Your first job. Such a big milestone. For the first time ever, you are financially independent. You have moved on from being a broke college student to a successful young professional. Don’t get too comfy with that big paycheck, though, it is time to start investing.[Read more…] about How Should a Young Person Get Started with Investing
Investing can be very intimidating to get started. While it is not a good idea for the typical investor to buy individual stocks, mutual funds and index funds are a great way to buy into the market for instant diversity at a low cost.[Read more…] about What is the Right Time to Buy and Sell Index Funds and Mutual Funds?
Most of us have heard of hedge funds, but don’t really understand what they are. We think of them as a way rich people get richer, but sometimes lose big if they are not careful. While both of those can be true statements, there is a lot of other useful information to know about hedge funds, and why you might be in a prime position to become a hedge fund investor.[Read more…] about Hedge Funds for the Rest of Us
Happy February friends! This month has always had a soft spot in my heart because of my birthday, which is tomorrow! I'm entering my last year a twentysomething blogger, but looking back at all of the posts I have written since the blog was born on October 7th, 2008, I am thrilled with how far we've come together.
Before my wife and I started our own business I worked in the investment industry for a number of years, which always allowed me insights as to how an individual would manage his or her investment portfolio. Some of these instances were great as it allowed me to learn something new to implement with my own portfolio; others were not things I’d recommend anyone to do. I learned over time, through both education and experience, some simple methods to help encourage growth in my investment portfolio that many overlook. While it’s easy to make investing in the stock market difficult, I believe that simplifying it will bring, generally speaking, much more success. [Read more…] about How to Steer Your Investment Portfolio in the Direction of Success
Investment “experts” always tout the importance of a diversified portfolio. Today I am going to explain exactly what that means and how you can build your own diversified portfolio without paying an “expert” to do it for you.