TurboTax vs. TaxACT vs. H&R Block at Home: 2012 Lightning Review

According to a MyMoneyBlog.com reader poll taken last year, 52% used TurboTax, 18% used TaxACT, and 14% used H&R Block at Home to prepare their tax returns, which agreed with the most popular software overall in the US. The remaining 16% either … [Read the rest]

Rule of Thumb: When To Pay Off The Mortgage Early

There was a lot of good discussion in my lengthy early mortgage payoff post. Now instead of lengthy details, let me try out a quick rule of thumb about early mortgage payoff. Recall from Wikipedia: A rule of thumb is a principle with broad … [Read the rest]

Fidelity iShares Commission-Free ETF List Updated

Fidelity recently announced new changes to their commission-free ETF list. When Blackrock iShares introduced their 10 new Core ETFs, I wondered how they would market these ETFs. Well, that question was answered today with Fidelity and Blackrock … [Read the rest]

MyMoneyBlog.com in Economics Textbook!

Years ago I was contacted by an author named Gary Clayton who wanted permission to feature me in the next edition of his book. I said certainly, and pretty much forgot about it as it wasn't published yet. The book was (is?) the bestselling … [Read the rest]

Pay Off Mortgage Early vs. Save More For Retirement? Digging Deep Into The Details

In the world of personal finance, you can always generate a good debate if you talk about paying off your mortgage early. The argument usually boils down to something like this: If your interest rate is 4%, then paying extra towards that mortgage … [Read the rest]

Barron’s Best Online Broker Rankings 2013

The stock market is at or near all-time highs, which means that brokerage firms should be seeing a lot more interest (for better or worse). Weekly business newspaper Barron's just released their 2013 annual broker survey rankings. Here's a snippet … [Read the rest]

Capital One Consumer Bank Savings Account Review

Capital One bought ING Direct USA back in early 2012, and has finally completed their transition and re-branding. Their new savings account product is called Capital One Consumer Bank Savings. Since I've had an account with them for over a decade … [Read the rest]

Stumbling On Happiness by Dan Gilbert – Book Review

Stumbling on Happiness by Daniel Gilbert is in many ways like other popular behavioral psychology books. It's a New York Times bestseller. It tends to list a lot of ways that humans behave irrationally or incorrectly as shown by academic studies. … [Read the rest]

Split by GroupMe: Collect Money From Groups – No Fee Promotion

GroupMe is a group-texting smartphone app with a new feature called Split which allows you to collect payments from groups via credit card (collecting rent from roommates, splitting a bar tab, chipping in for a friend's birthday gift, etc.). The … [Read the rest]

2013 New Year’s Resolution: Get Our Crap Together

It's already March, and I've yet to make a New Year's resolution. Then along comes this NY Times article about a mother of two who's young, healthy husband was killed while simply riding his bike: In the many months of suffering after Mr. … [Read the rest]

$10,000 P2P LendingClub / Prosper Loan Portfolio Update – March 2013

Here's the 3rd and last piece of the monthly updates for my Beat the Market Experiment, a set of three real money portfolios started on November 1st, 2012. See also my $10,000 Benchmark and $10,000 Speculative portfolio updates for March 2013. For … [Read the rest]

Groupon: Office Depot $10 for $20 Gift Card

Groupon is offering a $20 gift card to Office Depot for $10 (Update: sold out, boo). Valid "at any Office Depot location across the country, and for online purchases". Also, the LivingSocial Sam's Club membership deal has been extended for … [Read the rest]