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.
A weekly roundup of some of the more interesting, entertaining, or helpful personal finance articles I’ve read recently. 10 bear market truths (A Wealth of Common Sense). Words of wisdom after a brutal week in the market. What investors should and shouldn’t do in this market (MarketWatch). It’s times like these when you find out […]
Investing is arguably the most challenging and intimidating topic within personal finance. There’s a lot to know and the terminology can be confusing. To lower the fear factor and cut through the confusion, here are some of the investing essentials. Get In The Game There’s a financial force in the world so powerful that Einstein […]
One of the best steps you can take to prepare for your later years is to use a retirement calculator. Doing so can help you see if you’re on the right path and figure out what, if any, changes you might need to make. On the latest installment of my new video feature, Two-Minute Money […]
Investing well is arguably the most challenging part of personal finance. Throw a volatile economy into the mix, and it can seem impossible. My advice? Don’t be a victim; be in the game. Take proactive steps to deal with your worries. Take responsibility for understanding key aspects of investing. Everyone should know the most important […]
If you have money in the stock market, you probably feel like you’ve been riding the wildest, scariest of roller coasters. Down 512 points. Down another 635. Up 430. Down 520. Up 423. Up 126. Where will it go next? When will this crazy ride end? When things seem out of control, I look for […]
In some recent posts on investing, I’ve covered the importance of getting in the game as soon as possible so you get the financial wind (compound interest) blowing in the right direction. And I’ve emphasized the importance of asset allocation, noting that one of the easiest ways to get the proper allocation is to invest […]
The last couple of posts have dealt with investing – arguably the most challenging aspect of personal finance. We talked about the importance of starting an investment program as soon as possible in order to take advantage of the amazing power of compound interest. And we talked about the fact that asset allocation is more […]
Do you know what separates the great investors from the lousy ones? Do the greats just have a knack for picking winning stocks? Do they have access to information that mere mortal investors don’t? Actually, the key to investing success is much more boring sounding. It’s making sure you choose the right asset allocation. What […]
It used to be that a lot of people were confident they’d be able to retire comfortably one day. Funny thing was, even in those good old days, far fewer people were actually taking the necessary steps, like saving enough money. Today, things have changed. More people are facing the fact that they’re behind on […]
The recession has left workers in their 20s and 30s wary of the stock market. According to the Employee Benefit Research Institute, the percentage of workers between 25 and 35 who say they have saved for their retirement has fallen by over 20 percent in the last decade. A Newsweek article about the research noted […]
