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Archive for: Investing

Think You Can Beat The S&P 500 This Year? Let’s Try (Grow Your Dough Challenge 2.0)

I’m not one to advise you try to beat the stock market. Economist Paul Samuelson is famous for saying “Investing should be like watching paint dry. If you want excitement, take $800 and go to Las Vegas.” For the most part, I follow Samuelson’s a … [Read more...]

8 Fresh Investment Ideas For 2015

With 2014 history and 2015 here, the inevitable New Year’s resolutions may be on your mind. No sense in listing those, because losing weight, working out and writing a novel are always … oops. But how about a bigger oops: that is, forgetting to twe … [Read more...]

Lending Club Review: Get A Loan Without A Bank, Or Lend Money To Others

Today marked an exciting day for crowd-sourcing and social finance with the Lending Club initial public offering (IPO) on the New York Stock Exchange. I've been writing about peer-to-peer lending since 2006, when the trend was in its infancy. Back … [Read more...]

5 “Robo Advisors” That Are Forever Changing How We Invest

Some six decades go, a rash of kitschy sci-fi films depicted robots taking over the world. But no one suspected it might come true in a civilized way. At least that’s what seems to be happening in the investment world with so-called r … [Read more...]

The Roth IRA: What It Is, How It Works, And Why You (Definitely) Need One

Ready to start investing on your own? Then a Roth IRA is the first place to look. Jump to: Roth IRA Contribution Limits Roth IRA Income Limits Before I took a job at SmartMoney Magazine, terms like 401(k), Traditional IRA, and Roth IRA … [Read more...]

Asset Allocation For Young Investors

Anybody can -- and should -- be an investor. You don't need to study every issue of the Wall Street Journal or even be a "math person" to put your money to work for you in the stock market. There are -- however -- a few important concepts with … [Read more...]

Why Index Funds Cost Less, Reduce Risk And Make You A Better Investor

If the movies are any indication, the road to investment riches is paved with adrenaline, frantic day trading, and -- of course -- frozen orange juice and pork belly futures. As is often the case when Hollywood creates its own version of reality, … [Read more...]

What Should You Do With A Year-end Bonus Check?

After many years of school, I now have my first job and I expect to receive a year-end bonus somewhere between $5,000 and $10,000. What should I do with my bonus check? What kind of saving options do I have? (I will already have maxed out my 401k.) … [Read more...]

5 Major Mistakes Investors Make, And What It Takes To Get It Right

My first mistake as an investor was a doozy, and chances are by the time I retire, it will have cost me tens of thousands of dollars in compound interest, maybe more. I’d love to name the financial advisor who steered me wrong. But I’ve risen abo … [Read more...]

Could An Annuity Belong In Your 401(k) Or IRA? Proceed Carefully

Annuities are complicated financial products that can be overhyped and oversold by commission-hungry sales reps. And until recently, young people had no reason to ever consider annuities. But a new law that allows you to invest in annuities as part … [Read more...]