Asset allocation is simple. Buy 2,000 shares of Tesla, 5,000 shares of Amazon, and put the rest in the hot stock tip you got last week. Now, sit back, relax, and watch your portfolio grow forever. That’s obviously incorrect, but wouldn’t it be nice if it were that simple? But, contrary to popular opinion, asset allocation isn’t that complicated.
Most of us dream of retirement, sleeping in, no commute, all of our days will belong to us, and we can use them to do whatever we want. For those into the FIRE (Financial Independence, Retire Early) movement, retirement might be just around the corner. For those planning to retire at the traditional age of 65, it might be decades away.
Retirement used to mean a gold watch and pension. Times change. Today, retirement for most people is driven by an investment portfolio. But building your nest egg is only one part of the equation. It comes down to one question when you’re ready to retire: how do you manage it?
The number of U.S. digital banking users topped 160 million last year. With so many frustrating banking experiences, it’s no wonder people are moving away from traditional banks. Customers want total transparency without being nickel and dimed or slapped with another hidden fee.
Even those who consider all things personal finance, particularly all things investing, to be a hobby and speak all the related lingo fluently, may not be familiar with the name Harry Markowitz or the term efficient frontier. However, they may be familiar with the term Modern Portfolio Theory.
Figuring out the perfect investment strategy can be tough, especially if you go it alone. You have to worry about asset allocation, which assets to focus on, and countless other details. It’s a lot to handle. Luckily, there are some ready-made portfolios out there.
Gone are the days of little-to-no interest banking. Your money should earn for you, even the cash in your checking account. One way to do this is with CIT Bank. We’ll take a look at account offerings and interest potential in this CIT Bank review to determine whether it’s the right choice for you.
I used to worry about losing money in the stock market. I didn’t believe I was smart enough to manage it myself. Turns out, you don’t need to be a stock analyst to invest. You only need to understand a few simple principles and you’ll do better than most.
Nobody likes losing money in the stock market. There’s no way of predicting it, and your earnings can swing wildly from year to year. But what if you could tilt your portfolio in a way to enhance returns? That’s what factor investing attempts to do. But what is it, should it be a part of your financial planning toolkit, and which robo-advisors are best?
Ready to start investing but not sure you have the time or knowledge? Passive investing is the answer. We’ll explain how to invest the hands-off way.
Finding the perfect portfolio is debatable. Everybody has an opinion. There is no single portfolio that rules all. There is only the one that lets you accomplish your financial goals with minimal anxiety.
Robo-advisors are a digital, low-cost alternative to a traditional financial advisor. As with any investment platform, fees can make all the difference. This post examines robo-advisor costs, including management fees and expense ratios, and how they vary based on your needs.
Robo-advisors are a digital platform that uses algorithms to act as an automated low-cost alternative to traditional financial advisors. The best robo-advisors offer help with asset allocation, rebalancing, portfolio management, and even tax-loss harvesting. They’re the darling of the investing world, but are they right for you?
Before creating robo-advisors, your investment options were either to hire a financial advisor for a “small” fee or to research and pick the funds yourself. Now there’s another way. Robo-advisors have become increasingly popular. But why should you consider using one?
Worried we’re heading towards a recession? We have something to help you through it. Read our dos and don’ts during a recession before you make any moves.
Real estate has always provided investors with an added layer of diversification. It’s typically uncorrelated with the stock market, generates steady income, while potentially producing higher returns. Go in-depth with us as we uncover the details of investing in commercial real estate with Crowdstreet.
How does a brokerage measure up to its competitors with so many now offering fractional shares and commission-free trades? You put a new spin on an old design. In this Public.com review, I examine its unique business model, features, and how its trading platform works.
If you’re a small business owner, finding the right accounting software is worth its weight in gold. You need something offering a user-friendly experience while satisfying your essential needs. Perhaps you require time-tracking or invoicing and accepting payments. Whatever the case, if you’re looking to potentially save money while enhancing your business operations, read this QuickBooks Online review.
Are you a beginner investor? Don’t know where to start? Our detailed SoFi Invest review highlights its fees, account minimums, and more. Discover how SoFi Invest makes its platform so accessible.
While 82% of small business owners fail to manage their cash flow, FreshBooks boasts its software will help you do it better while saving you 192 hours every year. This review details its invoicing, time tracking, and accounting features that have been helping self-employed professionals since 2003. In short, if you’re looking for a solution to potentially help you accomplish more in less time, read this post.