My new book, “The Financial Guide to Life” is free on Amazon for three days: 8/14 – 8/16. Get it for free while you can and take advantage of all the ways it can save you money, simplify your finances, improve your investing, get you out of… Read more »
Many young people have recently graduated, started earning money, and are faced with a wide range of new financial choices. The financial principle I most hope young people learn early is how important it is to start saving early, especially for their retirement. Saving early, even a small amount, allows… Read more »
I can now announce that my new money management book is available for sale and it is better than FREE! It will pay you back with money savings tips, investing expertise, and advice on how to avoid paying full price. Save hundreds of dollars a month, simplify your finances, and… Read more »
Last time, we discussed how to determine how much of your savings you can withdraw in retirement while ensuring that savings will last as long as you (and your spouse) do. Now let’s discuss retirement spending – how to manage your withdrawals from savings in retirement. Whether you have many… Read more »
Today’s post concludes our mini-series on “how to invest with mutual funds“, although in the future, we’ll discuss how “exchange traded funds” (ETF’s) provide an even cheaper way to invest in a wide verity of stock and bond funds. Our concluding topics discuss selling funds and where to get additional information.
After several posts about the basics of mutual funds, today we can finally get to the most important issue — how do we choose which mutual fund will be a good investment? This is one of my most important blog posts to help you invest well. There are thousands of… Read more »
As our series on mutual funds continues, they are probably sounding like a pretty good way to save and invest, but remember there are always at least two sides to every story, so let’s now examine the disadvantages. The biggest disadvantage of using mutual funds for your investments is the… Read more »
Continuing our discussion of mutual funds, let’s review their advantages. Investing in mutual funds is easier, less risky, takes less time, and costs less cash than investing in individual stocks or bonds.
Let’s continue our discussion of mutual funds by examining their risk / reward characteristics we discussed in a prior post. This will help you determine the types of investments that are best for which savings goals. See our introduction to mutual funds here.
In our last blog post we discussed the fundamentals of investing based upon risks versus rewards. Now we can move into the interesting topics dealing with what kinds of investments should we consider. Let’s skip over stocks and bonds with just the simple point that while there are many kinds… Read more »