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Education Investment Accounts & College Savings Plans

May 31, 2012 by Long Pham

Education is is easily one of the top priorities parents have for their children. If you are financially stable and your children have aspirations to achieve a university level degree, you probably still have a lot to worry about.

How will I pay for it?

That’s a big question. If you remember my quote from Continue Reading

Buy Or Rent? Things To Consider Before Jumping Into Home Ownership

May 24, 2012 by Long Pham

Home ownership has long been the cornerstone of the American dream. In an age where social media has made “Keeping up with the Joneses” a necessity, buying a home remains one of the top social status markers. It’s a sign that you’ve made it, right?

Perhaps it’s because home ownership can take on so many Continue Reading

Retirement Accounts For The Self Employed

May 10, 2012 by Long Pham

Being self-employed has a lot of benefits. You can set your own hours, work from home in your pajamas, and can give yourself as much vacation time as you want (or can afford). I can think of many more silver linings to promote working for yourself, but there are some drawbacks to think about.

Working Continue Reading

Monthly vs. Yearly IRA Contribution Experiment – April 2012 Update

May 3, 2012 by Long Pham

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

Yearly Contribution Roth IRA

Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss %
VTSMX 102.74 34.96 3,264.33 3,591.80 327.47 10.03
VGTSX 93.07 14.36 1,250.00 1,336.56 86.56 6.92
VBMFX 46.00 11.04 505.09 507.83 2.74 .54
Totals: 5,019.42 5,436.19 416.77 8.30

Account Summary :

  • 04/30/2012
Continue Reading

It’s Not Having What You Want, It’s Wanting What You’ve Got

April 25, 2012 by Long Pham

I heard Sheryl Crow’s hit song playing on the radio while driving home the other day. It really summarizes the changes I have made to my life in the past three months.

It’s not having what you want, it’s wanting what you’ve got.

(Sheryl Crow. “Soak Up The Sun.” Lyrics. C’mon, C’mon. A&M Records,

Continue Reading

Adjusting Your Tax Withholding Is Your Patriotic Duty

April 17, 2012 by Long Pham

Today is the deadline to pay any taxes owed, or file a tax return. If you have to pay, I can certainly understand why you have procrastinated. It’s always a good idea to put off paying taxes or bills as long as you can (without being late) in order to keep earning interest on your Continue Reading

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