Archive for: Investing

Roboadvisors Vs. Live Financial Advisors: Which Option Is Best For You?

It’s been over 100 years since Nikola Tesla guided an iron-hulled boat across an indoor pond at the recently-completed Madison Square Garden. That vessel, Tesla boasted, contained "a borrowed mind.” A PBS documentary on Tesla called it the dawn of the … [Read more...]

10 Questions To Ask Your Financial Advisor

I made a good move, if somewhat accidental, when I moved my 401(k) into a vanilla IRA after I was laid off from my job in 2009. The timing couldn’t have better. As the Great Recession wiped out many retirement accounts, my money held the line and d … [Read more...]

How Much Do You Need To Have Saved For Retirement? (At Age 30, 40, 50, 60, And Even 65)

American workers today lack confidence in their ability to retire, due in part to a misunderstanding about how much it will take to fund a successful retirement. A recent report by the Employee Benefits Research Institute found that fewer than … [Read more...]

Acorns Review: With The Acorns App, Start Investing With Just $5

Acorns Category: Investing PlatformCost:$1/month or lessRating:  Pros No minimums. Beautiful, intuitive design. Low fees. Automatic dividend reinvestment. Cons No IRAs. Investment choices limited to one of five available … [Read more...]

10 Tips To Help You Start Investing

A whopping 93 percent of Millennials are wary of investing, according to a Capital One ShareBuilder survey released to CNN Money. The reasons vary -- from a distrust of markets to a lack of investing knowledge -- but the sentiment has real effects … [Read more...]

DRAFT App Review: Simple Portfolio Analysis For Every Investor

Comparing yourself to others isn’t always healthy. For example, you’ll be happier if you’re grateful for the things you have instead of envying the things your friends have. But in some situations, such as analyzing your investment portfolio, compa … [Read more...]

The $1 Million 401(k): Investing Strategy For 20- and 30-somethings

Your 401(k) could easily make you a millionaire. By making small, regular investments starting in your 20s or early 30s, your savings will grow tax-free over 30 or 40 years. While opting in to make 401(k) contributions is the most important step you … [Read more...]

When Is It Time To Hire A Financial Advisor?

From time to time I get emails from readers who have realized that they need financial help that goes beyond reading blogs and books. Some readers’ finances have suddenly grown more complicated, either as the result of a new job or an inheritance, … [Read more...]

How Smart Investing Could Significantly Lower Your Taxes

This is a sponsored post written by me on behalf of E*TRADE for IZEA. All opinions are 100 percent mine. Here’s a riddle: Jennifer and Mark are both 30-year old, single Americans with no kids. Jennifer and Mark both earn exactly $60,000 a year. Bu … [Read more...]

Should You Delay Retirement Contributions To Pay Off Debt?

Conventional wisdom says you should always make saving for retirement -- through a 401(k), IRA or other plan --  a priority, especially when you're young. Just look at this powerful example of how compound interest can make anyone a milli … [Read more...]