Even during normal times, the stock market is unpredictable. But when you throw in a pandemic, things can really get crazy. Just look at the first quarter of 2020 when the market fell 35% in just 16 trading days. Then, when everyone assumed it would be a rough year to own stocks, the market ended […]
Archive | Investing
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.
Profitable Ideas: The Boring Way to Build Wealth, Great Advice for Young Investors, and More
Weekly roundup of some of the best personal finance articles from around the web. Bored, lonely, and confused: why it’s okay to feel lousy while investing (Morningstar). Despite recent appearances, Wall Street isn’t a casino and true investing isn’t gambling. How the stock market works (A Wealth of Common Sense). In an investing world that […]
Investing in a Time of Plenty. What Could Go Wrong?
Since the S&P 500 hit a low of 2,305 on March 16, 2020, the stock market sprang back strong, finishing 2020 with a more than 16% gain. Despite a shaky first month of the new year, it’s still well above its pre-pandemic high of 3,380 on February 10 of last year. Some say we’re in […]
Profitable Ideas: You Must Be Present to Win, The Benefits of a “Buy Nothing” Group, and More
Weekly roundup of some of the best personal finance articles from around the web. The price of admission (Compound Advisors). To invest, you have to make peace with volatility. You must be present to win. Don’t overdo it (Humble Dollar). Frugality — too much of a good thing is not a good thing. Becoming a […]
Profitable Ideas: Raising Kids To Be Contributors, Buying Investments Early and Often, and More
Weekly roundup of some of the best personal finance articles from around the web. 10 ways to raise kids to be contributors (Focus on the Family). It’s a worldview, and it can be taught. Just keep buying (Of Dollars and Data). Why you should buy investments the same way you buy food — often. Income […]
Profitable Ideas: This Might Get You Audited, Building Wealth the Boring Way, and More
Weekly roundup of some of the best personal finance articles from around the web. 22 IRS audit red flags (Kiplinger). It’s always struck me as odd that people who give especially generously are more likely to be audited. Rationality in investing (Retirement Field Guide). Taking a long-term perspective will be better for your portfolio, and […]
Profitable Ideas: Happy Spending, Setting Goals in the Midst of a Pandemic, and More
Weekly roundup of some of the best personal finance articles from around the web. How to spend your money for maximum happiness (Popular Science). The latest on what science tells us about the money/happiness connection. Here are creative ways to teach your kids about charity (CNBC). Good ideas for cultivating hearts of generosity in our […]
Profitable Ideas: When Free Isn’t So Good, Keeping Money In Its Place, and More
Weekly roundup of some of the best personal finance articles from around the web. Is Robinhood good for investors? (The Irrelevant Investor). The trading platform has certainly spurred a lot of debate. Personally, I love commission-free trading and have benefited from fractional share trading (via Fidelity). The problem, it seems, is that these benefits have […]
Profitable Ideas: A Little Bit of Savings Goes a Long Way, Get Ready for Digital Health Passes, and More
Weekly roundup of some of the best personal finance articles from around the web. How much is $20 a month worth? (A Wealth of Common Sense). Boosting your savings by a little bit can make a big difference. How to save for a big purchase (Of Dollars and Data). Low risk isn’t the same as […]
Profitable Ideas: Managing Your Career While Working Remotely, The Financial Scripts You Live By, and More
Weekly roundup of some of the best personal finance articles from around the web. How to keep climbing the ladder while you work from home (NY Times). Working remotely and the challenge of staying visible. The 10 highest property taxes by state (Clark Howard). When we moved from Illinois to Kentucky in 2012, we felt […]