Robo-advisors have been around for years. Betterment, one of the oldest, was founded over ten years ago in 2008 and has $13.5 billion in assets under management (as of March 2018). It still pales in comparison to Vanguard, founded in 1975 and has $5.1 trillion in assets under management (as of January 2018), but it […]
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.
Are you looking to open a new brokerage account but aren’t sure which one? Many brokerage firms compete for business by offering new account bonuses based on the assets you can transfer to their platform. While the bonus shouldn’t the only consideration, it can be a big one since the dollar amounts are so large […]
For years, Google Finance was one of the best portfolio trackers available. You could put in a list of stocks, including transaction information, and it would give you a snapshot in moments. It even kept a cash balance so that transactions could reflect an actual portfolio. It was one of the go-to platforms for investment […]
I love my Roth IRA. I was lucky in that my dad pushed me to open one the moment I started earning money that was reported on a W-2. The Roth IRA was created in 1998, the year I started college, so I got in as early as once possibly could have gotten a Roth […]
I’ve always heard that real estate is the path to wealth. You probably have too. For many Americans, that means your primary residence. You buy it, you make your mortgage payments, and those “forced savings” plus property appreciation result in equity that often makes up a large percentage of your net worth. For others, it […]
Passive income is the dream. It is said that millionaires have seven streams of income and I personally believe income streams free you from the shackles of employment. But passive income can be a little… irregular. Irregular income isn’t an issue if you know how to handle it, but why build a passive income system […]
We are wonderfully predictable creatures, aren’t we? 🙂 We love to gamble. We love the get rich quick story. We love the lottery. We love the rags to riches story so much that it is the basis of many classic stories. And no one likes to gamble, get rich quick, or play the lottery like […]
For decades, companies have been giving away free stuff to get you to try their service. Brokers, like E*Trade, would offer hundreds of free trades within a fixed window whenever you signed up. Their latest advertised offer seems to be 60 days of commission-free trades. It’s a nice offer, but what if I don’t want […]
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 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 […]