Can I Roll My 401k into a Roth IRA?

This question comes up more times than I can count. Can I roll my 401k into a Roth IRA?

And the simple answer is, not directly, but indirectly you can.

What Does The NASDAQ Stand For?

This is actually a fun question for me, because people ask me, what exactly does the NASDAQ stand for? Well, if we were back in 1971 when the NASDAQ was created, I would say it stood for the National Association of Securities Dealers Automated Quotations, the NASDAQ.

Weekly Economic Update for March 22, 2010 by Pete Mitchell

Inflationary pressures remain weak in this subdued recovery. The Consumer Price Index was flat in February; core CPI rose 0.1%. CPI only advanced 2.1% over the last 12 months of data. Core CPI rose 1.3% in that period, the smallest year-over-year gain in six years. The Federal Reserve forecasts core CPI advancing 1.2% for all of 2010.1,2

Weekly Economic Update for March 15, 2010 by Pete Mitchell

Pete Mitchell here. I’ve got your weekly economic update for march 15th, but before I get to that, let me just share with you how disgusted I am with our state and federal government. As you may or may not know, tax returns for corporations are due today. As I was doing these for my companies, I always like to through the numbers into my personal return to see what the damage is.

March 8, 2010 Weekly Economic Update by Pete Mitchell

The Labor Department reported only 36,000 net job losses last month, so the jobless rate was flat for February, unless you were one of the 36,000 that lost their job, then it was pretty close to 100%. Economists had widely assumed the unemployment rate would inch upward due to winter weather affecting construction and retail industries.1 As I’ve been saying for a while, we are not out of this, not even close.