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.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Think of the name Warren Buffett and you immediately think, “One of the world’s richest people” or “One of the greatest investors ever.” Both are true. But do you know why he has been so successful at building wealth through investing? Many books have covered this topic and they usually describe him as a “value” […]
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 […]
It’s easy to make managing money more complicated than it needs to be. That’s because money isn’t just an objective “means of exchange” as the dictionary defines it. Money is wrapped up in our emotions – our hopes, dreams, and fears. And our use of it is strongly influenced by the many messages of our […]
