If you haven't heard the news, the U.S. stock market is in amid quite the tumble over the past few days of trading. Investors are worried about the Global economy and China's economic slowdown. There was a huge sell off that caused it to drop 1,000 points (nearly 8.5%) yesterday, causing HUGE headlines to come out: "After historic 1,000 point plunge, Dow dives 588 points at close" "Dow … [Read more...] about Stocks Are Plunging, What Should I Do?
But seriously.....do something. Anything. And start today. If you don't know where to put your money, read Millionaire Teacher (<- affiliate link) and it will become abundantly clear.....and very easy. photo credit: 401(K) 2013 via photopin cc … [Read more...] about The Ultimate Beginner’s Guide To Investing
I mentioned a few months back that I finally dumped Edward Jones after 9 years of investing with them and brought my Roth IRA over to Vanguard. I've had a few people email me and ask about the reasoning behind this, as well as the process, so I figure I’d write it out in a blog post in case others were interested as well. Now let me just say this before I get into the post; I don't hate Edward … [Read more...] about I Broke Up With My Financial Planner
One of the best thing about this blog is the chance to help ACTUAL READERS with ACTUAL PROBLEMS instead of just hypothesizing about financial matters. Today's reader sent me a question, and after reading it a few times, I was in complete awe of how awesome she is! I wanted to share her situation with you, not only to show that millennial are lazy, entitled jerks, but also to inspire those who may … [Read more...] about Reader Question: I Rock At Saving Money, But What Now?
A few people might know this about me, but most don't. I've been trying to break into the finance industry for a few years now to no avail. Well, sort of. I am now a professional tax accountant, with and Enrolled Agent license (you can read all about enrolled agents here). But I didn't originally start out to become a tax professional. I wanted to help people with money professionally. To be … [Read more...] about Why I’m Not A Part-Time Financial Advisor (Yet)
Let's chat a little bit about mortgages, shall we? Made popular in the U.S. in the depression days ("depression", not "recession"), mortgages are a fairly recent concept for Americans. Before that, YOU ACTUALLY HAD TO HAVE THE MONEY TO BUY A HOME! WOW! No, seriously. You didn't own a home unless you could buy it in full. Crazy, right? But mortgages were introduced to help out wanna-be homeowners … [Read more...] about Should I Pay Off My Mortgage Early?