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% of take home income saved??

Posted by singletrck on 3/26/2007 at 8:44 PM | 17 comments | 674 views
I know it obviously depends on the person and his/her situation. But just curious what % of take home income (excluding 401k) everyone is targeting for savings. . . I'm shooting for 10%, but still have a long ways to go!!!

One of the many messes we are in....what's next in the process and/or cycle?

Posted by project60 on 2/7/2008 at 1:14 PM | 15 comments | 120 views
Is a another cut around the corner? It didn't seem to help the stock market (now that is) and/or put money in our pockets. A cut in short term rates never guarantees long term rates to fall, although it did seem to increase the spread for banks. More profi [...]

College costs will undermine net worth

Posted by danalyst on 10/16/2007 at 1:26 PM | 15 comments | 262 views
Although I appear to have a healthy net worth, big-time college costs are arriving just as I'm in my late fifties and thinking about the next stage. I have two already in (private) colleges, and as soon as the oldest graduates, his sister will start, so th [...]

Is pinching pennies really the road to wealth?

Posted by the1gofer on 10/4/2007 at 12:56 PM | 14 comments | 426 views
" ... Is it? Will I really find riches at the end of the tightwad road? I don't think so. Their's nothing wrong with saving money, and thier's nothing wrong with being careful not to waist money, but here are some good reasons it wont make rich. ... "

Early Mortgage Redemption: Why Not?

Posted by carr_likean on 6/12/2007 at 8:43 PM | 13 comments | 584 views
It has become quite trendy to advise against paying off the mortgage on one's home ahead of schedule. The argument used to support this advice is that, since the mortgage interest rate is usually quite low and the mortgage interest payments usually tax-ded [...]

How much of your networth should be in your house?

Posted by MrSmith on 4/13/2007 at 12:53 PM | 10 comments | 850 views
How about it millionaires (and millionaire's in the making) what should be the ideal % of networth with respect to your primary residence?

Chasing a stock, instead of heading it off

Posted by project60 on 3/21/2008 at 10:17 AM | 10 comments | 90 views
Recently I have been watching the market cycle and IPO's. The last two days I tried my hand at it, although found myself chasing the stock instead of heading them off and buying it. I have done well picking companies, although I have not excercised the bu [...]

Beware free investment advice

Posted by azphx1972 on 9/19/2007 at 12:50 PM | 10 comments | 338 views
It seems that lately I've been reading a lot of bad, and even potentially dangerous financial advice from self-proclaimed gurus or young bloggers who think they know more about the market and personal finance than the rest of us. Everything from not parti [...]

Lawn Mowing Expense: $21,600

Posted by MrSmith on 3/31/2007 at 1:19 PM | 9 comments | 572 views
Safe Deposit Box Expense: $1,120.00 Home Owners Association Expense: $2,000.00 Pet Care: $4,000.00 Trash Bill: $2,880.00 ...and so on. Why does it cost so much you say? hee hee... I've decided if I ever intend to retire early, all of my assets [...]

I've had just about enough of this stuff-n-nonsense

Posted by 444 on 3/17/2008 at 5:14 PM | 9 comments | 102 views
Ouch! Sold some funds/ETFs/stocks and will be sending the proceeds directly to the greedy credit card companies, starting with the greediest ones first. Then will be locking those cards up tight and hiring someone else to bury them in a location accessib [...]