Tag: investing
Can I Retire At 60 With $500K?
As millions of baby boomers approach retirement with Generation X-ers not far behind, the question of “Can you retire with $500,000?” repeatedly pops up among our readers. Yet, it’s not only those 60-year-olds thinking about retirement, but also, we find middle-aged folks asking if retiring at 55 with 500k is reasonable. This article will delve […]
Why You Should Start Investing In The E-Commerce Industry
Although most tech-savvy investors are putting their capital into markets such as cloud computing and virtual reality, e-commerce offers an impressive amount of investment opportunities. As an investor yourself, you may consider this industry to be “old news”. After all, it has been around for a couple of decades. However, it is predicted to continue […]
Frugal Not Cheap: 3 Important Differences
There are many differences between being cheap and being frugal. Someone who is cheap does not want to spend money on anything, regardless of its value. Someone who is frugal understands the value of things but wants to cut costs when possible. It is important to understand these differences in the following situations. Short-Term Versus […]
5 Wealth Management Tips For Heading Towards A Comfortable Retirement
Most consumers know that planning for retirement takes a lifetime. While it’s more fun for consumers who are still working to focus on what they want to do with their new-found time, what they should be thinking about is wealth management. Read on to find five tips for how to save for a comfortable retirement. […]
Big Risk Can Mean Big Growth
Risks and rewards are related. They are usually inversely related. Generally, the more risk you take, the more you can get in reward. The opposite is true too though; the more risk you take, the more you can lose! Therefore, the risks you take should be calculated based on various factors. For the most part, […]
Warren Buffett’s Top Ten Investing Lessons
I’ve been studying legendary investor Warren Buffett for almost ten years. It’s largely because of his teachings that I’ve been able to build a significant amount of wealth and retire in my early 30s, as I lay out in 5 Steps To Retire In 5 Years. By following a number of Buffett’s timeless investing lessons, I […]
6 Beginner Investing Mistakes (And How To Avoid Them)
New investors have access to more information than ever before to help them get started, but beginners often make simple mistakes that prevent them from attaining their investment goals. While it takes time to grow more comfortable with investing, fixing these common errors will immediately make you a more effective investor. 1. Using the First […]
How To Buy And Hold Real Estate
Profiting from real estate as part of a short-term or a long-term investment strategy (for example, to complement your retirement plan) is a common goal for many investors. The flexibility of real estate investing makes it ideal as a full-time career path, a part-time business, or just as a hobby. Either way, there are some tactics […]
Want To Invest Like The Pros? Roll Your Bonds As The Yield Curve Flattens
In the beginning of time, BC (Before Children), I traded bonds at Prudential Securities. It wasn’t like the “Wolf of Wall Street” or even Bonfire of the Vanities, but it had its moments. We didn’t get a lot of training. As we came in the door we were expected to know things like convexity and duration. And to […]