The coronavirus-induced market bear wreaked havoc on 401ks, IRAs and other investments accounts worldwide in March. However, some sectors have drastically recovered from their March lows. This recovery has been quicker than most economists and financial pundits had anticipated. Both the S&P 500 (+8.58% YTD) and the tech-heavy Nasdaq Composite I...
2158 Hits
0 Comments
Avoid these common investing mistakes to maximize your returns. Legendary investor Warren Buffet has two simple investing money rules. Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1. Investors break these rules all the time with constant investing mistakes. We have compiled a list of 9 investing...
3756 Hits
We are excited to feature this guest post by Linda Richardson, a New Jersey-based financial content writer. Linda walks you through the different types of mutual funds that investors use to diversify their portfolios and build wealth.
Mutual funds are a tremendous investment vehicle by which inve...
1910 Hits
It sucks being broke. There are not many people who would pass up on an opportunity to become wealthy. Sadly, very few people are aware of what it takes to get there. The following are 15 powerful and mind-blowing money habits to help you become super rich. One of them is guaranteed to keep your marital love flame burning! ...
3661 Hits
Stock market volatility is a common event in investing. US-China trade war tensions are certainly not making things any better. During such unfortunate market circumstances, the last thing you want to do is to make rash and emotional investing decisions. Here are 3 simple tips to help you navigate and weather stoc...
2620 Hits
An investing question that usually arises is, "How should I invest my IRA?" This question is as easy as it is complex; every investor has different individual objectives and needs. Once you have a basic understanding of the major investment asset classes, this question becomes easy to answer. This 6-fund portfolio not only diversify your...
2237 Hits
You don't need to know much or have a lot of money to start investing. You just need a basic understanding of the investing building blocks: stocks and mutual funds (exchange-traded funds and index funds). These are further divided into asset classes, which are the backbone of any investment portfolio. Here are the major as...
2320 Hits
Previously, I showed you how to diversify your portfolio with a seven-fund approach. In this article, I'm going to simplify investing even more. I will show you how to build wealth and diversify your portfolio with just a single total stock market fund! Total stock market index fund: a match made for diversification I previously...
2493 Hits
I've been there and experienced it. I have suffered from it. I know it's real. I'm not sure if it's ever been coined before, but I'm going to call it mutual fund separation anxiety disorder. If you are not careful, it can cause you to become a panic investor and make impulsive and bad investment decisions.&nb...
2187 Hits
As an investor, your investing approach should be twofold: maximize returns and minimize financial loss. Legendary investor Warren Buffet has two simple investing rules: Rule #1: Never lose money. Rule #2: Never forget rule #1. Maximizing returns and not losing money start with the allocation of funds in your inve...
7622 Hits
Make no mistake. Investing is the best way to build wealth and secure a brighter financial future. Traditional or Roth individual retirement accounts (IRA) are two important tax-advantaged accounts that can help you accomplish these two important things. For the newbie investor, it can be hard to select the right investments or secur...
2058 Hits