Automatic investing can be a great way to save time, get the advantage of dollar-cost averaging, and grow your wealth the easy way! Here’s how to set up automatic investing at online brokers like Vanguard and Schwab (updated for 2020)!
2018 Update: We still stand by this money roadmap — you may want to check out our most recent discussion of whether to invest in stocks or index funds. We’ve talked about a ton of different money issues here, but it occurred to me that it might be helpful to do a simple “roadmap” post … Read More about A Money Roadmap: Where to Go Next In Your Personal Finance Journey
What does it mean to have balanced investments, and how do you do it? What is a proper asset allocation? I first tried to answer these questions about six months ago (maybe longer) and finally think I’ve got it figured out… kind of. Still, do note: this is not intended as a tutorial, just a … Read More about Tales from the Wallet: Asset Allocation and Rebalancing Your Investments
2018 Update: Here are our latest thoughts on whether to invest in stocks or index funds! So. I recently did something fairly dumb, and I thought I’d share. I normally follow the advice given to novices, and the bulk of what I’ve invested is in index funds or Vanguard lifecycle funds with very low fees. … Read More about Tales from the Wallet: On Bad Financial Decisions
Monopoly Justice,originally uploaded by mtsofan Okay: it seems safe to say we’re in the midst of a financial crisis. But how is it affecting you? Less cabs? More sleepless nights? More days of “breakfast for dinner“? Take our poll and then weigh in, in the comments… we’re curious!