Many people try market timing, following the old adage to "buy high and sell low". This is especially true when the market goes south. People are either proud that they sold at the top, or regret holding on to stocks during the downturn. How well does the "buy high, sell low" adage work in practice? According to a study by Fidelity, it doesn't. They found that the decisions … [Read more...] about Don’t Try Market Timing – Missing a Few Days Can Tank Your Returns
Investing
Warren Buffett – The Best Investment To Make
Warren Buffett has never been a fan of the investment fees that hedge funds charge. In 2007, he made a $1 million against any hedge funds an S&P 500 index fund would outperform their fund selection over 10 years after fees. Protégé Partners was the only hedge fund who took on the bet, and the S&P 500 beat them decisively. Warren Buffett's S&P 500 investment fund … [Read more...] about Warren Buffett – The Best Investment To Make
What is an ETF – The Pros & Cons of ETFs
Exchange-traded funds (known as ETFs) are growing in popularity, and there are thousands of ETFs available. As they're growing in popularity, many are asking, what is an ETF? ETFs are one of the most valuable products for everyday investors. They give you the ability to invest in a broad array of stock and bonds, while paying a fraction in fees. Some companies even offer … [Read more...] about What is an ETF – The Pros & Cons of ETFs
What is an IRA & Why Everyone Should Have It
A shocking 21% of Americans have nothing saved for retirement, and even fewer have an IRA. We'll explain what is an IRA, and why everybody in the United States should have one. What is an IRA? An individual retirement account, or IRA, is an account that you can set up at a brokerage firm or financial institution. It can be set up in just a few minutes, and most brokerages … [Read more...] about What is an IRA & Why Everyone Should Have It
Save Money Effectively With The Hierarchy of Savings
You have done a great job saving – now comes the hard part, how to save your money effectively. There are many vehicles to place your savings - including a standard brokerage account, 401k, IRA, or investing in assets such as real estate. To help you prioritize your investments, we put together a hierarchy of where to save your money in order. Our mindset is to minimize … [Read more...] about Save Money Effectively With The Hierarchy of Savings