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Archive for July, 2008

Poll: With Bank Failures on the Rise, Have You Changed Banks?

Look no further than the IndyMac failure, and many people have come to realize that it can happen to them. Bank failures are usually far and few between, but this year’s credit problems are forcing more banks to fail than usual. Some experts say that IndyMac was only the beginning, and many more failures could [...]

How SIPC Works and How SIPC Differs from FDIC Insurance

How SIPC Insurance Can Protect Your Brokerage Account

With news of banks such as IndyMac failing and being taken over by FDIC, a lot of people are questioning not only how safe their deposits are, but their investments in brokerage accounts and mutual fund companies as well. One thing you have to remember is that FDIC [...]

How to Tell if You Have a Bad 401k Plan

Wondering if Your 401k Sucks? A Few Tips to Help You Spot a Bad Plan
CNN Money recently featured another piece by ‘The Mole’ that discusses what to do if you have a bad 401k plan, and this was followed up by J.D. at Get Rich Slowly with a few more tips. There is a lot [...]

The Money Writers Portfolio Project: An Inside Look at My Portfolio and Performance This Year

This week The Money Writers are doing a little group project in highlighting and analyzing our investments. It is interesting to see how different the portfolios strategies being used stack up against each other. The participants and YTD results of this project are:

Brip Blap: -9.85%
Lazy Man: -7.22%
Million Dollar Journey: -1.35%
Money Smart Life: – a lot
My [...]