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Fidelity American Express Investment Rewards Cash Back Terms

January 22, 2013 by Long Pham

I recently applied for a Fidelity Investment Rewards American Express card (this is a followup post to: What The Best Credit Card Rewards Programs Aren’t Telling You) because of their unlimited 2% cash back rewards program. When reading the fine print, it sounded like the cash rewards could be deposited into a Fidelity account Continue Reading

Monthly vs. Yearly IRA Contribution Experiment – December 2012 Update

January 15, 2013 by Long Pham

The Monthly vs. Yearly IRA contribution timing experiment December 2012 update.

Yearly Contribution Roth IRA

Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss %
VTSMX 104.44 35.64 3,324.24 3,772.31 398.07 11.97
VGTSX 95.87 14.98 1,290.98 1,436.08 145.10 11.24
VBMFX 47.00 11.09 516.20 521.19 4.99 0.97
Totals: 5,131.42 5,679.58 548.16 10.68

Account Summary :

  • 12/18/2012
Continue Reading

Money Is Time

January 8, 2013 by Long Pham

I’m going to introduce you to a very simple idea which is the most important concept of the Extreme Money Makeover Plan. In order to obtain financial security, you must integrate this way of thinking into all aspects of your life.

Lets put the phrase “time is money” into mathematical terms: Time = Money

If Continue Reading

What The Best Credit Card Rewards Programs Aren’t Telling You

January 2, 2013 by Long Pham

I believe that every consumer should have access to a credit card that has the best available rewards program. That’s why I’ve been an avid user of the American Express Blue Cash credit card since 2007. When I discovered the card, I thought I had the best rewards credit card, so I have been using Continue Reading

Ten Financial New Years Resolutions For 2013

December 31, 2012 by Long Pham

Happy New Years! 2013 is here and it’s time to make some New Years resolutions. Here are ten simple resolutions you can stick to that will make your life better.

Check and update beneficiaries for financial and insurance accounts

This is especially important if you’ve had any children in 2012. Log on to your bank, Continue Reading

Common Questions For 2012 IRA’s

December 27, 2012 by Long Pham

The year is almost over, but it’s not too late to contribute to an IRA. You have until Monday April 15, 2013 to contribute to a 2012 Traditional or Roth IRA.

The maximum amount you can contribute to an IRA for 2012 is $5,000.

If you are age 50 or over, you can contribute an Continue Reading

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