It's Open Enrollment Season!

It's that time of year again - open enrollment season! This is the period where employees are given the chance to sign up for or make changes to the benefits programs offered by their employers. You can add or change your insurance coverage and sign up for flexible spending accounts for both medical and child care expenses for 2016. It's these last two I want to talk about. What Is A Flexible Spending Account? A flexible spending account (FSA)...

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Don't Leave Money On The Table: When Maxing Out Your 401(k) Might Lose You Money

I came across this post on Reddit and it made me aware of a potential situation where you might lose money if you max out your 401(k). I'll recap the post here and try to explain things in a more clear manner (at least to me) than the original author has. The numerical examples I use are the same ones he used. If your employer offers a 401(k) match AND you are maxing out your 401(k) contributions, you may find your self in a situation where you...

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Is The Model X Telsa's First Big Mistake?

The Model X is now finally in production and is shipping. People seem to love it. It's an amazing vehicle and a technological marvel. But did Tesla miss the boat on this one? Is this Tesla's first big mistake? I think it very well could be. The first thing to note is the price. The Signature Series, which is fully loaded, checks in at $132,000. The low end, non-performance base model is going be about $93,000. Final details haven't been announced,...

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Goal Update: End Of September 2015

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of September, 2015 Current value: $16,466 Change from last month: +$1,318 Percent of Goal:  15.14% Note that the funds in this account are invested...

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