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Articles & Resources:

Six Reasons Why Investment Gurus do not Blog

Have you noticed that there aren’t really any investment blogs on the web? Here are six reasons why there are no investment blogs: Most investment gurus believe that the markets are efficient and they fear that by providing information on an investment blog the guru would trigger mass hysteria. Most investment gurus believe that the […]

The IRS Audit: Fear Not

Receiving a letter from the IRS can be scary. Receiving a letter from the IRS that says that your tax return has been selected from audit can be even scarier. It shouldn’t be. The IRS audit process is merely a means for the government to determine that taxpayers have reported and paid tax as they […]

Eliminate Taxes for “Pennies on the Dollar”?

We have all heard that the IRS will settle tax debts for pennys on the dollar. This tax settlement process referrs to the IRS offer in compromise program. Colorado Tax Attorney Kreig Mitchell recently posted an excellent article that exposes a few of the flaws in the IRS offer in compromise program. That article states […]

Saving Money on Auto Insurance

We have all heard that we can save hundreds of dollars on our automobile insurance coverage by switching to another insurance company. The truth is that you may not have to switch insurance companies to save on your automobile insurance. Understanding Automobile Insurance Coverage The first step in figuring out how to save money on […]

Diversification of Investment Assets

Diversification involves pooling investment assets with the aim of limiting risk. In this case, risk refers to volatility or fluctuations in the value of individual investment assets.  The idea is that two investment assets are less likely to suffer dramatic fluctuations in value at the same time. Diversification may involve investing in different types of […]

Hiring a Financial Advisor

Hiring financial advisers can be challenging. The news and popular media often provide coverage when financial advisers do something wrong, but they do not help consumers find competent and ethical financial advisors. Here are a few articles that address how to find good financial advisors: How to Evaluate Financial Advisers When Should You Hire a […]

How to Evaluate Financial Advisers (pages: 1 2)

We all want to hire the best financial advisers. The hardest part about hiring a financial adviser is determining how the adviser compares to other financial advisers. There are a number of ways to compare financial advisers. Financial Adviser Compensation Perhaps the most telling way to assess a financial adviser is to determine how he […]

The Career: Our Greatest Asset

For most of us, our careers will produce more income over time than any combination of investment assets that we will hold. By recognizing that our career is in fact an investment asset, we can start to plan for how to secure, diversify and figure out how to grow this investment asset. Understanding You Career […]

Rebuilding or Improving Credit

Rebuilding credit can be difficult, but not impossible. Consumers with bad credit or who would like to improve their credit score should start by creating a plan to improve their credit rating. Specifically, they should write out a plan and do their best to adhere to and modify the plan over time. Understanding the credit […]

Understanding Credit & Credit Reports

Everyone will want to borrow money at some point in their lifetime. Banks, mortgage companies, and credit card companies look to credit reports to determine whether to lend money and how much interest and down payments they will require. Having good credit can make the borrowing process easier and it can result in thousands of […]

Index Fund or Money Manger?

There has been a lot written about whether to invest in index funds or to hire a professional money manager. The Freemoney Finance Blog, which is not written by a financial advisor, expresses the typical non-investment advisor sentiment that investing in index funds is better than hiring a professional money manager. CASTrader Blog recently posted […]

Roundup: New Financial Articles

There have been a number of good articles added to the Mechanics of Money website lately. I thought that I would take a few minutes to highlight a few of these articles. Financial Goals: Finding Certainty in Uncertainty – provides a good discussion of how to set goals when life is so uncertain. Personal Savings […]

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