How to Limit Taxes from Mutual Funds and ETFs–An Interview with James Rowley of Vanguard

Vanguard Investments

The tax implications of mutual funds and ETFs can make the tax code look simple. Unlike investing in individual stocks, mutual funds can generate capital gains even when you haven’t sold any shares of the fund. These distributions make asset location–whether to hold certain investments in taxable or retirement accounts–critical. To help us sort through […]

Published or Updated: January 21, 2015

Interview With Herbert Moore of WiseBanyan

Herbert Moore of WiseBanyan

Imagine that could use an online tool that could help you choose the asset allocation for your investments, whether in an IRA or a taxable account, reinvest all of your dividends, rebalance your portfolio as the value of your investments change, and perform even more complicated strategies, like tax loss harvesting. Now imagine that this tool […]

Published or Updated: January 21, 2015

A Guide to Tax Loss Harvesting & Robo Advisors

Tax Loss Harvesting and Robo Advisors

Tax loss harvesting is one of the few free lunches in the world of investing. With a little planning, you can reduce or even eliminate your capital gains in any given year. In some cases, you may also get a deduction from ordinary income of up to $3,000. Tax Loss Harvesting, sometimes abbreviated TLH, has come […]

Published or Updated: January 18, 2015

7 Ways to Harness the Power of Habit

7 Ways to Harness the Power of Habit

So much of our lives are lived on autopilot. We go about each day pretty much the same way we lived the previous day, and likely how will live tomorrow. From our morning routine to our drive to work, to our coffee break mid-afternoon, to dinner with friends in the evening, our habits control many […]

Published or Updated: January 15, 2015

Betterment vs. Wealthfront

Betterment vs WealthFront

Two of the biggest robo advisors are Betterment and WealthFront.  At first glance they may appear to be virtually identical.  Both create diversifed portfolios with similar low cost ETFs.  Both rebalance your portfolio, reinvest your dividends, and offer tax loss harvesting.  Both have slick, easy to us websites. But there are some significant differences between […]

Published or Updated: July 24, 2015

Are 401(k) and IRAs a Fraud?

How to Invest in a 401(k)

There’s been a steady rise in “victim mentality” propaganda.  We hear it a lot from certain politicians who want to convince us that the “system” is rigged or that “income inequality” keeps us from improving our lot in life.  Some talk about wanting to give us a fighting chance, as if America hasn’t already served […]

Published or Updated: January 18, 2015

8 Budgeting Moves to Make for 2015

8 Budgeting Moves to Make for 2015

With the start of the new year, January is the perfect time to evaluate your finances.  I did this recently, focusing on budgeting. I used to hate budgeting, but now I have a different view of it. I use YNAB, my favorite budgeting software, to make it easier. January is a natural re-set when it comes […]

Published or Updated: January 18, 2015

How to Automate Your 401k–An Interview with Blooom Founder Chris Costello

Chris Costello

The wave of robo-advisors (e.g., Betterment, WealthFront, Personal Capital) have one thing in common–they can’t manage your 401(k) investments. Today I have the opportunity to interview Chris Costello, the co-founder of Blooom. For $15 a month, Blooom will automate the process of selecting an asset allocation and rebalancing your 401(k) investments. It works with just […]

Published or Updated: January 12, 2015

DR 147: 10 Ways to Invest $10,000

Asset Location

A few weeks ago in the Dough Roller weekly newsletter I asked the following question: “What would you do if you came into $10,000?” I received a lot of answers.  What surprised me about the responses were how similar they were.  The varied in the specific details of how people would spend $10,000, but they shared […]

Published or Updated: January 8, 2015