GeekMBA360

I hold my hard-earned money in index funds, money market fund, CD and saving accounts. I don’t trade stocks because

I don’t have interest/passion in tracking individual stocks. I’d rather spend time doing other things I enjoy doing.
I want to have a good night of sleep every night. I don’t want to spend time worrying [...]

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I had been a reader of Ramit Sethi’s I Will Teach You To Be Rich blog since its inception. At that time, Ramit just graduated from Stanford University. Honestly, I thought Ramit was just another one of those arrogant young graduates of top universities — how could a young college graduate with little real-world experience [...]

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Where should we put our money?
All banks in the US are in deep trouble. Citi Bank’s stock is below $1 now. JP Morgan Chase and BOA are in pretty bad shape – their balance sheets are in much worse shape that what their CEOs have been saying. Well Fargo is not much better.
Bank saving account [...]

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Recently I had the opportunities to talk to several people who had profited tremendously from the current financial crisis. They recognized that there was a huge housing bubble, and the loose lending practices would get us into deep trouble. I guess you could call them "Dr. Dooms" — in the past year, they have been [...]

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It’s open enrollment period at my company now. I need to decide how much I’m going to deduct from my paychecks in 2009 for 401K, Health Saving Account (HSA), and Flexible Spending Account (FSA).
In the past, I have always maxed out 401K deduction to take advantage of the tax saving benefit. I’ve also put some [...]

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