How Anybody Can Evaluate a Business Like Warren Buffett

Asset Location

Reading a book you can’t put down is like when you watched fireworks as a kid on the 4th of July–you didn’t want it to end. The Warren Buffett Way is such a book. I devoured the first edition purchased for $4 at a used book store located on 17th and K Streets in Washington, D.C. […]

Published or Updated: March 20, 2015

DR 167: Interview with Josh Peters of Morningstar

Ultimate Dividend Playbook

Josh Peters is director of Equity Income Strategy for Morningstar, and has been for over 10 years. He is also the writer and editor of Morningstar DividendInvestor, the newsletter that is built around the portfolio that he manages. He is also the author of The Ultimate Dividend Playbook. His strategy is to emphasize the production […]

Published or Updated: March 18, 2015

7 Credit Cards That Offer Credit Scores for Free

In the recent podcast on How to Track All 3 of Your Credit Scores, I mentioned that I would have a follow up article that tracked all the cards that offer free credit scores – whether it’s an official FICO score or not – and the credit bureau the data are drawn from. Here is the promised article, […]

Published or Updated: June 11, 2015

DR 166: How a Husband and Father of 3 Retired at Age . . . 33

Early Retirement

Imagine retiring at the age of 33, after just 10 years in the workforce. A fantasy you think? Hardly. I interviewed Justin, founder and owner of the blog RootOfGood.com, where he discusses the financial aspects of early retirement, as well as the psychology behind it. This was an enlightening interview on a number of fronts. […]

Published or Updated: March 14, 2015

Financial Freedom Calculator – How Much Should You Save?

Financial Freedom

How much should you be saving? It’s a question that we ask a lot, and there are a number of rules of thumb. One answer is based on the 50/20/30 budgeting system. Popularized by Senator Elizabeth Warren, this rule of thumb suggests we should be saving 20% of our income. Any general guideline, however, has […]

Published or Updated: May 12, 2015

DR 164: Risk Parity Portfolio Construction with Dar Sandler

Dar Sanders

In his book, Money–Master the Game: 7 Simple Steps to Financial Freedom, Tony Robbins describes what he calls an All Weather Portfolio. It’s very heavy in bonds, commodities, and gold, which makes it a questionable approach to investing. Yet it’s loosely based on an investing approach called risk parity that’s used by Ray Dalio of […]

Published or Updated: May 25, 2015

8 Key Financial Numbers for 2015

Key Financial Numbers 2015

As is the case each year, important numbers – related to income taxes, retirement, gifts and Social Security – are adjusted to reflect changes in the Consumer Price Index (CPI) or in regard to changes in the law. The folks at T. Rowe Price put out a cheat sheet on all of these number, and […]

Published or Updated: May 4, 2015

DR 163: The David Swensen Unconventional Success Portfolio

Unconventional Success

Davd Swensen manages more than $20 billion in assets as the Chief Investment Officer of the Yale endowment fund. Several years ago he distilled his investment knowledge and experience into a book, Unconventional Success, for the average investor. The book is an excellent guide to low cost, passive investing. One of the many great aspects […]

Published or Updated: February 27, 2015

How to Adjust Your Tax Withholdings for a $0 Return

Tax Withholding

It’s still early in the new year, and certainly early enough if you’d like to adjust your tax withholdings to a more accurate number. Most of us are aware that we can do that simply by filling out IRS Form W4 with our employers. The form enables you to adjust your income tax withholding by […]

Published or Updated: April 24, 2015