New JetBlue Card Review from Barclaycard

JetBlue has announced two new consumer credit cards - the JetBlue Card (no annual fee) and the JetBlue Plus card ($99 annual fee). These are both issued by Barclaycard, as JetBlue recently ended its credit card relationship with American Express. Are … [Read the rest]

Top 10 Financial Advisor Firms With Highest Misconduct Rate

There is a famous quote that Charlie Munger uses as an example of the inversion technique: Tell me where I’m going to die, so I won’t go there. Instead of focusing on things we should to help us, we can also simply avoid doing things that will … [Read the rest]

They May Not All Be, But Your Financial Advisor Should Be a Fiduciary

Right now, there is a big debate in Congress about whether the fiduciary standard should be required for all financial advisors that manage retirement accounts. A fiduciary requirement would include the following: They must exercise best … [Read the rest]

Index Funds vs. Hedge Funds: Buffett $1,000,000 Bet Update 2016

We are now 8 years in on the 10-year bet between Warren Buffett and a successful hedge fund manager. In 2007, Warren Buffett challenged any hedge fund to a long-term bet against the S&P 500. He found a taker. Fortune magazine announced … [Read the rest]

Vanguard Target Date Retirement Funds: Embrace Your Inner Ronco Rotisserie Oven!

I'm a fan of the Vanguard Target Retirement 20XX Funds. These Target Date Funds (TDFs) may not be perfect, but they are a low-cost, broadly-diversified, "set-it-and-forget-it" fund that I feel are consistently under-appreciated and easily maligned … [Read the rest]

Redeeming Citi Prestige ThankYou Points For American Airlines Flights

It has been nearly a year since I picked up my Citi Prestige card (review), and I've done my best to take advantage of the available perks: - $250 in Airfare credit for 2015 - $250 in Airfare credit for 2016 - $100 statement credit to offset my … [Read the rest]

TurboTax vs. TaxACT vs. H&R Block Online 2016 Lightning Review

For the last few years, I've completed my personal returns top-to-bottom using each of the three most popular online tax prep providers - TurboTax, H&R Block, and TaxACT. I started my 2015 tax year returns this weekend, but each one was close … [Read the rest]

Making Your Nest Egg Last: Safe Withdrawal Rates vs. Sustainable Withdrawal Rates

Reading Warren Buffett's Annual Letter always reminds me that stocks are not just some numbers that bop up and down, but are shares of real businesses with land, factories, knowledge, and hard-working people. This helps reassure me that the value … [Read the rest]

Starwood Preferred Guest American Express Review

The travel rewards card that has been in my wallet the longest is the Starwood Preferred Guest® Credit Card from American Express. It is quite famous in the travel junkie circles, but not very well known otherwise. Once you understand the combination … [Read the rest]

Ask The Readers: Refinancing Student Loan Debt?

Sometimes I get questions about dealing with student loan debt, but I no longer feel well-qualified to answer. I graduated in 2000 with roughly $30,000 in student loan debt myself, but I never participated in any government-backed repayment plan, … [Read the rest]

Pay with Discover Card Cash Back Points at ($15 First-Time Bonus)

If you have cash back rewards accrued from Discover credit cards, you can use them to buy eligible items at The redemption rate is $1 in Cash Back Bonus = $1 to spend at Amazon, which is the same rate as their statement credit … [Read the rest] Review: Automated Interest Rate Chasing

Back when interest rates were higher, I was a "rate chaser" that was constantly shifting my cash balances to whatever promotional rate was highest. With the growing popularity of "robo-advisors" that manage your retirement portfolio using automated … [Read the rest]