How to Invest Your First $1,000
We all start somewhere. I remember the day I had $1,000 and thought it would be a good idea to…
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.
You need to build passive streams of income, most millionaires have seven or more passive streams, if you want to escape financial gravity.
You can learn about how I built a dividend portfolio, how I think about market valuation, and even my thoughts on angel investing – and much more!
As always, email me or tweet @wallethacks if you want to discuss anything!
We all start somewhere. I remember the day I had $1,000 and thought it would be a good idea to…
Working a job is one way to earn money but it's not the only way. You can save your money and invest it in other companies. You can spend your time building products others will buy or a service someone will use. This is known as passive income. Here are 54 passive income ideas you can start today.
The most important thing about investing is starting early. I want to show you something… (the image is a bit…
Investing is simple. (no that's not the shocking fact) Make regular contributions into an index fund, ensure that you are…
Occam’s razor is the idea that the simpler solution is more likely to be correct than complex solutions. In investing,…
If you want to add an income component to your stock portfolio, Dividend Aristocrats are one of the best ways to do that. Not only do they provide steady income from the dividends they pay, but they also have a long track record of respectable capital gains.
I remember the first time I read Warren Buffett’s annual letter to Berkshire Hathaway shareholders. It was witty, it was…
I love Vanguard. The bulk of my investments are there, minus a few dividend growth stocks I hold in an…
Real estate is a very well understood but often poorly executed way of building wealth. It only takes one episode…
Fundrise is a private market real estate investing platform where you invest in eREITs (electronic REITs) that aren't traded on the public markets. Which is unique since it's usually REITS that invest in commercial real estate and crowdfunding typically invest in residential.
Do you know how much an acre of farmland is worth? $3,380. It varies from region to region but nationally,…
When the stock market is doing well, not too many people talk about real estate investing. It makes sense though…
Bitcoin, Ethereum, Monero, Litecoin, the blockchain, wallets, exchanges - how do you keep track of your crypto? Increasingly, crypto portfolio trackers appear to be the solution. What are the best crypto portfolio trackers? We answer that question and let you know why they’re becoming increasingly important to crypto investors.
We feel loss more acutely than gain and so it's hard for us to invest when it feels like the stock market is falling. See what I do to convince myself it'll be OK and stay the investment course.
It can be easy to misplace important documents, like 401(k) details from a previous employer. Yet, these funds are vital to retirement planning and calculating your net worth. Or, perhaps you’re the surviving spouse or child trying to track down an estate benefit. Here are the steps you can follow to find an old 401(k).
Investment research websites are essential for anyone who wants to trade individual stocks. TipRanks offers a unique set of tools that can help you view professional analyst ratings and gauge investor sentiment. These research features can be a welcome addition to your preferred fundamental and technical indicators. This TipRanks review looks at the free and premium tools available.
The best stock trading apps offer commission-free trading and a wide investment selection. Each one has its strengths and weaknesses, so it’s worth your time and effort to do the proper research and choose the app with features best suited to your investment and research strategy. This guide will help you do just that.
I've long been a fan of Series I bonds as a inflation protected safe investment and with rates set to go even higher in May 2022, you may want to include them in your portfolio too.
Art is finite, meaning, there's only one original piece that's created. If several people want it, it creates a supply and demand problem and the value of that art goes up. Because of this simple truth, you can make money by investing in art. Here are a few ways to do it.
Mainvest offers investors an opportunity to spread their wings by investing in small, local businesses for as little as $100. Mainvest uses a crowdfunded investment model in which investors provide financing for small businesses in exchange for regular interest income. This Mainvest review covers the basics; key features, how to sign up, and the pros and cons.
Did you know that you could short the entire S&P 500 index with a single ETF? Read about inverse exposure ETFS (or bear ETFs) and the two companies that aim for 1x, 2x, and 3x inverse returns.
The Vanguard S&P 500 ETF (VOO) and the Vanguard Total Stock Market ETF (VTI) are two of the largest and most popular investment funds in America. Each ETF is used to represent the general US stock market in a portfolio. But in a head-to-head comparison (VOO vs. VTI), is one better than the other?
As the popularity of cryptocurrencies grows, so are the products and services being offered in the asset class. One increasingly common example is Stablecoin. It’s a version of cryptocurrency that’s increasingly available on crypto exchanges, but it’s different from regular crypto because its value doesn’t fluctuate. Find out more about the benefits of stablecoin.
Choosing the right investments is one of the most difficult parts of investing for yourself. While they won't make recommendations, Seeking Alpha can provide the information and analysis you need for success. In this Seeking Alpha review, I let you know how the platform works, and cover the essential features.