Invest Prudently

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!

How to Start Investing

54 Best Passive Income Ideas to Earn $1,000+ (November 2022)

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.

Investing in the Stock Market

Dividend Aristocrats, Kings & Other Stock Market Royalty

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.

The 10 Best Vanguard Funds

I love Vanguard. The bulk of my investments are there, minus a few dividend growth stocks I hold in an…

Real Estate Investing

Fundrise Review 2022: Commercial Real Estate Investing for Just $10

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.

Invest Prudently:

What Is a Mutual Fund?

A mutual fund can be one of the easiest ways to invest, as it gives you exposure to hundreds or even thousands of underlying stocks and bonds, even if you only have small amounts to invest. This guide will help you understand mutual funds and how to utilize them in your investment plan.

HoneyBricks Review: Tokenized Real Estate for Accredited Investors

HoneyBricks is a new crowdfunded real estate investing platform that uses digital tokens to invest in real estate instead of paper shares. But as a brand-new platform with a unique twist on real estate investing, is HoneyBricks trustworthy? Find out more about HoneyBricks and tokenized real estate in this review.

How to Find the Best Penny Stocks on Robinhood: What to Look For

Despite the highly speculative nature of penny stocks and their well-documented disadvantages, thousands of investors flock to them each year. But what are penny stocks, the risks, and the rewards, and what are the best penny stocks on Robinhood, one of the most popular trading platforms for penny stocks?

AcreTrader vs. FarmTogether: Which Farmland Investing Platform is Better?

Until a few years ago, it was difficult to invest directly in farms because of several entry barriers. These days, accredited investors can gain exposure to farming through AcreTrader and FarmTogether. This AcreTrader vs. FarmTogether comparison highlights the vital differences between each platform and helps you choose the better service for your investment goals.

Best Discount Brokers: Which Online Brokerage Is Right for You?

The best discount brokers can provide free stock trades and have robust research capabilities. Several also offer fractional investing to avoid having uninvested cash. You can use these brokerages for long-term investments and avoid the frustrations of trendy investing apps. Here is our list of the best discount brokerages, and what makes each one stand out.

How to Invest In the S&P 500: Index Investing Made Easy

One of the most popular methods for investing in the stock market is through the S&P 500 Index. Investment advisors frequently recommend it as the primary choice for the stock portion of a typical investor’s portfolio. But how does the S&P 500 work, and what's the best way to buy the index? Learn more.

Best No Penalty CD Rates – 4.05% APY (November 2022)

With interest rates rising, many investors want to take advantage of the highest deposit rates they’ve seen in years. A no-penalty CD lets you withdraw some or all your funds from the certificate before the maturity date without paying the penalty. Here are the best no-penalty CD rates currently available.

How to Find a Fee-only Financial Advisor – And Why it Matters

There comes a time when you may need to hire a financial advisor. Unfortunately, plenty of people are out there claiming the title. Fee-only advisors are more likely to put your financial interests ahead of their own. In this article, I'll show you why I recommend fee-only financial advisors for most people.

What Is a Multi-Year Guaranteed Annuity (MYGA)?

A multi-year guaranteed annuity (MYGA) provides an investment income stream that is generally more conservative than other annuity types. You might think of an MYGA as the CD version of annuities. This article will explain how MYGAs work, including tax treatment, pros and cons, and how they compare to other investment vehicles.

What Are Brokered CDs?

At their core, bank CDs and brokered CDs are the same product. But upon closer inspection, there are several key differences. These include how they are purchased, options for maximizing FDIC coverage, and other provisions. This article covers broker CDs and how they work to help you decide if they're right for your portfolio.

What is a CD? (Certificate of Deposit)

What is a CD? Certificates of Deposit have long been a popular investment choice for investors who want to keep their money safe, secure, and close by but still earn an attractive interest rate. But the investment isn't ideal in every situation, nor is it the right solution for every investor.

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