401k and IRA contributions limits for 2019 are going up!

401k and IRA contributions limits for 2019 are going up!

Our good pal, the IRS has issued guidance on contribution limits for 2019. The news is good for those already maxing out their tax-advantaged space or planning to do so next year. According to the IRS news release, 401k, 403b and most 457 plans are changing from an $18,500 max to $19,000 next year. That's [...]

Most Vanguard ETF trades will soon be free

The 56 Vanguard ETFs that are currently commission free are getting some new friends in August. Vanguard announced today that they will expand their commission free ETF lineup. This expansion will include ETFs from a variety of competitors. As a result, in August, nearly 1800 ETFs will be commission free on Vanguard. This won't include [...]

The first $100,000 is the hardest – the miracle of compound interest

The first $100,000 is the hardest – the miracle of compound interest

Compound interest is an amazing little thing. It has been called the eight wonder of the world. There's even a claim that Albert Einstein called it the most powerful force in the universe. I'm not sure if that's true but it sounds cool on paper. Whether he said it or not, compound interest is the [...]

Stock quick hits: China Mobile (CHL) and General Mills (GIS)

Stock quick hits: China Mobile (CHL) and General Mills (GIS)

Stock Quick Hits #1 Welcome to stock quick hits! A series of posts where I look at stocks that seem vaguely appealing at the moment. Stocks like China Mobile! I'll do about thirty minutes of research and analysis on each stock. That means some background, a look through their financials and a quick calculation in [...]