The Deal of the Century

January 17, 2011

My short little rant I’m about to go on, has been something I’ve been wanting to write for a while. Hopefully, it doesn’t come as a shock. Those deal sites/blogs or newsletters that everyone has fallen in love with, they don’t save you money. I used to frequent this site slickdeals.net. I’m not going to [...]

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What does it take to become a Decamillionaire?

January 14, 2011

Once in a while, it’s nice to have a little reminder about the magic of compound interest. Say your goal is to become a decamillionaire ($10,000,000) in your lifetime. How much blood, sweat, and tears will you endure to achieve that goal? Actually, not too much. If you put $5,000 a year into a Roth [...]

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Pay Off Low Interest Debt or Invest?

January 12, 2011

If you have the money, should you pay off a low interest debt? For example, what if you had the money to pay off the rest of your car or student loan, should you do it? This is a financial situation where most young adults are now or will find themselves soon. While it’s hard [...]

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529 College Savings Plans | An Under Used Tax Protected Investment

January 10, 2011

What do you think of, when you hear the word, “Tax efficient investing.” If the words 401(k) and IRA popped up, great. These two accounts are by far the best and most common way to invest tax efficiently. However, they are not the only way. One account that gets hidden underneath the table of investment [...]

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Gen Y Wealth Monthly Review – December 2010 / Weekend Reading

January 8, 2011

If you’re new here, I take time once a month to update the community at Gen Y Wealth on how the site is doing. I’m a big believer that tracking meaningful statistics, precedes improvement. Active Subscribers The most important number I track on Gen Y Wealth is the amount of people who have signed up for my [...]

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