I continue to get asked this question since 2009 was a great year in the market. Because of the uncertainties, shoud we use a stop/loss to protect against the downside?

Don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.

Since the beginning of the year as clients and freinds prepare to file their taxes, I have received a lot of questions in reference to the Home Buyer Tax Credit. I would like to share some very basic and simple information which will hopefully ease your confusion. (more…)

As posted in the Amateur Allocator

Living from one paycheck to another often does not leave much room for ‘extras’ but when it comes to insurance and protecting your finances, long term disability insurance should not be considered an ‘extra’. (more…)

This is a great article I found in Amateur Asset Allocator.

This is one personal finance question that plagues many living paycheck to paycheck. Concerns about handling debt payments and still being able to tuck away cash for the future often lead to a hard choice between one or the other. If you are on the fence about using your cash to eliminate debt or using it to stuff your 401k, there is a lot to consider. (more…)

Originally printed from Dow Jones

If the high number of phone calls to mutual-fund firms and the comments posted to articles on the subject are any sign, savers are showing a lot of interest in converting their traditional individual retirement accounts into Roth IRAs, but they and their advisor should be wary about acting on that desire too hastily because some expensive traps are waiting for the ill-informed. (more…)

by Jane Hodges

I was recently intereviewed by Jane Hodges autor of this article which appeared in the February 1st, 2010 edition of the Wall Street Journal.

Talk about control. In addition to managing themselves, self-employed workers have their own options for retirement saving, too.

Two of the best options: solo 401(k)s and solo Roth 401(k)s. (more…)

On June 7, 2001, President George W. Bush fulfilled his campaign promise to reduce taxes by signing a much ballyhooed $1.35 trillion tax cut package known as the Economic Growth and Tax Relief Reconciliation Act of 2001. The good news is that the new law amounts to the largest tax cut in more than 20 years. The bad news is that some of the changes may expire or may not take effect at all. (more…)

Check me out on my recent appearance on Fox 35.

Don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.

by Daniel Solin

Nationwide is “on your side” as the financial services giant’s corporate slogan goes, but Lou Haddock doesn’t think so. In a class action originally filed in the United States District Court in Connecticut 2001 Haddock, a trustee of a retirement plan advised by Nationwide, charges it with accepting “revenue sharing payments” from mutual funds as the cost of being included as investment options in its retirement plans. (more…)

by Daniel Solin

In a recent DailyFinance article, I raised the question of whether John Hancock, the largest full-service provider to 401(k) plans in this country — 42,000 plans with over 1.7 million participants — is a real fiduciary. I noted that John Hancock certainly had all the characteristics of a fiduciary. It represented itself as the industry leader in providing “fiduciary responsibility support,” and it provided employers with an impressive “fiduciary standards warranty.” (more…)