There are three fundamental rules when it comes to investing: -Diversify -Pay attention to costs -Minimize your taxes Diversification helps ride out volatility, paying $7 commission on a $100 trade makes no sense and finally, paying Uncle Sam more than the absolute minimum means less money in your pocket! This post is about minimizing what […]
Informative and entertaining posts from some of the bloggers I follow… I heard Men’s Wearhouse’s ‘I guarantee it’ guy was fired by the board! Don’t know about Men’s Wearhouse, but Financial Nerd has some thoughts on Brooks Brothers’ dress shirts! Are Brook’s Brother’s Shirts Worth it? Learn Squirreler’s zen-like approach to riches. It’s a three-step, […]
When it comes to investing, I have great admiration for three legendary investors. Peter Lynch, Charlie Munger and of course, Warren Buffett. Peter Lynch was the fund manager for the Magellan Fund at Fidelity from 1977 to 1990. During that period his fund average a whopping 29.2% annualized! His most famous quote was ‘Invest in […]
If you are shopping around for your first credit card, which one should you pick?
Learn why conventional advice is not the best for you.
And he was there with the Lord forty days and forty nights; he did neither eat bread, nor drink water. And he wrote upon the tables the words of the covenant, the ten commandments of Personal Finance…
If it is about deciding what cereal box I should buy, what I decide has little consequence. But indecision when it comes to money matters can prove… well, expensive! Thankfully, some decisions aren’t that hard! I’d like to invest in the stock market, but don’t know which stock to buy! Is Coca Cola better than […]
I see similar questions being asked in investing forums all the time. Heck, at one point in my life, I pondered over this too! If you can afford to set aside just $100 every month towards investing, the most common advice given is not to invest at all, but save up till you have a […]
con·trar·i·an A person who takes a contrary position or attitude Contrarian is a term that is usually applied towards investing. That is, you buy when others are selling and sell when others are buying. You buck the trend by going against the popular market sentiment. Warren Buffett became the third richest man on this planet […]
If you happen to have a windfall – inheritance, winning the lottery or a large tax refund, is it better to invest it all at once or spread it out over a period of time? This is one of those questions that does not have a straight answer, and depending on who you ask, you […]
Managed a 10% return last year? Not good enough – the S&P returned 12%! Beating the market is all the rage these days (and has always been at Wall Street). Take the ad for any actively managed mutual fund, the benchmark is not whether the fund made money for you, but whether they beat the […]