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,
5 Ways to Make Money with Real Estate
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
How to Stop Being Afraid to Invest
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
Are Binary Options Riskier Than Forex?
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
4 Reasons to Use Robo-Advisors for Investing
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
The Top 5 Financial Lessons I’ve Learned in My Twenties
One week from today I’ll turn 29! I thought it would be nice to celebrate my last year as a twenty something by reviewing the most powerful financial lessons I’ve learned in the last decade. # 1 – You Can Do Anything You Put Your Mind To This lesson can be applied to life in general but for me it had a huge impact on
How to Start Investing on a Low Income
It is possible to start investing even when you’re on a low income. In fact, it’s more than possible – it’s a good idea. If you slowly start investing you’ll learn what to do and, more importantly, what not to do, without risking a ton of money. I got started when I was making very little and have since gradually been increasing those amounts. Here’s
The Latte Factor and Habits That are Making You Broke
I was recently reading David Bach’s The Automatic Millionaire and was reminded of the latte factor. The Latte Factor, coined by Bach, is a phrase for all of those little habits that may be costing you big money over the course of your life. The truth is the little amounts of $2, $5, or $10 you spend every day can add up to something huge,
Top Four Wealth Building Traits
Why are some people able to build real wealth and achieve financial freedom at a much faster pace than the rest of the world? The truth is there’s no magic secret. Instead it comes down to a few key habits and traits. If you’re willing to adopt these four wealth building traits you, too, can set yourself up for a life of financial freedom. Sacrifice
5 Ways to Make Your Money Grow
You work hard to earn money and work even harder to keep ahold of it. But have you been actively looking for ways to make your money grow? If not, it might be time. Here are five tried and true ways to make your money grow. Mutual Funds/ETFs While mutual funds and ETFs are technically two different investments they do work in similar ways. In