The First $100,000 is the Hardest – the Miracle of Compound Interest
Compound growth and interest are what makes investing for the long term work. Learn about compound interest and why the growth driven by stocks is necessary to make it work for you.
The Three Best Beginner Investing Books
Want to learn about investing? Here's three great beginner books that will get you on your way to being a great investor!
What is an Emergency Fund and Why You Need One
Learn about an emergency fund and why it makes sense to have one as part of any financial plan.
The Unlucky Long Term Investor Still Makes Money
It’s sometimes hard to be a long term investor. The stock market moves up slowly but can drop quickly. The pain of loss has more impact than the elation of gain. Right now, we’re in a spot where a long term investor has had a great run. Those who entered the market after the crash of 2008 have seen great returns without any huge pauses. That’s why days when the market drops a few % feel so foreign and scary. However, the long term investor must be aware that things can and likely will get worse. It might not happen this week or this year but eventually, this bull run…
My Thoughts on M1 Finance
[This article about M1 Finance may contain affiliate links at no cost to you] I recently opened an M1 Finance account. I mentioned it in one of my portfolio updates but I think it’s time to talk about it in more detail because I’m enjoying what the platform offers. There’s a lot of new automated investing platforms like M1. These seem to be the rage these days as people search for an easy, cost effective way to invest. I’ve been on the verge of trying one of these but always stepped because because of one reason or another. As an investor, I had a list of things I wanted my…
My Dividend Employee Steve
Hey guys, meet Steve, my dividend employee. Steve’s a cool guy and a real go getter. I first met Steve when I bought my first stock in college. The stock itself is irrelevant but it was the start of something special. I didn’t know it at the time but when I made that first purchase, I apparently hired Steve. I didn’t plan on it but it just happened. Three months later, he showed up at my house to say hello. “Hey friend,” he said, “here’s 73 cents.” “Oh,” I said, “that’s cool, but why are you giving this to me; and what am I going to do with 73 cents?”…
