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News and Links

by Flexo

Here’s what’s going on in the media today: * CNN’s Gerri Willis talks about prenuptual agreements in her “5 Tips” column. This might be an issue that people in love don’t want to talk about, but it is important to discuss, especially if there are or will be children in the picture. * My checking ... Continue reading this article…

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Account Balances, May 2005

by Flexo

Below are my account balances for the end of May, 2005. The balances are displayed next to the two previous months as well as May, 2004 for comparison. I’m slowly making my way, despite May’s net worth being a little lower than April’s. Some notes: * There is a value listed for my 2004 Honda ... Continue reading this article…

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Introduction to Hedge Funds

by Flexo

Hedge funds have received a bit of negative press lately. Here are just some examples from MSN Money (“Billions of dollars in hedge-fund money disappeared into thin air amid the GM mess”), Marketwatch (“Treasurys rise on hedge fund woes”), and The Herald (“Complex hedge funds criticised”). I’ve heard the term over the past several years, ... Continue reading this article…

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Account Balances – April, 2005

by Flexo

There was nothing surprising during April. I did make some changes to my accounting methods. For instance, I have new accounts in Quicken for money that is due to me, such as Google AdSense and Upromise. Speaking of AdSense, I received my first check this month. I never meant for this website to make money, ... Continue reading this article…

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Two Stories On The Web

by Flexo

Tracy Harger, a recovering mutual fund addict, tells her story of how she became a junkie and how show finally broke her habit. Moral: just like other vices, everything can be acceptable in moderation. Amy Chan Hilton and Edgar Hilton have or are finishing their doctorates in engineering and currently have a combined income of ... Continue reading this article…

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Getting House-Purchasing Help From Parents

by Flexo

Many people I know are buying or have bought their first houses with help from their relatives. It’s great that parents and grandparents are able to help the new buyers out with getting their feet in the door that leads to a great wealth-building opportunity. There are, of course, some issues to consider if you ... Continue reading this article…

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401(k) Getting Whacked By The Market?

by Flexo

I’m sitting in a suite at the Renaissance Esmerelda in Indian Wells, California, not far from Palm Springs. It’s great to get away from reality for a few days, especially when family is covering the bill. I’ll be heading back to the Orange County area tomorrow, and back home to New Jersey on Saturday. I ... Continue reading this article…

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Wachovia Fees Going Up Again

by Flexo

Last September, I posted about Wachovia adding a $50 annual fee to its individual investor discount brokerage account. I was disappointed I couldn’t get it waived, so I decided that I would transfer my funds out in 2005 before getting charged another annual fee in September. The account termination fee was $75, so I’d be ... Continue reading this article…

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