Essays

A New Rebalancing Strategy: A Change in Vanguard and a Clear Definition of the Goal

This morning, I happily talked about how Vanguard had changed their fee structure, which basically eliminated fees for me. Prior to this fee change, I was using a slightly unorthodox balancing strategy to avoid fees – although I love Vanguard funds and their investment philosophy, I didn’t like their fees. Now that the fees are… Read More A New Rebalancing Strategy: A Change in Vanguard and a Clear Definition of the Goal

Essays

Reader Mailbag: Audio

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. First investments 2. Credit question 3. Yoga teacher training 4. Credit counseling agencies 5. Taxes and inflation 6. Amazon and library synergy 7. Student loan repayment… Read More Reader Mailbag: Audio

Essays

Can Socially Responsible Investing Add Meaning to Your Money?

How would you like to earn a little money while also making the world a better place? That’s the premise behind socially responsible investing, a relatively new movement that aims to change investing from a purely profit-driven endeavor to one that incorporates your personal values as well. It’s a cool idea. But does it work?… Read More Can Socially Responsible Investing Add Meaning to Your Money?

Essays

Personal Finance and Grit

A few weeks ago, I made an offhand mention in a reader mailbag about the wonderful book Grit: The Power of Passion and Perseverance by Angela Duckworth. Duckworth defines grit in very simple terms – it’s simply perseverance and passion for long-term goals. Since long-term goals are a huge part of personal finance success, there’s… Read More Personal Finance and Grit

Essays

How Much Does Lasik Cost?

In the olden days—meaning, before the very late ‘90s — people without perfect vision had two basic choices for dealing with their sight problems: eyeglasses or contact lenses. Both came with benefits and drawbacks, but neither solved the essential problem, allowing the four-eyed among us to function without corrective lenses. Then, Lasik was approved in… Read More How Much Does Lasik Cost?