Save, Invest, Build Wealth

Automatic Saving

How to Buy Low and Sell High; Dollar Cost Averaging Tutorial

How to Buy Low and Sell High; Dollar Cost Averaging Tutorial

By in Asset Allocation, Automatic Saving, Investing, Mind and Money | 8 comments

Part 5: Best Investing Method Series-How to Buy Low and Sell High “All of us would be better investors if we just made fewer decisions.” Daniel Kahneman ~brainyquote.com Welcome to Part 5, the final article in the Best Investing Method Series. The goal of this series is to show how to invest – simply. Setting up a lazy portfolio of index funds from diverse asset classes is the closest approach you have to a “sure thing”. Not because you will never lose money, everyone loses money once in awhile, but because you will minimize losses and maximize gains. Learn dollar...

Read More
8 Steps to Creating a Diversified Asset Classes Investment Portfolio

8 Steps to Creating a Diversified Asset Classes Investment Portfolio

By in Asset Allocation, Automatic Saving, Bond, Investing, Mutual Funds, Stocks, Video | 8 comments

Step 2: What are the Steps to Creating a Diversified Asset Classes Portfolio? In Part 1: “How to Build an Investment Asset Management Strategy”  you learned the best, research-supported, investing method and why to invest with index funds. Today you will learn the steps to take to create a diversified asset classes portfolio. Future investment articles continue with the how of implementing asset classes investing with index funds.  The great part about structuring a diversified index fund DIY portfoio is that once it’s complete, it requires minimal attention. Annual rebalancing and updating prices, dividends and capital gains and you’re...

Read More
How to Become a Millionaire-Investment Advice for 30 Year Olds

How to Become a Millionaire-Investment Advice for 30 Year Olds

By in Asset Allocation, Automatic Saving, Debt, Investing, Money Management, Retirement, Tips | 0 comments

5 Tips to Become a Millionaire “You only have to do a very few things right in your life so long as you don’t do too many things wrong.” ~Warren Buffett (source; BrainyQuote.com) Get the specific, actionable steps to become a millionaire if you are in your 30s. Use this financial advice for 30 somethings as a step-by-step guide for wealth building. If you haven’t started investing for your future, don’t stress, now is the time to start understanding and implementing how to plan for retirement at 30. Investment Strategies for 30-year-olds – Backstory My husband and I started...

Read More
6 Money Tips for Navy Seals – A Gift For Our Warriors

6 Money Tips for Navy Seals – A Gift For Our Warriors

By in Automatic Saving, Debt, Investing, Tips | 0 comments

It’s official, I’m addicted to the History Channel’s eight part drama about the lives of Navy Seals, “SIX“. After watching two episodes of this edge-of-your-seat action drama, I experienced feelings of worthlessness and self-deprecation. After all, these guys risk their lives in dangerous circumstances to protect our freedom and what am I doing of value – writing investing and financial management articles? Then, the Seals come home to family drama and difficulties. And to add to their stresses, pay for an entry level Navy Seal is a paltry  $22,992 per year for entry level Special Warfare Operator Third Class. Despite...

Read More
10 Steps to Take Before Investing – Beginner Investment Tips

10 Steps to Take Before Investing – Beginner Investment Tips

By in Automatic Saving, Budget, Debt, Investing | 25 comments

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen What to Do Before Investing in a Stock or Mutual Fund Buying and selling stocks, bonds and mutual funds is a path to wealth, yet, there are steps to take before investing. At the start of my investing career, I thought it was cool to research and invest in the stock and bond markets; until I had my first loss. When my first stock pick drops 50% in price, I wasn’t having fun! Fortunately, I learned...

Read More
How Long Until I’m Wealthy?

How Long Until I’m Wealthy?

By in Asset Allocation, Automatic Saving, Bond, Investing, Stocks, Wealth | 20 comments

“Cash confiscates capital. Long term, after taxes and inflation, the return on cash is negative.” Catherine Keating Since my mid-20’s, I made financial net worth goals for our family. I’d calculate our current net worth, add additional savings, and punch in an expected rate of return over the period, usually five to ten years. Occasionally, I go back and review prior goals. No matter what the market, over the long term we have met or surpassed the objectives. Set financial goals, make a few minor lifestyle changes and you may be surprised that you can become wealthy without a...

Read More