We are in the process of moving over to FinanceDad.com. Please com over and check out what we have to offer in personal finance, investing, budgeting, and much much more. The 401k maze site is too narrow and I feel like I have so much more to offer. Moreover, I wasn't thinking about how best to brand this site when I created the name. I am hoping to reach a much wider audience with this new site and attract a group of readers interested in my advice and style of writing. I feel like I can provide value to my readers and so I will try.
With company 401k plans (or savings investment plans) , you are forced to select from those options your company has selected for you, typically from around 15-20 or so plans. When looking back at my portfolio through Vanguard over the past year (and don't take past year performance as indicator of the future - rather as way to gauge what may transpire in the future, because typically - it goes the other way) I have found that my international stocks have made massive gains. Now, some may argue this is in part due to how hard they fell, which maybe true, however, they did gain in some cases twice as much as their domestic peers. Two of the international funds that have performed exceptionally well of which I am highlighting today and offered through Vanguard are (there are many other international stocks that have done well, but these are only a ... Continue Reading...
When I initially began blogging, my target was to help those people who were new to 401k plans and or investing, but in 18 months, I've been slowly expanding my reach to all things personal finance. Because I feel too limited by my domain name (401kmaze) - I will be slowly transitioning over to my new domain FinanceDad.com. I feel like I have the ability to create a memorable brand, provide valuable personal finance information to many people (from a father, accountant, and sole income providers point of view) while organizing the site in a much more effective and easy to understand way than it currently is. I'm writing this as well to get myself going on this new site because I know how important it can and will be to many people. I expect to have the site up and running by this weekend (Sunday the 20th) and fully ... Continue Reading...
If you're one of the many that foresee personal income taxes rising in the near future to pay for the current Obama administration plans, it may make sense to pay the taxes now, rather than later down the road, and switch your traditional pre-tax IRA over to a Roth IRA. There are likely multiple variables that should go into your decision, including, but not limited to: Do you anticipate having more income in retirement, hence higher taxable income than now? What about tax rates now versus the future? If you anticipate your income will increase and or tax rates will increase in retirement, and you've recently realized significant losses, it surely makes sense to match the switch now - as the cost of doing so is much lower. You may be better off leaving your investments alone and allowing the pre-tax dollars to grow to their fullest potential if you think tax rates and ... Continue Reading...
4/15/11 •test test test
12/18/09 •Check us out at FinanceDad.com
12/15/09 •International Mutual funds posting the best performance over trailing year