Recently I wrote about the best place to open an IRA; I recommended Vanguard for buy-and-hold investors and TradeKing for investors who want to do more active trading. Although I think many new investors will be well-served by TradeKing, in … [Read more...]
How To Position Your Portfolio For An Economic Recovery
If you watch financial television, things look bleak. The unemployment rate is at 9.9% and the Dow has dropped below 10,000. It looks like the world is coming to an end as we know it. Although it may not feel like it at the moment, the United … [Read more...]
How to Research a Mutual Fund
Trying to pick the right mutual fund can seem like trying to find a needle in a haystack. The entire process can seem endless with hundreds of fund companies offering thousands of different mutual funds. Don’t fret! We're here to help. There are … [Read more...]
Why Bonds Belong In Your Portfolio At Any Age
The financial press trumpets bonds as the asset of choice for retirees relying on a fixed income. Although this may be true, bonds also play an important part in younger investors’ portfolios. Bonds have many benefits. Bonds bring balance … [Read more...]
Is Lending Club a Good Investment for You?
For the past six months, I’ve been lending money---$25 at a time---to perfect strangers. In exchange, I’m on track to earn a 12% annual return on my investment. No, I’m not a loan shark; I’m a Lending Club investor. Person-to-person … [Read more...]
Dividends Are Your Friend
For people that are new to the stock market, investing jargon can be intimidating. Among the topics that can be confusing are dividends. Many wonder what dividends are and how they affect you, the investor. In short, dividends are always a good … [Read more...]
Where’s the Best Place to Open an IRA?
I’ve been bugging my wife to open an individual retirement account (IRA) in addition to her state retirement plan. Of course, she’s looking to me for the basics like…”OK, where do I open the account?” Easy question; tricky … [Read more...]
Why Now’s a Good Time to Add Financials to Your Portfolio
The stock market has been on a tear over the past year with equity prices continuing to rise. Stock selection mattered little with every sector participating in the market rally. Now the market looks a little tired and may be ready for a sell off … [Read more...]
How To Take Advantage of Rising Interest Rates
As the economy recovers, interest rates will start to increase. To many, rising interest rates are a bad thing because they lead to higher rates on mortgages, auto loans, and credit cards. Although it's true that higher rates can hurt, rising … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results.