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Smart401k Blog

Christmas Price Index: an analysis

Monday, December 20th, 2010
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For the 27th year, PNC Bank released a Christmas Price Index – the PNC CPI is not to be confused with the government’s Consumer Price Index, which is a little more important. The Christmas Price Index assesses the value of each gift from The Twelve Days of Christmas, and they have this fun video to provide some details. Though we haven’t received a single call about the index, we thought a little analysis was still in order. (more…)

A Golden Opportunity? Maybe Not.

Wednesday, November 17th, 2010
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It’s tough to turn on the TV or read a newspaper or browse the Internet and not see a story about the soaring price of gold – as of this writing, gold has been trading in the range of $1,300 – $1,400 per ounce. With the price of gold having grown at a pace much quicker than the stock market, I tend to get a lot of phone calls and emails about whether people should be buying as much gold as they can. As tempting as it may be to buy into this gold rush, at today’s prices, this is not an investment we recommend making.

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Summer Trends

Wednesday, June 23rd, 2010
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Summer officially started June 21, 2010. It’s the season for swimsuits and sunscreen. In addition to cramming your mini-van to the brim with luggage and gear, or carefully packing your one-bag-per-person-and-forget-the-carry-on luggage, you’ll probably participate in and/or notice lots of other summer trends and traditions. The economy and your budget are all affected during the summer months to some degree. Understanding these trends and knowing what you can do for your own pocket-book will help with your summer spending strategy.

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