Free money from CitiBank: 0% balance transfer

Reading Time: < 1 minute Last week I received the new credit card from CitiBank, which I immediately put it in use by transfering some of the high interest (7.75%) debt in my HELOC to this account. Note this 0% offer is valid for one year. I found out this offer from MyMoneyBlog. I have done credit card balance transfer… Continue reading Free money from CitiBank: 0% balance transfer

New 401k, $25 from MasterCard, Staples Rebate

Reading Time: < 1 minute 401k My new 401k plan did first purchase yesterday. I got 0.47 shares of company stock plus other mutual funds. If this rate holds, I am going to get 12 shares this year 🙂 MasterCard CCF settlement I registered for $25 settlement fees. Now waiting its arrival to my mail box…I understand it will take… Continue reading New 401k, $25 from MasterCard, Staples Rebate

Fund selections for Vanguard IRA

Reading Time: < 1 minute I picked the following funds (and their weight) for my Vanguard IRA yesterday. Vanguard International Value 50% (developed market large cap value) Vanguard Winsor II 25% (US large cap value) Vanguard Selected Value 25% (US mid cap value) The first two funds are in my current 401k plan, I found the Vanguard Selected Value through… Continue reading Fund selections for Vanguard IRA

Big Mac, Dollar and 401K

Reading Time: 2 minutes Yum Brand, the parent co. of KFC, Pizza Hut and Taco Bell, had a great quarter yesterday, thanks to the loyal customers in China flocking to KFC and Pizza hut. Maybe because they think the steamed bun in Beijing are unsafe? Yesterday I heard about this Big Mac index (link to Economist) from NPR. This… Continue reading Big Mac, Dollar and 401K

Growth Fund or Value Fund?

Reading Time: < 1 minute I prefer value fund in my 401K. This is from what I read (don’t remember exactly where) and from looking at the returns of funds in my 401K. Barrons’ statistics confirmed this. The worst growth fund is large cap growth. I don’t have any of those. Go “values” 🙂

My 401K Lessons

Reading Time: 2 minutes I did not put money into 401K right after I started to work in Fall 2000. Looking back this is my biggest mistake in 401K. Although I have some credit card debt at that time, I think I should at least put the money to get the company’s maximum match (free money, hehe). Not to… Continue reading My 401K Lessons