Sunday Morning Reading: March 9, 2014

Good morning!

I hope all of you are enjoying your weekend. Here are some of my favorite posts from around the web that I read over the last week.

1. Why We are Not Really All Doomed. Great post by Mr. Money Mustache that puts all of the recent worries about all the negative things that could happen to our country/economy in perspective. His 3 Point Formula for Economic and Life Success mentioned near the middle of the post is just awesome. Why spend all your time worrying about things that are out of your control?

2. Dividend Income Update-February 2014. Jason at Dividend Mantra provides us with an update of the dividend income he earned in February from his Freedom Portfolio. Perfect example of how dividend growth investing really does work as Jason has gone from a $5000 portfolio to $150k in 4 years by avoiding lifestyle inflation and investing in blue chip, dividend growth companies. Great motivation for all of us just starting out.

3. Front-Loading. Although not a new post this week, I just discovered the Mad Fientist’s (what an awesome name right? πŸ˜‰ ) site recently and have been looking through his older posts. This one covers the topic of “front-loading” your retirement accounts and if it is a good idea to try to max out your retirement fund (401k, IRA’s, or TSP) at the beginning of the year as quickly as possible in order to better take advantage of market gains. Interesting concept and one I may try to implement next year with my TSP. Although I won’t be able to max it out (the max is almost as much as my yearly salary), maybe I can contribute my entire goal amount to it in large sums at the beginning of the year. To make a strategy like this work though, you have to make sure you have plenty of cash saved up to live on in the meantime.

4. Learn More About Your Thrift Savings Plan. Nice post by Brandon over at Military Finance Report explaining how best to manage your TSP retirement account. It looks a combination of the stock index funds offered with the plan is the best choice for TSP members. I personally invest in the “C” Fund, an index fund that tracks the S&P 500. The important point he makes is how it necessary to review your allocations once a year and adjust as your life and finances change.Β Note how he doesn’t recommend investing in the “G” Fund if you’re a younger investor. This is the same fund that all new MyRA contributions will be going to.

Hope you enjoyed these posts from around the web. Enjoy the rest of your weekend! πŸ™‚

Image courtesy of Master Isolated Images/FreeDigitalPhotos.net

4 comments

  1. SFZ,

    Thanks for including me in your roundup! Much appreciated. πŸ™‚

    Hope you’re having a great weekend. And great job starting out so early in life. By the time you’re my age you’ll be well on your way to FI!

    Best wishes.

    1. Jason,

      Thanks for stopping by and commenting. Your blog was one of the first I discovered while starting my dividend growth investing journey and it really inspired me to get started and eventually blog about it.

      Enjoy the rest of your weekend.

      Best wishes.
      -SFZ

  2. Thanks for including me in your weekend wrap up too. I started out early like you and its propelled me from my poor days into a comfortable lifestyle without having to worry about finances. I’ve also added you to my blogroll as well.

    1. Brandon,

      Thanks for commenting and adding me to your blog roll, much appreciated sir! πŸ™‚

      Hope you are enjoying your weekend.

      Best wishes,

Leave a Reply