We all agree there’s no easier way to become a millionaire than steadily investing into your 401K, right? After all, a new grad maxing out her 401K every year is all but guaranteed to retire with about $4 million dollars. Say, you’d like $4 million! (Me too!) So you go job hunting, survive the ringer of the […]
5 Lessons Learned from Warren Buffett’s 2016 Letter to Shareholders
If you’re looking for investment advice, why not ask one of the richest humans on the planet? At least that was my obvious epiphany earlier this month, when I saw that Warren Buffett’s 2016 Letter to Shareholders just got released. Buffett’s personal letters have become a sort of cult classic, and the latest edition is […]
How to Choose a Vanguard Index Fund
So you’ve finally listened to my endless posts about index fund investing. You’ve opened a Vanguard account and you’re ready to start socking away money and (hopefully) watching it soar. Almost there… you get to the “Choose Your Fund” page and… 127 matching funds?!? And 55 more ETFs?? Don’t faint just yet. I get it. […]
How to Decide Between an ETF or Mutual Fund?
Hey Money Wizards, So you’ve decided to pass on becoming one of the 99% of stock traders underperforming the index, and you’ve opted for the time tested, Warren Buffet approved strategy of index fund investing. Unfortunately, there are quite a few options for index funds, and one of the most common questions I get is whether […]
Should You Trade Individual Stocks?
You can make money trading individual stocks. Phew, I typed that opinion on a personal finance site, and my web page didn’t implode on itself from the incredulity of thousands of personal finance bloggers across the globe. You see, the common line of thinking in the personal finance blogosphere goes something like this: “You can […]