Weekly roundup of some of the best personal finance articles from around the web. How rich people go broke (A Wealth of Common Sense). Even A-list movie stars make financial mistakes. Learn from Robert Di Nero’s miscues. 5 unexpected ways doing a budget will change your life (Live Your Wage). It’s simply the most powerful […]
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.
The Critical Importance of Following a Trustworthy Investing Strategy
It’s been a wild ride in the stock market this year — from an all-time high in mid February to a 34% drop over the next 16 trading days to a roaring comeback. And who knows what’ll happen next? This year has highlighted the importance of following a trustworthy investment strategy. I went on something […]
Profitable Ideas: The Stock Market is Not a Game, The Perfect Home, and More
Weekly roundup of some of the best personal finance articles from around the web. “Everyone who thinks the stock market is a game loses” (The Wall Street Journal). The best approach to investing shouldn’t be all that exciting. House hunters now need pre-approval letters to walk in the door (Money). The new rules of home […]
Profitable Ideas: Best Investing Advice for Teens, Your Chances of Getting Audited, and More
Weekly roundup of some of the best personal finance articles from around the web. What’s the best investing advice parents can give teenagers? (A Teachable Moment). When it comes to investing, kids have an invaluable asset: time. What are the real chances your taxes will get audited by the IRS this year? (Money). In short, […]
Profitable Ideas: Popular Kids Earn More, Protecting Your Summer Vacation, and More
Weekly roundup of some of the best personal finance articles from around the web. Sigh. Popular kids earn more money as adults, new research suggests (Money). Career success isn’t just about grades. It’s about social skills. What if? (Humble Dollar). No one could have seen the pandemic coming, but there are a lot of risks […]
Profitable Ideas: When Investing Becomes Gambling, The Ripple Effect of Each Purchase, and More
Weekly roundup of some of the best personal finance articles from around the web. Some things about the markets that will never change (A Wealth of Common Sense). This year’s crazy market has attracted lots of people who are more interested in gambling than investing. What could go wrong? Lasting changes COVID could make make […]
Profitable Ideas: Buyer Fatigue, Unconscious Financial Competence, and More
Weekly roundup of some of the best personal finance articles from around the web. I don’t feel like buying stuff anymore (BuzzFeed). Will the pandemic reorder our spending priorities? Want to be more productive? Try doing less. (HBR). A convicting — and possibly inspiring — look at how much of a typical 40-hour work week […]
Is Another Market Crash Coming?
Since my day job involves helping people invest well, I read lots of articles about investing. Some days, that feels like an amazing gift. I get paid, in part, to learn. Other days, it feels like a job hazard. If you’re new to reading about investing, it can seem perplexing, even maddening. It is common […]
Profitable Ideas: The Coronavirus Gold Rush, Make the Most of Your Time, and More
Weekly roundup of some of the best personal finance articles from around the web. The coronavirus-driven gold rush (Axios). Apparently, a lot of new investors have been drawn to the stock market, thinking there’s easy money to be made. Please have a plan! How the current crisis could impact the future of fashion forever (Worth). […]
Profitable Ideas: Why Your Liquid Net Worth Matters, Safeguarding Your Online Financial Life, and More
Weekly roundup of some of the best personal finance articles from around the web. Why liquid net worth is so important for your finances (Of Dollars and Data). Net worth is one way of keeping score, but how much of it could you access if you needed to? Lost your job but still have a […]