Investment Strategy
Massive list posts you'll find online such as, "134 ways to save money" are like modern art. You look at them, and they're pretty, but there's not much utility there because they're hard to truly act on. So let's cut to the heart of the most impactful ways you can save money. According to the Bureau of Labor Statistics, this is how Americans … [Read more...]
Investing in a Roth IRA is a great idea, particularly if you already have a 401(k) or other retirement plan at work. Roth IRAs are among the simplest and most flexible types of retirement savings accounts. However, there are a lot of pitfalls that can mitigate the benefits, and deciding whether to invest in a Roth IRA or Traditional IRA is not … [Read more...]
Throughout the 20th and 21st centuries, stocks have been one of the best-performing asset classes, and have reliably turned dollars into millions. But they are volatile. Investors happily buy them when they're expensive, and fearfully sell them when they fall in price during a recession, and end up under-performing the very average they're … [Read more...]
Diversification is one of the most important things to get right when managing a portfolio. When done properly, diversification can increase the rate of return you can expect from a given amount of total risk, or decrease the risk required to achieve a given rate of return. When some assets are rising in price, usually other ones are … [Read more...]
Having a high credit score gives you so many options. You can get the credit cards with the highest rewards, and you can get the absolute lowest rates on any loans you use. If you apply for a mortgage without an exceptional credit score, you're leaving so much money on the table. It can even increase your chances of getting a job or … [Read more...]