That is right… I am proposing raiding your emergency savings to fund your 2007 Roth IRA if you have not fully funded last year’s contribution. The deadline to fund your 2007 Roth IRA is approaching — April 15th 2008. If you miss that deadline you can never fund your Roth IRA for 2007. The [...]

As a part of my 2008 financial goals, I plan to fully fund two Roth IRAs - both mine and my wife’s. The Roth IRA is one of the best investment options available. You can pay taxes now and owe zero taxes when you withdraw funds in retirement. Plus, there is no [...]

Which should you purchase Prosper P2P loans (assuming your skilled enough to earn a 12% return) or the S&P500 which has earned 13% per year over the last 20 years? The answer is not simple and it depends greatly on taxes. I will provide you with a spreadsheet to change some of my assumptions [...]