What if I told you there was an investment with a government-mandated guaranteed rate of return? You probably would say – “Thanks Jim, but I’m not a dummy and I know about certificates of deposit and they’re super boring.” (they’re also super safe!) If you could read the title of this post, you probably already […]
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 it comes to running a business, you have to make a lot of decisions. Most of them involve how you’re going to run and grow that business. One of the decisions you probably never thought about as an employee (but changed when you became a business owner) has to do with your retirement plan. […]
As long as there’s been money, there have been folks scheming up ways to steal it. And throughout history, these folks have been celebrated. Everyone loves an exciting story and nothing is more exciting than a bank robbery! You have the most famous ones, the bank robbers, and the likes of Bonnie and Clyde, Billy […]
One of the fascinating parts about the stock market is that practically everyone with an opinion about it is, more or less, right. Is it a good way to build wealth? Yes. Can it ruin fortunes? Also, yes. Is it a Ponzi scheme? Kind of, in the sense that part of the reason it keeps […]
When it comes to Vanguard, it’s no secret I’m a fan. One of my first brokerage accounts was with Vanguard, back in 1998, and I could thank my dad for telling me about them (and the Roth IRA!). So when I say I’ve been a long-time Vanguard investor, I mean it. And as someone who […]
99% of the time, I say yes. Before I started working for myself, I had two previous jobs. In both cases, I rolled over my 401(k) into a Rollover IRA at Vanguard. I did this because Vanguard offered better and cheaper investment options compared to my previous employers’ plans. Vanguard doesn’t charge annual maintenance or […]
Have you ever wanted to look at all of your investment portfolios in one place and see if you’re making the right decisions? If you have all of your holdings in one brokerage, it’s not too difficult. If you have several, as many people do, it can be a little more complicated. And it’s not […]
Do you remember when Robinhood was founded? It was April 2013 and the idea of a smartphone app only brokerage with free trades blew everyone’s mind. How were they going to make money? How soon until they went under? Fast forward six-plus years and not only is Robinhood still around but they’ve changed the industry. […]
When it comes to investing, most of my money is in a Vanguard fund or ETF. It’s not nearly as simple as a three-fund portfolio but it’s pretty close. However, there is a little piece of it in some stocks because we all need to live a little. To scratch that stock picking itch in […]
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 […]