Stop Loss—How Investors Can Lose the Right Way

A stop loss order can prevent significant losses for an active trader Photo: windy_sydney The market decides how much money you make trading; you decide how much you lose. At least that’s what the professional traders I know tell me. So how do they decide how much money they are willing to lose on a […]


Quarterly Estimated Taxes: Due Dates and Payment Strategies

Due you owe quarterly income tax? If you do, don’t miss the estimated tax deadline. Photo: OhioProgressive There are a lot of things to like about being self-employed. Estimated taxes is not one of them. If you are self-employed, a freelancer, or earn other income that is not subject to withholdings, paying state and federal […]


A 12-Month Plan to Revitalize Your Finances

With a little planning and effort, these 12 financial goals can help make 2013 a success. Photo: gordonflood.com With the start of a new year, it seems appropriate to think about how we can make 2013 a financial success. But rather than making some New Year’s Resolution about getting out of debt that we won’t […]


A Complete Guide to Roth 401k Conversions

Now anybody can convert an existing 401k into a Roth 401k, so long as your employer offers the Roth alternative. Roger Smith Roth IRAs have been a popular form of retirement savings for some time. And while there are income limitations that prevent higher income workers from opening a Roth IRA, since 2010 these limitations […]


The Debt Movement–It’s Time to Stop the Insanity

Every time you borrow money, you’re robbing your future self–Nathan W. Morris Debt can destroy lives. I saw my parents struggle with mountains of debt when a business failed. I have friends that let debt drive them into bankruptcy. And my wife and I once had our share of debt. We had it all. We […]


The 2013 Tax Hike–What You Need to Know

Taxes to rise for everybody in 2013 (Source: WSJ) As you’ve probably heard by now, our leaders in Washington have reached an agreement on tax hikes for 2013. While higher rates for the wealthy have dominated the news coverage, the deal reached actually raises tax on all workers. While most of the tax hikes hit […]