Five Cent Nickel

Written by a man who has been meticulously recording his finances since 1997 (stored in Quicken), Five Cent Nickel is one of the oldest and most respected blogs around. This blog often provides great commentary on—and summaries of—useful financial tips featured by other publications. If you’re too lazy to read every little money article out there, just stop by Five Cent Nickel and get the cream of the crop.

Latest Posts from Five Cent Nickel (page 133)

Avoiding and Reducing Mutual Fund Fees and Expenses

Investing in mutual funds is a wonderful way to grow your investments, but all the fees associated with such investments them can be a financial drain. Learning about these expenses and how to reduce or eliminate them is a relatively easy way to increase your returns. […]

No Fee Balance Transfers from PenFed – Expires June 30, 2010

As a followup to my recent post about PenFed credit card offers, as well as Saturday’s roundup of 8 Top Balance Transfers which reviewed the best current balance transfer credit card offers including 0% APR balance transfers, I wanted to highlight an e-mail that I recently received from PenFed regarding their transfer fees… It seems that they’ve decided to waive the balance transfer fee associated […]

8 Top Balance Transfers

Each Saturday we bring you information about current credit card offers from major banks. This series is designed to assist you in comparing and choosing credit cards with the best features. […]

Tax Freedom Day and Some Homework

Happy Tax Freedom Day! In case you weren’t aware, the average American will spend 99 days working to pay their 2010 tax bill. That makes today, April 9th, Tax Freedom Day. […]

How Many Stocks Do You Need to Be Diversified?

This is a guest post from Philip (a.k.a., The Weakonomist) of Weakonomics. If you like what you see here, please consider subscribing to his RSS feed. According to their latest annual report, Vanguard’s S&P 500 Index Fund holds 503 unique stocks. The S&P 500, of course, has just 500. […]

The Debt Free Vacation

“Some debts are fun when you are acquiring them, but none are fun when you set about retiring them.” -Ogden Nash As we travel across the country in a motor home, I’m often moved with thankfulness for the simple privilege of vacation. Our fearless crew is comprised of myself, my beautiful wife, my father, my step-mother, and her step-father (which I suppose makes him my step-step grandpa). […]

Lending Club Update – March 2010 Performance

As of April 1st, I’m enjoying a 10.66% net annualized return on a Lending Club portfolio composed of 270 notes. As you can see from the graphic below, my performance is somewhere near the middle of the pack. I’m okay with that, however, as I’ve been focused on building a relatively low risk portfolio. […]

How to Get Out of Debt: Hardcore Tools for Getting to Zero

This is a guest post from Michael Harr, Co-Founder and Chief Content Director at TodayForward. Michael worked as a collections agent for a major credit card issuer, and has more than a decade of experience as a comprehensive financial planner. […]

Learning About Mortgage Escrow Accounts

I just checked the balance on our mortgage to make sure this month’s payment went through. I’m excited about accelerating our mortgage payments and seeing the principal decrease. […]