Tag: investing

Fidelity: One Account to Rule Them All (including checking and savings)?

Update 6-25-24: I originally posted this in August of 2023. At that time, the Cash Management Account (CMA) at Fidelity only allowed you to put your "core position" in an FDIC-insured bank account that was paying around 2.7%. Since Fidelity's brokerage account's core position was a Money Market paying around 4.9%, that was my recommendation. … Continue reading Fidelity: One Account to Rule Them All (including checking and savings)? →

Why You Should (and How To) Transfer Your HSA to Fidelity

I've written previously about why I think an HSA is not only great in general, but is especially great if you have the ability to use it as a stealth retirement account. But for folks who want to use it this way, the HSA provider that they are with is not always the optimal choice. … Continue reading Why You Should (and How To) Transfer Your HSA to Fidelity →

Most Unexpected Expenses…Aren’t

“Unexpected Expenses” is a topic that frequently comes up in my classes and when talking with others about finances. This is in the context of a discussion around spending less than you make, saving and investing the rest, and letting compound interest work its magic. Pretty much invariably, several folks will say something similar to … Continue reading Most Unexpected Expenses…Aren’t →

Colorado Teachers Just Got a Big Raise: Now What?

First, I need to apologize, because not every Colorado teacher just got a big raise. But due to a confluence of circumstances, quite a few did. These circumstances include: The state legislature having surplus dollars and finally deciding to try to make up for the years of underfunding of K-12 education (known, I kid you … Continue reading Colorado Teachers Just Got a Big Raise: Now What? →