Let’s say you know you want to invest in equity funds. Great. But how do you determine exactly which fund to buy? This is important stuff. If you use the wrong criteria, you’ll probably end up with the wrong fund and that could leave a mark. Ouch…. The Two Greatest Mistakes To Avoid When Selecting […]
Investing Strategies
They don’t teach investing in school. It’s no wonder that so few of us really understand how investments work, what mutual funds are and how to select the right investments for our unique situation.
The following articles explain how the stock market, mutual funds, annuities,stocks and bonds work in plain English. They demystify investing and empower you to make better investing decisions for you and your family.
7 Killer Ways to Simplify Your Financial Life
The simpler your financial life is the more secure it will be. When you spin lots of plates you increase the odds of having a few fall and break into a million pieces. I’m not suggesting you sit home, bury your head in the sand and keep your money under the mattress. As Albert Einstein […]
Commission-Free Exchange Traded Funds And Mutual Funds. Which Is Better?
The bigger brokerage firms are beginning to offer a set of Exchange-Traded Funds that you can buy and sell without paying a commission. Each firm has a different list of commission-free ETFs, but in most cases there are enough options to consider building your portfolio around them. Exclusively using commission-free ETFs could save you thousands […]
Don’t Buy Investments From Your Bank – Here’s Why
Banks are great places to store your short-term money but they are lousy places to get financial advice from or buy investments. That’s because they have a very strong incentive to sell you high-cost (which often means low-return) alternatives. Here’s why. Most banks are publicly traded companies. That means they need to make higher profits […]
How To Create Passive Income
We’ve talked about passive income before. Now let’s get to work and start getting that big money wheel to turn your way. There are 3 things you need to do in order to start building your passive income empire: A . Educate Yourself Even if somebody offers you a “deal of a lifetime” don’t throw […]
What is Confirmation Bias and Why It’s Ruining Your Investments
Confirmation bias is a very important concept – especially for investors. It is the tendency you and I have to look for proof that we are right rather than look for the truth even if that means we are wrong. Along the same lines, that same bias leads us to downplay information if it is […]