Living for today - Planning for Tomorrow
I used to wonder why so many people, especially millennials, were confused about saving for retirement. After all, I thought, that’s why employer’s offer 401(k)s and other plans. Of course a 401(k) is a great way to save for retirement as most employers offer some sort of “match” on money you put into your 401(k) from your paycheck. If you are lucky enough to have
This is a guest post from Pauline of InvestmentZen.com I do not fear risk. I have failed many times and I am not afraid to pick myself up again and try once more. So when it comes to wealth building, I have actually taken more risks than your average saver and investor to get ahead faster. I took on a lot of debt to invest.
I have come to terms with the fact that when it comes to the stock market I’m not an all-in kind of person. I know many people who have built their fortunes in the stock market and who have created financial independence at a young age because of their investments. So while this post isn’t meant to discourage anyone from investing their money in stocks
Unfortunately investing (or anything personal finance related) isn’t taught in schools. This can make investing seem intimidating for young adults. I know, because it wasn’t too long ago that I felt the same way. Investing is actually quite simple. If you’re looking for easy ways to get started here are some simple ideas. # 1 – Set it and Forget with Index Funds Index funds
A couple weeks ago we went over ways to earn money with real estate. One key method I left out was investing in real estate without owning real property. If you want to invest in real estate or just diversify your portfolio you can do so fairly easily. Here’s how to invest in real estate without owning real property. REITs REITs are real estate investment
When you first get started investing you’ll be presented with countless options. One of the easiest ways for you to get started (and what I wish I would’ve done) is to invest in ETFs. What are ETFs Exchange Traded Funds are usually referred to as ETF’s. ETFs commonly track a basket of assets like a stock or bond index (the S&P 500 or DOW Jones,
I am not one to go all in on the stock market. While I think this route of investing is great for many people truth be told, I’m just not as interested in it as I am other investing avenues. One investment route that has always caught my interest is real estate. This probably stems from the fact that my family either invests in real
It’s true, I used to be scared to invest my money. And really I’m not so sure that I was as afraid as I was confused. But investing doesn’t have to be scary or confusing. Here’s all you need to know to get started and stop being afraid to invest. # 1 – Start Small Thanks to technology there are hundreds of different brokers competing
In the world of trading, the ultimate goal is to make as much money from the market as humanly possible. As a result, we’ve seen several high risk, high reward trading vehicles rear their heads over the past couple of decades. Two of the most popular of these are binary options and forex trading. So naturally, one of the biggest questions that seems to be
It seems like every week a new robo-advisor pops up. And I, for one, am glad. I love how easy robo-advisors have made saving for retirement to the average person. They’ve pretty much eliminated any excuses someone could have for not getting started investing. Here are the four reasons I love robo-advisors for investing. # 1 – They’re Extremely Easy to Use In fact, I’d
