Frugality

401(a-oK)!

Apart from doing my taxes, my favorite thing about this time of year is the smug and self-congratulatory feeling I get from maxing out my 401(k). No doubt I am a little nutty about retirement savings, and I feel very lucky and grateful to be in a position where I Read more…

By Cheddar Pie, ago
Frugality

Asking to Assess My Asset Assumptions

A few days ago I had a conversation with a fellow finance nerd-friend about asset allocation. She asked how I make my investment decisions -- I pointed her to my reading list and explained my general approach that I've explained here. Following that conversation, I realized I am overdue for a checkup -- while I have my 401(k) set to rebalance automatically, that's not true for my brokerage account or Roth IRA. I don't believe in following my investment performance on a regular basis, but occasional check-ins are important to make sure we're still on track. And not lying to our friends. It was keeping me up at night (not really), so I decided this would be a good time to see if I what I said I was doing was really in fact what I was actually doing.   (more…)

By Cheddar Pie, ago
Investing

Investing 102: Watch Out for Robots

I was reading an outdated New Yorker at a doctor’s office recently and came across this column about electronic trading and the rise of the new robot overlords who control our every financial move. OK, maybe it’s not quite that dramatic, but it provided a good, nugget-sized summary of why an individual trying Read more…

By Cheddar Pie, ago
Investing

OMG, Everybody Panic!!!

Man, I leave town for a week and the world falls apart -- I arrived back home to find Seattle socked in by dense smoke from raging wildfires and the stock market in the midst of a major "adjustment." For those of you not familiar financial parlance, that is often translated to mean "crash." So what's the first thing I did, immediately sell all my stock and run and hide to the comfort of government bonds or my mattress? Ha ha, no. I rejoiced a little inside and then did nothing. Why?  (more…)

By Cheddar Pie, ago