Money, Nursing, Food, Life.
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.
This is especially important if you’ve had any children in 2012. Log on to your bank, Continue Reading
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
by Long Pham
The proverb “time is money” is something we’ve all heard. It’s a quite simple and effective way to explain the concept of opportunity cost, a basic economic concept.
Opportunity cost works on the fact that resources are scarce. There will always be a limited supply of time, money, or natural resources. Continue Reading
by Long Pham
Why do you work? Do you work because you need to, or because you want to?
Stop fooling yourself! You work because you have to. How did that happen?
The rules of our society tell us to go to school when we’re children. We become adults and can choose to delay entering the workforce by Continue Reading
by Long Pham
The Monthly vs. Yearly IRA contribution timing experiment November 2012 update.
| Fund | Shares | Price | Cost Basis | Market Value | Gain/Loss | Gain/Loss % |
|---|---|---|---|---|---|---|
| VTSMX | 103.70 | 34.57 | 3,297.80 | 3678.38 | 380.58 | 11.54 |
| VGTSX | 94.61 | 14.57 | 1,272.34 | 1378.55 | 106.21 | 8.35 |
| VBMFX | 46.67 | 11.19 | 512.58 | 522.24 | 9.66 | 1.88 |
| Totals: | 5,082.72 | 5,579.17 | 496.45 | 9.77 |
Account Summary :
by Long Pham
I’m late with an update on the progress of my personal finances for the third quarter, so I’ll just update you on what has happened up to now.
I’m proud to say that my wife and I made some pretty significant changes in our lives over the past year and it has paid off. Prioritizing Continue Reading
