Essays

Using Target-Date Funds to Dial Your Risk Up or Down

Target-date funds are available in just about every 401(k) these days and most other investment accounts as well. And they can be incredibly useful for two main reasons. First, target-date funds combine multiple mutual funds into one, making it easy to get a fully diversified portfolio without having to choose and manage multiple different mutual… Read More Using Target-Date Funds to Dial Your Risk Up or Down

Essays

Review: Stimulated!

Every other Sunday, The Simple Dollar reviews a personal development, personal productivity, or career book. At almost every job I’ve ever worked at, from a minimum wage service job where I helped people print documents to a full time job in a research lab, creativity and initiative have been rewarded. A person who is a… Read More Review: Stimulated!

Essays

Reader Mailbag: Sandboxes

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Laundry soap question 2. LED bulbs 3. Anticipating marriage 4. Ultra-frugal clothes washing 5. Applying for multiple credit cards 6. Teaching children simpler tastes 7. Paying… Read More Reader Mailbag: Sandboxes

Essays

Questions About Soup, Sunk Costs, Turkey, Insurance and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Cheap turkey cooking? 2. Storing homemade soup 3. Flour differences for homemade bread 4. “Double your donation” to charities 5. Online services and… Read More Questions About Soup, Sunk Costs, Turkey, Insurance and More!