Category Archives: Investing

Timing the Market – Should You Ever Do it?

Timing the Market – Should You Ever Do it?

Timing the market is a controversial idea in the world of finance, particularly in the world of financial planning. On one hand it offers the opportunity for higher returns than the market, on the other it brings about the risk of lagging the market should you fail. At the most basic level, everyone times the market. Finance is all about how money moves through time. If you invest today, you think that there is a good chance that the market will be worth more at some time in the future, a time when you need the money for retirement, college expenses, or major purchases like a home.Continue Reading

Best Way to Track Your Net Worth

Best Way to Track Your Net Worth

I USED to think that tracking your net worth was for rich people. It was just something that older people did, or even people who were older and closer to retirement. I thought it was just one of those things that people with a large net worth used to brag. My opinion changed when I started to understand what a net worth measures that other things do not. I started to track my net worth, but my process has improved over the years. Find out how to track your net worth efficiently.Continue Reading

Young Adult Retirement Planning – Benefits of Saving a Lot Early

Young Adult Retirement Planning – Benefits of Saving a Lot Early

Retirement planning isn’t just for old people – or even middle aged people. People in their 20s and more generally, young adults, can start saving for retirement too. In fact, young adults can make a larger impact on their retirement income than anyone else can – and that’s because they have one major advantage that older people don’t have: time. By having more time for your investments to increase and earn more interest, young adults can either make or break their retirement plans based on whether they save or don’t save.Continue Reading

Rolling Over Your Retirement Plan

Rolling Over Your Retirement Plan

Our generation is nothing like our parents. Our parents generation would find a job, stay with the employer for life, get a gold watch upon retirement and be done with it. I’ve seen this too: my Dad worked for the same company for over 40 years. I’m in my mid-30′s and I’ve already worked for three employers since graduating college!Continue Reading

How Liquid is Peer to Peer Lending as an Investment?

How Liquid is Peer to Peer Lending as an Investment?

Over the past several years, I had heard a lot about peer to peer lending as an investment option. Being the curious investor that I was and still am, I decided to give it a shot. There’s no better way to learn than from personal experience. Unfortunately, my two year stint has not proven successful and I am doing everything I can to get out of this investment. Here’s why everyone should think twice before making the plunge.Continue Reading

4 Things to Think about BEFORE Your First Investment

4 Things to Think about BEFORE Your First Investment

Investing for the first time can be a challenge – overwhelming in fact. Despite its importance, investing is not a skill that is often passed on from generation to generation like riding a bike, learning how to shave, brush your teeth, and so on. There are always exceptions and those who do receive advice from their parents are often decades ahead of their peers when it comes to investing. To help you get started, here are four things that you need to consider before making that first investment.Continue Reading

Dollar Cost Averaging: What is it and Why to Use it

Dollar Cost Averaging: What is it and Why to Use it

Most people who invest are dollar cost averaging fans but they don’t even know it. Dollar cost averaging is founded on a simple idea that investors should accumulate investments over long periods of time in very small doses. Anyone who saves for retirement with a 401k does just this – each pay period funds are moved from the worker’s check to their investment accounts. Dollar cost averaging has its benefits.Continue Reading

How To Save For A House

How To Save For A House

Saving for a house can be a long and challenging process. Both because of how much money you actually need to save and because of the time commitment needed to save that large amount of money. In this post, I am going to give you an idea of just how much money you need to save for a house (and why saving more makes sense) as well as how to get over the hurdle of the time commitment involved with saving such a large amount. I’ll even touch on a few ways to help boost your saving. Let’s get started.Continue Reading

The Need To Invest

The Need To Invest

When it comes to investing, the younger generation is falling behind. And who can blame them? For most, they witnessed the tail end of the great bull market in the 1990′s, only to witness the stock market come tumbling down during the dot com bust. So what should younger investors do? It’s easy to say “just invest”, but there has to be a good reason to otherwise, they will continue to sit on the sidelines. Here is how to play it safe while still investing in the stock market.Continue Reading

Three Simple and Proven Methods to Save ENOUGH for Retirement

Three Simple and Proven Methods to Save ENOUGH for Retirement

Young adults struggle with retirement planning – as they should. For a recent college graduate, there way too many variables to accurately predict their retirement costs. Some people attempt to simplify the calculations by saying to use a percentage of your income, but we all know that doesn’t work (and if you don’t click on that link to learn more). Others use other rules of thumb like having 25 times your current expenses in savings (which is the same as the 4% safe withdrawal rate). While these are great starting points, they don’t cover everything. I have several proven patterns that you can follow (assuming you are financially able) to make sure you are saving enough.Continue Reading