Investing
2

The opportunity cost of claiming $2,500 worth of property

Sometimes I wonder if I deserve to blog about personal finance. I’ve made too many embarrassing money mistakes in my life–  I would suffocate if I had to re-enact the number of times I have face-palmed myself. Here I was, declaring myself to be on a mission to educate broke …

Investing
4

Have no fear, market crashes will always be here!

While I don’t believe that a bear market is coming, one big lesson from the last two recessions is that it can’t hurt to be prepared. Crashes will always come and go. Whether it’s 6 months or 6 years from now, nobody really knows. The prospect of me becoming a …

Investing
3

Thoughts about Bitcoin

I’ve recently started a Facebook group for this blog where members are encouraged to ask any question about money. Out of the blue, one member asked about Bitcoin. In an effort not to monopolize the forum, I waited several hours. But nobody was keen on answering the question. I eventually end up …

American dream
4

What 20 years in America has taught me about money

Today is my 20th year anniversary living in America– the land of milk and honey. The place where pretty much anything that I’m accustomed to seeing is bigger. Bigger houses, bigger cars, bigger TVs., bigger you name it. I can vividly remember what my reaction was the first time I was handed …

My wife posing at the Jersey shore.
Investing
1

The real cost of buying that 65″ TV

Earlier this morning, I’ve sold a mutual fund that I held for 15 long years– Laudus International MarketMasters Fund™ (ticker symbol SWOIX). As the name suggests, the fund invests in shares of companies outside the United States. It falls under Morningstar’s “Foreign Large Growth” category because the fund manager’s focus is …

Asset allocation

Rebalancing your portfolio is like going to the dentist

There’s probably nothing more uncomfortable than your visits to the dentist. I don’t know about yours, but my dentist certainly doesn’t have the gentlest hands that I can brag about. Once you’re seated on that dreaded chair, you’ll be as helpless as a toddler as she works on scraping the tartar buildup from every …

Asset allocation

9-11 Portfolio

The week ending 9-11 is somewhat catastrophic as global equities and emerging-markets tumbled by at least 2%. Dow Jones index is down by 394 points, while the S&P 500 fell by 53 points. It was the biggest rout since Britain voted to secede from the European Union. The previous two months have been …