For most of my fellow oil and gas friends a 401k is as common as a paid internship, hell most of us could invest in a 401k during our internship. But for some of the young professionals out there, a …
“Compounding interest is the eight wonder of the world. He who understands it, earns it…He who doesn’t…pays it,” Einstein said.
Above is a graphical representation showing the power of compounding interest Einstein was talking about. Notice the principle or initial …
What the hell is dollar-cost averaging!?!?!?!?! A fancy way of saying equal contributions over a period of time, could be weekly, monthly or quarterly. The goal is to prevent you from buying at the peak of the market (“Time Penalty”) …
Rebalancing is routine for the wealthy. The wealthy understand the importance of asset allocation and when the desired proportions get out of alignment, they adjust or rebalance their portfolio. There are a few tricks to rebalancing that can enhance your …
Now that you know the desired asset allocation for someone in their mid-twenties, how do you invest to achieve the appropriate percentages? Do you buy one small cap stock, one international stock, and throw a few bucks in a …
According to Burton Malkiel, the Chemical Bank Chairman’s Professor of Economics at Princeton University and author of A Random Walk Down Wall Street, below is the basic portfolio for a young investor. Malkiel has authored over 125 articles and …
Do you remember your thoughts the first time one of your stocks dropped 10, 20, 30 or even 40%? Did you create an investing philosophy to help you understand the market volatility and stay focused? If you did then you’re …
Don’t let student loans inhibit your emotional or financial success! Dave Ramsey shares a solid piece of advice for managing student loans in a short call with a newlywed. Enjoy!
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The boring buy and hold strategy has been frowned upon by our “we want it now” generation. If you remember I wrote briefly about the buy and hold strategy in the post titled Basics of the Stock Market for the …
Are you managing your own investments? Burton Malkiel shares the results of a study that could save you thousands! And it’s simple!
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