Getting Started With Investing
For help determining how much you may need for your retirement, figuring out your optimal asset allocation, adopting the best process for choosing investments, and choosing among your IRA and 401(K) options, read The Essentials of Investing. For college funding, read How to Help Your Kids Pay for College.
Investing is arguably the most complicated and intimidating part of money management. And years like this one don’t make it seem any easier! To invest successfully, it’s important to control what you can and let go of the rest. Consider your answers to the following questions, each one of which focuses on a key investing […]
Weekly roundup of recommended personal finance articles from around the web. How to adjust your brain for 8.5% inflation (Wall Street Journal). After enjoying a low-inflation environment for so long, it’s jarring to go to the gas station or grocery store these days. Here’s how to cope. Target-date funds work up to a point. So […]
Weekly roundup of recommended personal finance articles from around the web. The art of money (The Root of All). Managing money well requires more than a calculator. ‘You don’t have to make more than you neighbor or drive a better car.’ Why he ditched the Bay Area for Colorado—buying a house in 15 minutes he’d […]
Weekly roundup of recommended personal finance articles from around the web. Now you get it (Collaborative Fund). How are you holding up in the midst of all the stock market volatility? Do what Jack said (Humble Dollar). In the investing world, there’s an expression: “Don’t try to catch a falling knife.” It was made for […]
Waiting can be tough. We seem to be hardwired to resist it. And our culture does us no favors here. Whatever we’re interested in buying, there are ways — and we’re strongly encouraged — to have it now. Paying for it? That can wait until later. But there are great rewards for those who learn […]
Weekly roundup of recommended personal finance articles from around the web. A rude awakening is coming for millions of new investors (Money). It seemed like it was so easy to make money in the stock market, until it wasn’t. About a third of people admit they’ve committed some form of financial infidelity (Acorns). And that’s […]
Weekly roundup of recommended personal finance articles from around the web. The internet turned “money” into a hobby (Vox). Call me a spoilsport, but for a lot of people this will not end well. How Robinhood’s psych experiment backfired horribly (Wired). It was the stock trading platform of the pandemic, but “…unleashing the ‘move fast […]
Weekly roundup of recommended personal finance articles from around the web. Why is Matt Damon shilling for crypto? (NY Times). Why invest in something you may not understand? Because it’s what brave people do? Ah, no. What fast fashion costs the world (Experience). It used to be that good stewardship meant buying what’s inexpensive. But […]
When you’re in your teens or early 20s, it can be really hard to think about something as abstract as retirement and to put away money for such a vague distant goal. But your age is a huge advantage in building wealth. Huge. The younger you are the more you can take advantage of what […]
Weekly roundup of recommended personal finance articles from around the web. Welcome to the terrordome (A Teachable Moment). If the stock market has you worried, it may be best to face your fears head-on. A single traffic violation can cost you hundreds of dollars in car insurance (CNBC). The only thing that’ll hike your rates […]
