Invest

The Market May Be Irrational, But You Shouldn’t Be

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I woke up to a shock as I went online to check my banking. On the screen, one of the equities in my account was showing a value of $47,025,120.00. Yes, $47 million. As delightful a fantasy as that is, I had no real temptation to print off the screen and go take out a [...]

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The Upside to Celebrity Financial Advice

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Maybe you can learn something about personal finance from celebrities. In preparation for his upcoming film Wall Street 2: Money Never Sleeps, Shia LaBeouf is claiming that he put $20,000 into a Schwab online trading account and traded his way to $489,000. (I?m not going to say that he didn?t do it, but if he [...]

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The Lamest Argument Against Index Funds

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I totally get why some in the financial media hate writing about index funds: they’re easy to explain, there’s no amazing fund manager behind them, and the story generally stays the same over time. In essence, there’s only so much to say about index funds. They work. You can’t over-analyze and constantly produce content about [...]

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The Scary Truth About Saving For Retirement

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You don’t have to be 55 to start thinking about retirement. In fact, if you’ve waited that long, you’re in a bit of a pickle. While retirement often seems far away if you’re in in your prime working years, you need to make it a priority … now. Because the scary truth is that most [...]

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Welcome, Cracked.com Readers!

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Now this is a pleasant, if unlikely surprise. If you’re coming to the site from Cracked.com’s The 6 Most Statistically Full of Shit Professions, you’re certainly in for some fun. About the author: Jason is the author of Automatic Finances: 17 Days to Your Financial Freedom, a guide to automated money management. He started investing [...]

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Lessons Learned from a 21-Year-Old Lottery Winner

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What would you do if, at the age of 19, you won $1 million on a scratch off lottery ticket? Probably a lot. A vacation here, a donation there, maybe a gift to your closest relatives, and save the rest for the future, right? That’s the situation Louis Jay found himself in two years ago [...]

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Ask the Readers: What’s Your Favorite Personal Finance Book?

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As part of our never-ending journey to learn as much as we can about money management, investing and personal finance, you’ve likely read a few books that really taught you something or made you see the topic in a whole new manner. The beautiful thing is that there are so many books to read. The [...]

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