Greed is good…. http://www.ritholtz.com/blog/2013/12/martin-scorseses-its-a-wonderful-life-wolf-edition/

The average person spends $271 on each child for Christmas. If this money was put in a low cost index fund and earned a slightly below average return of 8% a year, after 61 years the account would be worth $299,964!!! For a 4 year old this would be a nice amount to have at…

Investing is very simple but difficult. It is how you act when it seems like the world is ending that will determine your success. Most market gains come in very short time periods and if you miss these days your returns will be devastated. The numbers prove this very clearly .As Peter Lynch once said,…

A good rule of thumb to deal with your after tax take home pay would be the following: 50% needs and essential purchases, no more than 30 percent on a mortgage or rent 30% wants or stuff that you enjoy 20% savings  that you could divide this between your 401k and bank savings account  …

This does not INCLUDE college!! 30% Housing 18% Child Care and Education 14% Transportation 16% Food 8% Health Care 8% Misc. 6% Clothing   Grand Total =  $234,900

The same tuition for the length of your enrollment. This is a trend for the future. Ask the schools you are interested in if they offer this. Read on…..http://bigstory.ap.org/article/fixed-rates-are-latest-college-tuition-plans

Take advantage of the catch-up $5,500 that is available when you are 50. You can max out at $17500 and then add $5500 to that number. Over a period of 15 years this $5,500 will grow to over $146,000 compounded at 5%. It is not too late to start……. If John continues to make this…

Most people believe that 75-85% of current income will do the trick. The answer is it depends. Read on…. http://online.wsj.com/news/articles/SB10001424052702304173704579264463292233346?mod=trending_now_1

   Entertainment is a vital part of our daily lives but sometimes we have to draw the line. The Wolf of Wall Street starring Leonardo Di Caprio is a case in point. The film depicts the sordid life of penny stock broker Jordan Belfort, a two-bit Bernie Madoff for the middle class. While drugs, alcohol…