Entries from January 2009

Zecco to cease 10 free trades for accounts less than $25,000!

January 31st, 2009 · No Comments

I just checked my e-mail and saw that I had received an e-mail from Jeroen Veth @ Zecco Trading. The e-mail states that as of March 1, 2009, Zecco will cease to provide 10 free trades per month to accounts with a portfolio balance of $2,500. Instead, accounts will need to either have a portfolio size of at least $25,000 or make 25 or more trades per month.

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Ivy Portfolio September Update
Ivy Portfolio August Update
Read more on Hang Lung GRP at Wikinvest

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Tags: Brokerage

Trading large cap US mutual funds for individual company stocks

January 31st, 2009 · No Comments

I write a lot about our plans and strategies to reach “geographic independence”, but it is important to keep in mind that we’re also simultaneously pursuing a “traditional” retirement plan. That is, investing in our 401k and IRA options for asset and income growth. This past week my wife and I talked and we agreed to make some changes in those accounts.

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How to pick a winning mutual fund
Muni Bond Funds Continue To Fall
Municipal Bonds Funds Yielding Over 4%
Read more on Mutual Funds at Wikinvest

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Tags: Equities · Investing · IRA

CD 4 in our emergency fund CD ladder – max rate at the local credit union

January 27th, 2009 · 1 Comment

We opened our fourth CD in our emergency fund CD ladder over the weekend. As I commented on my own post about our third CD, we went with a local credit union rather than any of the online banks because the yield was so much higher.

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Increasing Your Emergency Fund
Do I need an emergency fund?
Read more on Max, Wharf (HLDGS), Emergency Fund at Wikinvest

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Tags: Savings

Applying our covered call strategy; we need automation!

January 24th, 2009 · 2 Comments

As I’ve mentioned previously, my wife and I are looking into using a covered call strategy to try and boost returns in our portfolio. So yesterday I spent some time running through a few trading scenarios to see whether there are some trades we should be trying to make. Here’s the process I ran though, and my logic of why it was the right thing to do. Please feel free to comment and let me know if you think we’re making bad decisions!

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Tags: Options

ING Direct lowered interest rates yesterday

January 21st, 2009 · 2 Comments

ING Direct lowered their interest rates on a number of bank products yesterday. It hasn’t been all that long from ING’s last rate drop which I wrote about on December 30th, 2008, so I’m guessing this answers my previous question regarding how frequently ING changes its rates. More often, but smaller sized changes.

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$25 Bonus: ING Direct Savings
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Read more on ING Groep N.V., Interest Rates at Wikinvest

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Tags: Checking · Personal Finance · Savings

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