A reader wrote in and asked, “Why should I invest in bonds? After all, the yields are low and don’t bond values drop as interest rates rise?” I started investing in bonds in my mid 20’s and have enjoyed their dividends for years. When interest rates were high, I even received double digit bond interest (coupon) payments – can you believe that today? Understand the importance of bond investing. Learn why bonds remain a good investment today.
Personal Capital Will Simplify Your Investing Everything You Need to Know About Personal Capital You must sign up for Personal Capital because of the free Personal Capital Dashboard! You may have seen the Personal Capital TV commercials. If they didn’t draw you in, then learn why this robo-advisor or automated investment advisor is a required tool for anyone who wants to maximize their wealth. This Personal Capital Review is a deep dive into their platform to see how it works and if it’s the…
College graduation is fun and exciting. New grads are finally done with their education and are eager to embrace new opportunities. But graduation can be a very stressful time as well. Along with finding a new job, moving and adjusting to post-college life, new grads often face financial problems. With all the stressors of entering adulthood, these money saving tips for new college grads will ease the transition. Many young people graduate with tens (or even hundreds) of thousands of student …
Is Investing in China a Good Idea? By, Soumyadipta Basu You might think that with all of the tariff talk, investing in China is off the table. Not so, China is still a rapidly growing economy with more room for upward expansion. Today China boasts 1.4 billion people. That’s equivalent to 18.5% of the world’s 7.6 billion people. From an agrarian predominantly population, in 2016 55% of the Chinese people lived in cities. China’s urbanization is what has led to the country’s impressive econom…
Warren Buffett’s Advice to His Heirs Here’s Warren Buffett’s advice for investing – to his heir’s. It’s great advice – just not for you. “My advice to the trustee couldn’t be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard’s.) I believe the trust’s long-term results from this policy will be superior to those attained by most investors — whether pension funds, institutions or individuals — who employ high-fee ma…
“Get over yourself. Stop thinking that there’s a magical secret formula for making tons of money overnight, and that you can discover it because you’re smarter than any other investor out there. In fact, his suggestions seem to say, when it comes to getting rich, slow and steady wins the race.”~from “Warren Buffett’s Advice: Forget Get-Rich-Quick. Here’s How to Get Rich Slowly,” in Inc.com by Minda Zetlin You’ll read a lot of questionable stuff online about how to get rich or how to become a …
Holding a garage sale considers time spent versus money. Opportunity cost and preferences are discussed when considering whether to have a garage sale.
5 Retirement Mistakes to Avoid for a Glorious Future Often, people imagine their golden years to be among the most relaxing and enjoyable of their lives, with exciting getaways abroad and peaceful sunsets out on the porch. And while these are wonderful dreams to have, far too often people make mistakes in retirement that cost them the freedom that they spent a lifetime working towards. One positive thing that comes from these blunders is that it gives those preparing for retirement the opport…
401k vs. IRA vs. Roth IRA Retirement options can be overwhelming. Should you choose a 401k vs. IRA? What is a 401k anyway? What’s the difference between a traditional IRA and a Roth IRA? Putting aside money for retirement is a good strategy, but it’s important to use the right type of retirement savings account for your personal financial needs in order to make the most of your pre-retirement years. That’s why it’s a good idea to become familiar with the benefits of a 401k vs. IRA benefits. W…
The Definitive Guide to Mutual Funds vs. Exchange Traded Funds (ETFs) By, Soumyadipta Basu Investors, you hear the terms mutual funds and exchange traded funds bandied about, but what do they mean, and what are their similarities and differences? Before comparing the two different kinds of funds lets first understand the fundamentals of mutual funds and exchange-traded funds and then you can figure out which one (or both) are best for you.