Invest

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

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 […]

Read the full article →

The Upside to Celebrity Financial Advice

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 […]

Read the full article →

The Lamest Argument Against Index Funds

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 […]

Read the full article →

The Scary Truth About Saving For Retirement

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 […]

Read the full article →

Welcome, Cracked.com Readers!

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.

Read the full article →

Lessons Learned from a 21-Year-Old Lottery Winner

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 […]

Read the full article →

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

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 […]

Read the full article →

When Will You Have Enough?

The other day, I saw a short description of the latest book by John Bogle, founder of Vanguard and inventor of the first index fund, that struck me. The book’s title, Enough, comes from a conversation had by two of America’s most famous authors, Joseph Heller (of Catch-22 fame) and Kurt Vonnegut (who wrote Slaughterhouse-Five). […]

Read the full article →

Stock Picking Experts vs. Coin Flippers: Who Wins?

At this point, if you still think there really are people who are experts at picking stocks, I’ve got a bridge to sell you in Brooklyn. But I’m going to pile it on with even more irrefutable evidence that stock picking experts don’t exist, and if you’re paying someone to actively manage your investments, you’re […]

Read the full article →

The Best Argument Against Stock Picking Experts

You know that there’s no such thing as a stock picking expert and that most actively managed mutual funds can’t even beat their indexes. So if you’re being sold on investing with a broker or in a “proven” mutual fund, there’s a legitimate question you have to ask yourself: why? Obviously, the salesman is trying […]

Read the full article →

There’s No Such Thing as a Stock Picking Expert

There’s no such thing as a stock picking expert. There’s no such thing as a stock picking expert. There’s no such thing as a stock picking expert. Say it with me … “There’s no such thing as a stock picking expert.” And it’s never been more obvious than now. It’s basically been proven that monkeys […]

Read the full article →

The Newest Investing Scam You Need to Know About

There’s a reason why index funds are your best choices for investing: they don’t try to time the market they have low management costs they own an entire segment of the market (or the whole market), so there’s no stock picking involved This is not news. Study after study has proven that index funds are […]

Read the full article →

Does Congress Really Want to Regulate Wall Street?

More than one year after the financial collapse, Senate Banking Chair Christopher Dodd formally released a proposed financial reform bill, entitled “Restoring American Financial Stability.” The bill intends to create three new independent agencies: the Consumer Financial Protection Agency, the Agency for Financial Stability and the Financial Institutions Regulatory Administration. It intends to create a […]

Read the full article →

← Previous Entries

Invest

Archives and Categories