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.
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.
You need to invest your money. It simply doesn’t make sense not to. Even if you only invest 5% of your money, it would still be worth it. This is your investing for beginners 101 cheat sheet. We explain the basics of simple investing and aim to inspire the proper mindset you need to succeed.
Have you asked yourself, “Should I invest in stocks?” If you’re not investing, maybe fear is stopping you. We’ll help you overcome the fear of investing.
Opportunity cost is what you give up when you choose between options. No matter what we choose, there is a next best choice that we give up, that is the opportunity cost. We want to minimize our opportunity cost by choosing the option that benefits us most- risk vs. reward, cost vs. quality, salary vs. qualtiy of life.
There are many different aspects to personal finance but the one that is most intimidating is investing. By the time you finish reading Investing for Beginners, you will have all of the knowledge you need to start investing.
Dollar cost averaging is a simple yet effective strategy that will help you grow real wealth. The best part is, you can put your money on autopilot.
The time value of money and risk and return are two core concepts in personal finance. Luckily, each boils down to a pretty simple statement. The time value of money means your dollar today is worth more than your dollar tomorrow.
You’ve probably fallen victim to the sunk cost fallacy at some point. We explain what sunk costs are so you can avoid them.
If you know personal finance you know the term timing the market. Is market timing is a good strategy or impossible to do?
If you read or listen to anything related to personal finance, you have heard of Vanguard Funds. But WTF are Vanguard Funds and why are they so popular?
Net worth is a useful tool to gauge your overall financial picture. We have good data in America for average net worth by decade. See how you stack up and because LMM listeners are not average, what your net worth by age should be.
You can let something like Betterment pick your stocks but if you’re ready to dabble on your own, we’ll teach you how to do the job yourself.
Did you know that Harvard has a 37 billion dollar endowment? That is a crazy amount of money. And to be clear, that’s billion with a capital ‘B.’ Let’s examine what the pros do, the Ivy Portfolio, and you can replicate it.
Balance is important in all aspects of life, including your financial portfolio. Find out what well balanced means when it comes to your portfolio.
Questioning what animals have to do with the stock market? Learn the difference between bull vs. bear markets. Click here for enlightenment.
Mace? No, not that kind of bear attack silly. The kind that happens when the stock market is down. Spoilers, don’t panic. That may work for both kinds.
Successful investors are successful because they adhere to a set of principles. This post outlines ten essential investment strategies you need to build wealth. In short, if you’re wondering how to get rich without getting lucky, this article is for you.
Do you have money in an index fund? Do you even really know what an index is? I’ll explain what an index is so you can better understand your investments.