Posts Tagged ‘retirement’
Your Bailout: Slash your Credit Card Debt – Mint.com Blog
Being fans of what Mint.com does, which has been documented here, they have started a personal finance blog, and the following is a great post for those trying to dig themselves out of debt. Don’t forget, debt is financial death.
Read MoreThe Best Online Tools for Personal Finance – WSJ
Conflicting Interests – DoL 401(k) Participant Advice Rule May Not See Light of Day 1/29/09
“The controversy exists in that the person delivering the advice must adhere to specific fiduciary criteria, but their affiliated firm, whether that’s a broker-dealer, mutual fund company, insurance company, or bank, does not,” said Griffeth. The new rule “opens the door for conflicts of interest to exist on the part of brokerage firms and mutual fund firms at the sake of participants, whom I fear wouldn’t know what questions they should ask to ferret out conflicted advice.”
“…In essence, he said the broker- dealers, insurance companies, banks, and mutual fund companies could play “puppeteer” with the advisers that are meeting with participants to benefit their own pocketbooks, not the participants.” – Chad Griffeth, BeManaged | Actium
Read MoreFree Personal Finance Solution – Mint.com
Having been a user of both Quicken and Microsoft Money to manage our family finances and overall financial picture, I was frustrated by the constant need to shell out more money if I wanted the “new and improved” edition.
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