Money Management

Would You Use a Robo-Advisor? Here’s What a Millennial Thinks

Would You Use a Robo-Advisor? Here’s What a Millennial Thinks

By in Asset Allocation, Automatic Saving, Guest Post, Investing, Money Management | 5 comments

Have You Been Thinking About Getting Investing Help From a Robo-Advisor? 5 Reasons You Should By staff columnist, Alexandra Deluise   In today’s technologically-driven society, it should come as no surprise that robo-advisors are now “a thing.” After all, we like automating everything – why not our investing advice? If you’ve been thinking about whether you should use a robo-advisor, this article will help you answer the question, ‘Should I use a robo-advisor?’ Robo-advisors work by using algorithms to help clients make the best investing decisions, weighing the client’s tolerance for risk and desired length of investment into the equation....

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5 Signs it May Be Time to Sell Your Mutual Fund

5 Signs it May Be Time to Sell Your Mutual Fund

By in Investing, Money Management, Mutual Funds | 2 comments

Should I Sell My Mutual Fund? By Guest Contributor, Arielle O’Shea The first quarter of 2016 saw one of the greatest stock market recoveries in modern history — it was the first time in over 80 years that the Standard & Poor’s 500 index dropped by more than 10% over three months and yet still managed to finish ahead of its start. Does this market volatility mean you need to sell your mutual fund?  In retrospect, the seesaw quarter underlines the advice experts give to long-term investors: Keep to your plan and stomach the troughs. Smart investing is like...

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5 Tips for Business-Like Budgeting for the Home

5 Tips for Business-Like Budgeting for the Home

By in Budget, Guest Post, Money Management | 2 comments

By staff columnist,  Alexandra Deluise Successful businesses have one thing in common: they are good with their money. If you want to maximize your money at home, you should take a business-like approach to budgeting. Here are five things that successful businesses do well, and tips to help you do the same! 1. Businesses Are Organized The first step in getting your household budget ready for business is to get organized. Businesses do this by taking careful inventory of every dollar that crosses their path. Successful businesses also need to know when their bills are due to avoid late...

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5 Personal Finance Habits to Help You Achieve Financial Freedom

5 Personal Finance Habits to Help You Achieve Financial Freedom

By in Guest Post, Money Management, Personal Finance, Saving | 4 comments

Guest Contributor, Tina Roth Developing ‘good habits’ has become an industry. From Charles Duhigg of The Power of Habit to Gretchen Rubin’s, Better Than Before: What I Learned About Making and Breaking Habits–to Sleep More, Quit Sugar, Procrastinate Less, and Generally Build a Happier Life, creating good habits is important across the spectrum or our lives. This guest article will show you how a few simple habits, started early, can help you achieve financial freedom.   We don’t make our habits. Our habits make us. Getting rid of habits is a herculean task, or maybe it’s even more difficult because Hercules...

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Is Passive – Index Fund Investing Over? Are Robo-Advisors Doomed?

Is Passive – Index Fund Investing Over? Are Robo-Advisors Doomed?

By in Advanced Investing, Money Management, Mutual Funds | 2 comments

Is There a Dark Cloud Hanging Above a Passive Index Fund Investing Approach? Most, although not all, of the robo-advisors practice some form of a passive index fund investing approach. This type of investing is based upon widely accepted and well researched investment practice that demonstrates that it’s extremely difficult for actively managed funds to beat the performance of the major market indexes such as the S&P 500 and others. Are robo-advisors are doomed? What if Everyone Started Investing in Index Funds? Does That Mean Robo-Advisors Are Doomed? How would this phenomenon impact the robo-advisors, many of whom practice an...

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Which Accounts to Tap 1st in Retirement

Which Accounts to Tap 1st in Retirement

By in Money Management, Retirement | 0 comments

Retired? Which Accounts to Tap 1st in Retirement “I’m free” you think after that last day of work. You’ve toiled, saved, invested and finally you’re ready for the next life transition-retirement. Even if you’re still working a bit, you consider yourself ‘retired’. Once the elation subsides, you’re confronted with a whole new set of challenges. You need to adjust to the idea that your retirement nest egg may not grow, but decline in the upcoming years. It’s crucial to figure out which accounts to tap 1st, now that you’re retired. Find Out the Answer; How Can I Tell If...

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