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?
May 11, 2010 By 6 Comments
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
May 3, 2010 By 4 Comments
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
April 28, 2010 By 1 Comment
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...]
Five Stocks to Sell This Spring
April 21, 2010 By 1 Comment
From CNBC to Fox Business, television pundits will loudly proclaim that now is the time to invest in the stock of XYZ Corporation. Rarely, however, do these financial commentators tell you when it’s time to unload shares of XYZ Corp. Knowing the … [Read more...]
Should You Borrow Money to Invest for Retirement?
April 16, 2010 By 5 Comments
Two Yale Professors want you to borrow money to invest in the stock market. Economists Ian Ayres and Barry Nalebuff first pitched the idea in a 2005 Forbes column called Mortgage Your Retirement. Their philosophy is this: Young people should take … [Read more...]
Five Strong Stocks for Beginning Investors
April 14, 2010 By 4 Comments
So, you've made the decision to start investing, but you just aren't sure what stocks to buy. Building a portfolio can seem like a complicated process, especially when you're just starting out. And that's a good thing, because it's important to get … [Read more...]
The Investing Lesson Todd Taught Me
April 2, 2010 By 3 Comments
As a boy, I spent a lot of time annoying our next-door neighbor, Todd, a successful work-at-home plastics executive. In exchange, he taught me curse words, how to play poker, and one very smart habit. Todd read a Boston Globe every morning in a … [Read more...]
How to Start Saving For Retirement
March 15, 2010 By 5 Comments
Perhaps you heard it from your parents, some guy you know who "really has it together" or maybe you've read it on a blog like this one. Regardless of where you got the advice: You know that it's never too early to start saving for retirement. That … [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.