Archive for posts by Kent Irwin

I previously wrote about the federal lawmakers exemption from insider trading laws, allowing them the ability to buy and sell stocks, bonds and real estate using inside information. The lawmakers have access to privileged information that helped many of them to become multimillionaires, peddle influence, and secretly make the information available to hedge-fund managers that only… Read More »

The media chatter seems to be full of information about Facebook and Groupon’s initial public offering (IPO) of stock. Many people wonder if IPOs make good investments. It is very difficult to determine the value of a stock that has been around a while, let alone a new one with little information to go on…. Read More »

In Nathaniel Hawthorne’s classic novel set in the 1850’s the Scarlet Letter, Hester Pyrnne struggled to regain dignity following an adulterous affair. In antiquity, lepers were scorned because people believed they were dirty and being punished by God. In 2012 60% of jobs filled are screened for bad credit ratings. Individuals you may know of good… Read More »

A recent column in the Wall Street Journal “No Need for Panic About Global Warming” written by 16 prominent scientists, seems to cast serious doubt in global warming (GW). GW seems to be quite a divisive issue these days, at least that is what it seems as if you pay attention to the national media. As a… Read More »

The following are great articles this week from other personal finance blogs that I follow: 5 Best Gas Reward Cards from Wise Bread High Deductible Health Plans and Major Medical Bills from Five Cent Nickel Best High Interest Checking Account Rates from Moolanomy.com Interesting Breakdown of Warren Buffet’s Secretary’s Tax and Salary from All Financial Matters Best… Read More »

If you decide to hire an investment professional to invest your money for you, one thing you might want to discuss with prospective advisors is the Investment Policy Statement (IPS). The IPS is drafted between you and the advisor that outlines the rules they are to follow when investing your money. The advisor will typically… Read More »

The current economic turmoil has seen many good people having to go through foreclosure. For those that have the unfortunate experience of this, they might want to read the article in the Wall Street Journal regarding the tax implications of foreclosure

Until these post modern ages, few people did do-it-yourself investment management. With the advent of increased sources of information, no-load mutual funds, and low-transaction-cost brokerage accounts, more people choose to forgo using an investment advisor and manage their investments themselves. You are a smart and intelligent person and probably capable of doing a lot of… Read More »

Investment Management has sometimes been defined as: Managing assets and resources in relationship to your personal and financial goals, in order to most efficiently accomplish desired results. Achieving financial goals involves the use of many techniques, financial concepts, and tools. Perhaps one of the most important is the proper use of savings, investments, and retirement accounts…. Read More »

Saturday morning is the time my wife and I usually grocery shop together. By then she has clipped all of the coupons, we have discussed the list of things we think we need and how much we want to spend. She has also run a report from www.thegrocerygame.com, which is a nice list of deals that… Read More »