I did something I vowed to never do: I invested in a penny stock. Anyone who knows me and my opinions on investing knows I am a relatively conservative investor. I don’t typically invest in individual stocks outside of my company’s employee stock purchase plan. For whatever reason, though, I felt compelled to invest in […]
Read More >>How an Employee Stock Purchase Program (ESPP) Works
One of the biggest perks of working for a publicly traded company is an Employee Stock Purchase Program (ESPP). Employee Stock Purchase Program’s allow employees to contribute a certain percentage of each paycheck towards the purchase of company stock. At pre-determined intervals – such as every six months – the balance is used to purchase […]
Read More >>8 Ways to Start Investing
Last week I shared 3 simple ways to consistently increase wealth. Today we want to focus on one of those ways: investing consistently. Investing consistently is essential for creating wealth, but with so many options and suggestions of where to invest, how to invest, and what to invest, investing can quickly become overwhelming. Oftentimes the […]
Read More >>Invest in a Company or an Industry?
Many hedge fund and mutual fund managers spend most of their day analyzing companies with the ultimate goal of picking winners and losers. Oftentimes that involves taking positions in companies that they think have an edge over their competition. They base these decisions on massive amounts of quantitative and qualitative data. This raises a question […]
Read More >>How Motif Investing Works – Get $150 Free
Motif Investing is perfect for both beginner and advanced investors. It allows you to invest in the industries and companies you want to invest in. If you are a fan of Exchange Traded Funds, or ETFs, you will absolutely love Motif Investing. With Motif Investing you can pick pre-made “motifs”, or portfolios focused on specific […]
Read More >>Bitcoin – Will it Be Widely Accepted?
Bitcoin – a digital currency – has the potential to disrupt the century-old monetary system of fiat currency. For centuries in the United States, and millennium, in other areas of the world, currency has been controlled by governments. Governments control the production of currency and make it illegal for there to be “unofficial” currency. Interest […]
Read More >>Is it Accurate to say the Stock Market Returns 10% on Average?
Today I have a question that is pivotal for many financial calculations: is it accurate to say the stock market returns 10%? For example, in my 401k debt pay-off calculator I plug 8% as the historical market return. I do this as a conservative measure, as I assume people may point to 10% as an […]
Read More >>How Much are Fees Costing Your Retirement Savings?
I mentioned last week that I became a contributor to the FeeX blog. Today I’d like to give an introduction to FeeX and how they can help you potentially save a ton of money for retirement (I’m talking tens of thousands of dollars, if not more). FeeX calls themselves the Robin Hood of Fees, and […]
Read More >>Stock Analysis Tool Using Google Spreadsheets [Free Download]
This year I’m trying to add more investing-related content as well as more spreadsheet downloads and tools. A few weeks ago I shared a dividend analysis tool. Today I have another investing-related tool that you can download and use. Today’s tool is a stock analysis tool in Google Spreadsheets. It’s fairly easy to track and […]
Read More >>Using Real Estate for Income
Today we continue our series on building wealth as I discuss how real estate can be used as a source of income. This is the third article in our series on building wealth. The previous two can be seen here: Want to be Wealthy? Own Something Using Dividend-Paying Stocks for Income When I was a […]
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