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
2017 Update: We still stand by this advice on automatic investing; links have been updated below. I’ve always been a saver. When I first started working at age 22, I saved a minimum of $100 a month, even though that was quite a struggle at the time. But I haven’t always been an investor. I signed up … Read More about How to Set Up Automatic Investing to Save Time and Grow Your Wealth
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!