimated Taxes: Amount, Timing, and Mechanics
Paying estimated taxes based on previous year’s tax is the easiest. Estimate your income and taxes only when you have a large drop in income.
Absolute Value vs Relative Value: Doing Nothing Is Not The True Alternative
Be careful when you hear an argument based on the value over doing nothing, because doing nothing is almost never the true alternative.