Comments for Wise Money Decisions

Comment on Exchange Traded Funds vs. Index Mutual Funds by Jeff

Jeff — Tue, 27 Oct 2009 18:04:30 +0000

Keith: Don’t know. Good question. I can think of some plausible-sounding reasons, but I haven’t looked into commodity funds much so it would mostly be speculation. Let me know if you find an answer.

Option Maestro: I’ve learned a lot from your site. Thanks for visiting.

Metal ETFs: I agree that the added flexibility is nice. For investors that do more frequent trading or use margin or options or other more complex strategies, the ETFs are much more suitable than mutual funds.

For long-term investors with simple portfolios, I’d say the flexibility is less important.

The clean taxes is an interesting point. I hadn’t thought about it but it’s true, doing taxes for ETFs is easier than keeping track of basis in mutual funds with reinvested dividends. I assume that’s what you meant?

Thanks for your comments.

Comment on Exchange Traded Funds vs. Index Mutual Funds by Metal ETFs

Metal ETFs — Mon, 26 Oct 2009 21:05:52 +0000

Thanks for the link! Personally I prefer ETFs because of the added flexibility and cleaner tax calculations but it really comes down to the individual.

Comment on Using Allowance to Teach Kids About Money by ES

ES — Mon, 26 Oct 2009 18:27:00 +0000

We are using treejars.com and so far works great, very easy to use for kids and parents. I have control of how much when approve or not, really great tool.

Comment on Apparently You Can Lock Your Checked Luggage by securoseal

securoseal — Sun, 18 Oct 2009 07:34:20 +0000

A point to note if you’re checking in luggage is that many of the travel accessories that are sold as luggage security items (locks, cable ties, security seals, etc) do not actually work to protect your luggage. You’d think for the money spent on these things it would take time to break into a bag, but it’s as simple as several seconds with a paperclip or even a pen. And people wonder why there is a problem with luggage theft.

Comment on Some Surprising Facts About Identity Theft by Debt Monkey

Debt Monkey — Wed, 30 Sep 2009 23:02:02 +0000

These results are very surprising. I, too, though the internet would account for way more identity theft than this shows. Does it take into account all the records that have been stolen from computer databases? You should always check your credit reports online periodically to stop identity theft as quickly as you can - at least once a year and preferably much more often.

Comment on Difference Between a Broker and an Investment Adviser by Forexfires

Forexfires — Fri, 21 Aug 2009 16:06:58 +0000

Good read

Comment on Siegel: “Should You Bother With Government Bonds?” by Buy Silver Coins

Buy Silver Coins — Tue, 18 Aug 2009 07:14:16 +0000

Jeremy makes some good points. I believe the bond market could take a serious hit if the Chinese stop buying U.S treasury bonds. A diversified portfolio with foreign stocks, a basket of currencies and gold and silver bullion is how I would ride out this global financial crisis.

Comment on Historical Behavior of the Stock Market During Recessions by John R

John R — Sat, 01 Aug 2009 00:41:10 +0000

PE Ratios as calculated by economist Robert Shiller are a good indicator imo. An interesting correlation that I have been paying attention to is when this ‘Shiller Ratio’ is at a historical average OR high, Warren Buffet’s statements about market valuations seem to be in sinc with Shiller’s calculations. Good minds think alike.

Comment on Exchange Traded Funds vs. Index Mutual Funds by Option Maestro

Option Maestro — Mon, 13 Jul 2009 20:09:11 +0000

Nice article. Like you I am into numbers so I enjoyed it. Thanks for the info.

Comment on Historical Behavior of the Stock Market During Recessions by Option Maestro

Option Maestro — Sat, 11 Jul 2009 06:03:53 +0000

Buying stocks during a recession is a good way to accumulate long term wealth. I am always writing covered call options on my stocks but out of the money so I can gain something if I get called out. This option strategy has kept me in the market, and I’ve actually outperformed the market significantly in the past 8 months.