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 150)

Retirement Withdrawal Strategies

This is a guest post from Mike Piper, author of Investing Made Simple and proprietor of The Oblivious Investor. If you like what you see here, please consider subscribing to his RSS feed. The Roth IRA vs. Traditional IRA question gets a lot of press, and that makes sense. […]

Weekly Roundup – National Save for Retirement Week Edition

Guess what? Today marks the beginning of National Save for Retirement Week. Did you know that over half of all workers in the United States have less than $25,000 in total savings and investments? While these stats include a lot of younger workers, we can do much, much better when it comes to preparing for the future. […]

What Would You Do With $1000?

The cover story on this month’s Money Magazine asks “What would you do with $1000?” We’ve talked in the past about what you’d do with a major windfall, but I thought it would be interesting to take a look at your options with a smaller windfall. Here are Money’s suggestions: Build up your emergency fund Spend five hours with a financial planner Buy a top-notch mutual fund* Upgrade your appliances […]

Salary Negotiation – How to Win

The art of salary negotiation is a touchy but crucial matter that rarely receives adequate attention. With all the economic certainty that we’ve been facing, many people have increasingly focused on reducing expenses and leading a frugal lifestyle. […]

Flexible Spending Accounts Under Attack?

Do you have a Flexible Spending Account (FSA)? We do, and we love it. Every year, my employer lets us set aside up to $5k in pre-tax dollars to pay for healthcare expenses that aren’t covered by insurance. […]

What is the Bid-Ask Spread?

It’s widely recognized that the transaction costs incurred by investors are made up of two primary components: brokerage fees (i.e., commissions), and the bid-ask spread. […]

Locking in Our Interest Rate

Big news this week… We went ahead and locked in our mortgage interest rate. My husband called the lender on Wednesday, and we’ve since faxed back the agreement. We’re locking in our 30 year fixed rate mortgage at a 5% interest rate with a 1.017% origination fee. To be honest, I’ve been anxiously watching our lender’s site and counting the days until our closing date. […]

Savers vs. Spenders: Opposites Attract?

Are you and your significant other a “money match”? My wife and I have very similar money habits, but many other couples apparently don’t. In fact, according to researchers at the University of Pennsylvania: “Surveys of married adults suggest that opposites attract when it comes to emotional reactions toward spending. […]

ING Direct “Added Value” CDs

Earlier this week, ING Direct announced a new promotion aimed at generating more deposits. Dubbed the “Added Value” CD, they are offering a 12 month CD that pays a 0.15% premium over and above their standard rate. As of right now, that means you’ll get 2.25% APY vs. the standard 2.10% APY. The catch here is that you have to fund the CD with “new money” that is transferred in from elsewhere. […]