The Best Alternatives to a 401(k)

The well of creativity is barely a trickle at this point. Our muse went to St. Tropez with someone younger and better-looking, and that was months ago. Is she ever coming back? We’ll leave a light on. Spend more time at the gym. Buy more flattering clothes. Vacuum the house once in a while. Damn, it would have been so easy to keep her. Cinderella were right, you don’t know what you got (till it’s gone).

So here’s the latest in what’s become a weekly series, our recycled Investopedia pieces. We still write for them, by the way. In fact, here’s our latest, give or take. But here’s a piece from many months ago. Still timely, mind you. Much like the nightly sports highlights can show only still photos from pay-per-view events, we’re allowed to show you no more than a sample paragraph from our vintage, nay classic, post. Here’s one that comes complete with a 96-year-old pop culture reference:

With an IRA, the world is your investment oyster. You can invest in just about any security or financial instrument whose value can be measured precisely and daily. What it doesn’t include is things like collectibles. Your mint-condition Inverted Jenny 24¢ stamp might be worth $925,000, but that’s only an estimate based on the price the most recent profligate rich person paid. It could take years to find a comparable rich person. One hundred shares of a stock, however, carry a value that you can calculate to the penny.

Here’s the original in its entirety. (We can’t explain the low-resolution stock photo. That’s Investopedia’s deal, not ours.) Enjoy.

An Investopedia Repost About Lockouts and Such

From our Investopedia files, a piece about sports labor strife. Which doesn’t pertain to your life unless you’re an athlete, an agent, or maybe a team owner, but it’s an entertaining read. Trust us, we wrote it. Here’s an enticing sample:

By 2011, pro football had metamorphosed from popular sport into national obsession. That spring, the NFL’s collective bargaining agreement had expired. The owners attempted to implement some draconian new measures, including an extended season (two additional chances to suffer a career-ending injury!) and a tight salary cap for rookies. The union decertified, several players filed an antitrust suit, and the league locked them and their teammates out. Within a month, a judge invalidated the lockout. By late July both sides agreed to a new collective bargaining agreement, too late to save the first exhibition game, but guaranteeing a decade of labor peace.

Full version here. Enjoy.

Click Here To Claim Your $3,658

No, of course not. This is an article about online scams and how to avoid them. You already found your way to our site with minimal difficulty, which means you’re smart enough not to fall victim to a scammer in the first place, but maybe you can print this out and mail it to your grandmother before she wires money to a sweet-talking man on the other side of the globe. This is part of our Lazy Friday series, in which we link to an old Investopedia article of ours, and update it if warranted. This one didn’t warrant it.

Here’s the attention-getting introductory paragraph, the maximum that our agreement with Investopedia allows us to reproduce here:

You may already be a winner. But, not if you go through your spam folder, responding to everyone who offers you money. Fraud is one of the most dynamic online “industries,” continuously changing to keep pace with an ever-more-skeptical population. According to a report from the National Consumers League, in the late 1990s, when the internet was still in its nascence, the most common way to steal money online was to sell services and never deliver them. Today’s scammers are more indirect, if just as diabolical.

Great stuff, no? Click here for the original.