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What is Asset Allocation?

Different buckets for asset allocation

What is Asset Allocation?

Different buckets for asset allocation

Different buckets for asset allocation

Asset allocation is an investment strategy that is used to choose among various asset classes such as stocks, bonds, commodities, foreign currencies, real estate, annuities and life insurance, and high value collectibles including precious metals.

Asset allocation as a way of investing is an important part of a person’s financial planning process that primarily concerns the very relationship of an investment portfolio’s risk and return.  Different asset classes offer different risks and returns as long as their performances are not perfectly correlated (if they go up and down in the same market conditions).  Asset allocation reduces the volatility of investment results when not all investments in the portfolio rise and fall at the same time.

How is Asset Allocation Related to Investing?

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Buying Stuff on Credit is Expensive [Infographic]

Credit Cards Are Expensive small

You know that making purchases using credit cards is expensive if you do not pay off your balance each month. Indeed, carrying a balance on your credit card is one of the biggest ways that people waste money each month.  However, it is hard to see this, since the minimum payments required by credit card companies are so small and seem so affordable.  The Credit CARD Act of 2009 has required credit card companies to list total payoff amounts, and alternatives to only paying the minimum, on statements, but many still overlook some of the issues associated with a slow repayment of credit card debt.

This infographic from Go Banking Rates offers a look at just how expensive it can be to make purchases using credit:
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Peapod Review – Online Grocery Shopping Made Easy

Locked Shopping Carts

Isn’t grocery shopping a huge time suck?

You pack the family in the car, go to the grocer and deal with the kids running around, stand on line, then drive back to unload groceries.  If you’re like me, odds are this is done on the weekend which is the closest you have to free time.

What’s the alternative?  Peapod.

Check out more in our Peapod review below.

Peapod is an online service (through Stop & Shop) that all allows you to shop online for your groceries. They put together your order and deliver it to you.  Simple and efficient.

Here are the basics of Peapod grocery shopping…

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My Blogging Essentials or What I Use To Blog

Macbook Keyboard

Every now and then the subject comes up – What do I use to blog?  Let me give you a quick rundown of my blogging essentials:

WordPress.org - Here’s where it all starts.  WordPress.org provides the major framework for this site.  Without it I wouldn’t be able to set up a place where I could write and we could all communicate on the articles.  WordPress.org is free to download but you need a hosting plan somewhere else in order to get it up and running.
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What’s This Groupon I Keep Hearing About?

NYHS_Groupon_Deal

Maybe you’ve seen some ads on the web. Perhaps you heard about it on the local news.  I don’t know about you but I’ve been hearing about Groupon everywhere!

So what is this Groupon all about?!?

Groupon (group+coupon) is a site that offers up a daily deal on some of the best attractions, eateries, and shops in your area (well, in lots of areas so far).
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Too Much Debt? 5 Steps To Pay Off Your Debt

I still remember the first day of class at college.

The professor walks into the classroom and hands you a piece of paper called a syllabus.  In that paper is all of the work you will complete over a four month period.  However, you automatically begin to feel overwhelmed.  How, you ask yourself, am I going to finish all of this?

In my case, I would total up all of the number of pages that needed to be read in a semester. I would then take that number and divide it by the number of days in the semester.  Suddenly, reading 15 pages per day seems a lot more manageable than reading four books.
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It’s Still A Good Idea To Buy A House In This Economy

The New York Times, in their Your Money section, recently ran an article titled In Defense of Home Ownership. In the article the author, Ron Lieber, takes to task the notion that now is a horrible time to buy a house.  He mentions that despite the bad housing news we hear, stocks going nowhere, and unemployment not getting better, now can still be a good time to buy.

Here are his cases where home-buying can still make sense:
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