Ever since I’ve found a part-time job leading to some steady source of income, I have been slowly saving up for contributions to my Roth IRA. After plenty of research and an assessment of risk tolerance, I designed the retirement portfolio that I will be working towards. Here is the asset allocation and funds I [...]

Recently, I got a visit from a friend and he revealed his current financial status to me. Although he has a seemingly stable job, he’s burdened with many financial responsibilities and debt that are typical of most college graduates. They include: Student loans Car loans + insurance Credit cards (~$10,000) Living expenses (rent, food, and [...]

Here is the typical routine: You’ve being researching a stock for the past two weeks and watch it closely for a good buying opportunity. Finally, a day comes when the share price is perfect and you hop on the computer and load up on shares. A week later, the stock tumbles to half its value. [...]

I’ll probably receive a bunch of dirty looks from the folks who just lost a substantial part of their nest egg. Oh well, it is just my opinion on the failing economy. Why am I hoping for this? During the small recession in 2004, I didn’t know anything about the stock market, investing, or the [...]