Despite the ongoing coronavirus pandemic and bear market of March 2020, equity markets have bounced back and hit new highs. While this is generally a good thing, extreme moves in any direction tend to test investors’ nerves and ability to adhere to a disciplined strategy…
Top investing tips for those who don’t follow the market
If you’re looking to start investing but don’t have the time or desire to follow the market closely, fear not. You don’t have to live and breathe the stock market in order to be a successful investor. In fact, thanks to technological advances at online brokerage firms, you can easily set up a savings and investment program that requires little active maintenance…
7 secrets to beating the average investor
There’s nothing wrong with accepting average stock market returns. If you invested $5,000 a year, earning fairly typical average returns of 10% a year, you’d have about $1.35 million at the end of 35 years.
But what if you don’t want to be average? Try these seven surefire…
How to properly use the oldest rule of investing
The concept of “buy low, sell high” is popular across a variety of industries. People who buy cheap houses, renovate them, and sell them for more are doing a version of buy low, sell high. So are people who find collectibles for a few dollars at garage sales and sell them for hundreds on eBay…
Can your company withstand a crisis?
As my recruitment firm reaches its 30-year milestone, I realize I am one of the lucky ones. Turning an enterprising idea into a profitable venture with staying power is no small feat, and I’ve had my share of challenges along the way. But thanks to the advice from other successful owners and learning from my own mistakes, I’ve been able to grow despite the obstacles…
How to establish an investing strategy as a newbie
When you're new to investing, the idea of getting started can be scary and overwhelming. But the very act of opening a brokerage account or retirement plan is a step in the right direction. From there, however, you'll need to develop an investing strategy that works for you, and these key...
What to pay a financial advisor
One constant theme of the financial world in recent years has been declining fees: Lower expenses for mutual funds and ETFs, zero-commission trading.
But when it comes to fees for financial advisors? Not so much.
That’s the conclusion of the 2020 Kitces Research Financial…