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.

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Are You Financially Healthy? Rate Yourself Using These 9 Qualifications

In 2016, a study published in Mayo Clinic Proceedings quantified how many Americans have a healthy lifestyle. Can you guess what number it came up with? Less than three percent! In order to qualify, a person had to meet four criteria: Moderate to vigorous exercise for at least 150 minutes per week, a diet score […]

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Profitable Ideas: Easing Your Money Worries, Teaching Kids an Invaluable Lesson, and More

Weekly roundup of recommended personal finance articles from around the web. Stop worrying about money (Living Well, Spending Less). Good, practical steps for getting to a better place with money. 4 lies our consumer society is telling you that you should reject right now (No Sidebar). Our culture speaks to us every day, often in […]

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Profitable Ideas: The High Cost of “Free” Checking, Happy Spending, and More

Weekly roundup of recommended personal finance articles from around the web. Myth of “free” checking costs consumers over $8 billion a year (Bloomberg). Overdraft “protection” sounds like a benefit. It can cost you. The single most important thing to know about financial aid: it’s a sham (Slate). The headline might be a little over the […]

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Profitable Ideas: The First Bear Market is the Toughest, The Gift of Mac & Cheese, and More

Weekly roundup of recommended personal finance articles from around the web. If this is your first bear market, there’s no need to panic (Bloomberg). For newer investors, this year’s market performance may be a bit jarring. Here’s some helpful perspective. The gift of mac & cheese (Compass). I love this story. I think you will, […]

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Success Goes to the Steady, Not the Speedy

We’re all drawn to stories of people who achieve “overnight success.” They make for great headlines and sell a lot of magazines and books. Problem is, they’re a myth. In the business classic, “Good to Great,” author Jim Collins explored the reasons why some companies break away from their pack of competitors and achieve remarkable, […]

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Profitable Ideas: What’s Missing From Too Many Estate Plans, Mental Toughness Training for Kids, and More

Weekly roundup of recommended personal finance articles from around the web. How to prepare your digital life for your death (PC Magazine). Access to online accounts needs to be part of every estate plan. What happens to travel miles and hotel points when you die? (Clark Howard). Another example of an estate planning issue most […]

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Profitable Ideas: Rewriting Your Money Script, Becoming a Better Investor, and More

Weekly roundup of recommended personal finance articles from around the web. How to figure out your “money script” — and change the way you handle your finances (Money Ning). We all have conversations about money going on in our minds. Change the conversation and you could change your experience with money. The difference between busy and […]

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When Using a Target-Date Mutual Fund, Buyer Beware

Investing is arguably the most complicated and intimidating aspect of managing money. That’s one reason why target-date mutual funds have become so popular. Such funds, offered by many mutual fund companies, handle some of the most important investment tasks for you. They are now the default choice in many workplace retirement plans. But is using […]

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Profitable Ideas: College Loses Its Luster, Quitting the Comparison Game, and More

Weekly roundup of recommended personal finance articles from around the web. College degrees lose luster as inflation surges and student debt balloons (Bloomberg). I wonder if part of the problem is that too many entering freshmen don’t know what they want to study, which leads to delayed graduation, which leads to more cost.   When […]

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