Investing can feel complicated and robo-advisors promise to make it simpler. By trusting in their algorithms, after filling out a profile and assessing your risk tolerance, they promise to handle the investment for you. They’ll pick low-cost funds, they’ll rebalance as necessary, and they’ll even tax loss harvest for you – all for a low […]
When I was younger, I was taught that the key to financial freedom was saving as much money as you could.
While true, it's not the whole story. Saving can only get you so far - you need to invest prudently too.
When you start investing outside of the stock market, you’ll see a term come up often – accredited investor. When I started angel investing, I saw the term come up quite a bit. As I left that world, with my tail tucked a little between my legs, and started looking at real estate – it […]
When the stock market is doing well, not too many people talk about real estate investing. It kind of makes sense though. The stock market is easier. You buy some shares, you sell some shares, you record the gains and losses on your return, life is pretty simple. Real estate is a little trickier. Buying […]
In 2012, Warren Buffett appeared on CNBC’s Squawk Box with host Becky Quick. Warren Buffett told Quick that if it were practical, he’d buy up a couple hundred thousand single-family homes. It’s a very attractive asset class. It’s now six years later and while the residential market has heated up in many areas (just ask […]
On November 7th, RealtyShares sent an email out to all of their investors that they would be shutting down. Fortunately, the investments are going to be safe. They won’t be taking on new investors, they won’t be taking on new investments, but they will continue to service the $400 million they do have under management. […]
I have a friend who enjoys horse racing. Well, to be precise, I have a friend who enjoys betting on horse races. When we go to Las Vegas, we like to spend an afternoon at a sportsbook. We pool our money and he picks a few races. On any typical trip, we sit down with […]
Many years ago, companies that promised free stock trades were living on borrowed time. High volume traders plus no commissions meant bankruptcy for the likes of Zecco (eventually acquired by TradeKing, which was itself acquired by Ally Bank). But Robinhood has shown us that a brokerage offering free trades can work. They’ve figured out you […]
Not too long ago, I wrote about how I was never going to buy Bitcoin. Back then, it was going for $11,000 a coin. Today, the price is around $6,500 a coin. Bitcoin and other cryptocurrencies can be extremely volatile. But that’s what makes them appealing for so many people. Much like daytrading was popular […]
I enjoy reading the news but it can be stressful to see the stock market go up and down. Well, only when it goes down. The up days are nice. 🙂 It’s even more stressful when all the news lately is how we’re minutes away from a recession. Logically, I know that I should not […]
In 2010, I found myself attending the Finovate Fall event in New York City. Even though I’d been a personal finance blogger for over five years, I hadn’t heard of so many of the companies presenting. I took a lot of meetings those couple days including one with a young guy planning on changing the […]