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 […]
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.
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 […]
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 […]