Newsletter Archive

Marotta On Money - July 16 Newsletter

Budgeting

Squirrel Away Money While You Can (09-12-2005)

In 1985, an MIT professor won the Nobel Prize for a simple technique that squirrels have known intuitively from birth -- you have to "squirrel" away some nuts during times of plenty so you can survive during times of scarcity. Economist Franco Modigliani won his Nobel Prize for modeling how humans manage their household finances over a lifetime. Modigliani looked at the income and expenses of typical people over their life from the time they entered the workplace, raised their families, and retired. He found there were times when the household’s income was more than sufficient to meet their expenses and other times when money was tight.
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Upcoming Events

08/03

Virginia's Sales Tax Holiday: School Supplies and Clothing.

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08/15

Avoid College Credit Card Offers

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In The News

Radio: What Equality Should We Seek in Society?

David John Marotta was interviewed on radio 1070 WINA's Schilling Show discussing the idea of "equality" in society. He argues that there are two main view of equality: equality of process, and equality of result. Which ideology is better for society as a whole?

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Featured Video

Video: Roth IRAs Make Great Estate Planning Tools

Be Smart When You Rollover Your 401(k) (01-29-2007)

There are few better investment returns than an employer's matching contribution made to your 401(k). But after you retire or leave that company's employment, you should almost always roll your 401(k) into an IRA for better investment choices. Being smart by rolling over your 401(k) can pay dividends for decades. Most people leave the money in their old 401(k) plan or roll the money into their new employer's plan. Neither of these options escapes the fees and limitations associated with 401(k) plans. Even worse, taking a lump-sum cash distribution and paying taxes and penalties can be detrimental to your long-term financial well-being.
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investment