If you haven’t paid any attention to the stock market recently, you probably should take a look at what has happened over the past week or so. Each of the major US Stock indices has entered a correction which means that they are all down at least 10% from their most recent all-time highs. This […]
Track your Net Worth on a regular basis
Earlier this week, I was going through my normal monthly routine of updating a spreadsheet with my net worth as of August 1st. This is a quick process that usually takes less than 30 minutes a month to do, but one that I find incredibly valuable. If you are not yet tracking your net worth, […]
Mutual funds: An introduction
One of the most common investments that people purchase is a mutual fund. So the question is, what is a mutual fund? We’ll define mutual funds, provide an example of a good mutual fund choice, and also discuss what index funds. Then we’ll summarize with some brief takeaways. Definition: What are mutual funds? A mutual […]
Brokerage Account Guide: How to choose your investing account
The first step that you need to take to begin investing, is to open an investment brokerage account. An investment brokerage account is similar to a bank account but instead of simply holding cash in the account, you are able to use the money you deposit to purchase investments. Some banks offer brokerage services in […]
How to begin investing: Step-by-step process to walk you through beginning to invest
One of the central goals of this blog is to provide you with the knowledge, and tools necessary to invest on your own. One of the key elements of investing on your own is learning how to get started. Taking the first step can sometimes be the most difficult. I believe there are five key […]
