When most people think about investing, the first thing that tends to come to mind is the stock market. In fact, the word "investing" has become almost synonymous with stock market investing. While stock market investing is certainly something that deserves a place your portfolio, it isn't the end all and be all of investing. In fact, there are a lot of other great ways to grow … [Read more...]
3 Money Problems to Fix If You Want to Be Rich
Ask any financial advisor which question they get the most, and they’ll probably tell you it's this: "How can I get rich quick?" Most of the time, the answer is simpler than you’d imagine: save more. This can mean spending less, investing wisely, or both. Unfortunately, far too many people do the exact opposite. They invest with emotion, they spend way too much , they have … [Read more...]
Rules of Thumb to Ignore
Rules of thumb can be useful to help people who are completely new to getting their personal finances in order. It gives you a good idea of what is generally accepted as good financial behaviors. When I first started becoming interested in personal finance, they were largely my guide to setting goals and gauging my financial health, but the more and more time I spend looking at … [Read more...]
The Twitter IPO: A Big Disappointment for the Little Guy
Millionaires were made yesterday, but you’re most likely not one of them. Twitter’s highly publicized IPO (initial public offering for those unfamiliar with invest-speak) started out with a $26 price per share and almost immediately jumped to almost double that at $50.09 before calming down and hovering around $45-$47 for the rest of the day before settling at $44.90. All … [Read more...]