Years ago, brokers used “free stock trades” was a sexy promotional offer for new accounts. Open a new account at E*Trade, deposit at least $10,000, and you would get 500 commission-free trades for sixty days. Deposit some more and get cash. It was a pretty standard new brokerage account promotional offer. Today, led by companies […]
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.
Investing in the stock market can be intimidating. If you’ve stuck with mutual funds, you’ve never had to wade into all the different ways to buy and sell shares of stock. There IS a wrong way to do it and today I hope I can show you the different types of stock orders and which […]
Did you hear the news? The world of robo-advisors might have a new entrant and it’s a huge one – Vanguard. Investment News reported seeing an SEC filing by Vanguard Advisors. While Vanguard hasn’t rolled this out for real, the filing gives you an idea of what they expect to roll out once they are […]
Occam’s razor is the idea that the simpler solution is more likely to be correct than complex solutions. In investing, Occam’s razor is right. Simple is better. And in this case, simple means a handful of passively managed index funds. Over the long run, index investing has beaten actively managed funds as well as hedge […]
Planning for retirement can be tricky for a variety of reasons. If you’re like me, you don’t know what your life will be in 10 years, let alone 40 years. You want to save but you aren’t sure how much… so you turn to retirement planning tools. But when you use retirement planning tools, they […]
When it comes to investing, there are a few names that stick out. For mutual funds, the giants are Vanguard and Fidelity. For robo-advisors, we think of Betterment and Wealthfront. So if you were to pit the best of the pack from each category against one another, a fair representation would be Vanguard vs. Betterment. […]
When it comes to magazines or newsletters about personal finance, I have a soft spot for a newsletter called Bottom Line Personal. When I was a kid, our neighbor Chris would come over and have a chat with my dad about once a week after dinner. Every time he came over, he brought all sorts […]
Investing when you’re in college certainly isn’t easy. You’re not making much money, you’re probably accruing student loan debt, and you’re just too busy to be bothered with investing! But investing while you’re still in college comes with some benefits that are too great to ignore, like: Building solid financial habits, Getting a headstart on […]
Warren Buffett once told Becky Quick on CNBC that he’d buy up a couple hundred thousand single-family homes if it were more practical for him to do so. Real estate is one of those areas where expertise, research, and hard work can yield what investors call “alpha.” It’s what a successful investor is able to […]
We have all heard the phrase “time in the market trumps timing the market.” That phrase simply means that timing the market is a fool’s errand. You cannot win. It’s far more important to be invested in the market and stay invested in the market. You only start touching your investments when you need to […]