By Eric Saving money is hard. If it was easy, everyone could do it. We wouldn’t have the consumer debt crisis we have. We wouldn’t be struggling with financial literacy. We probably wouldn’t have Thriving Millionaires. But the fact is, it isn’t easy. Because it isn’t easy, it’s important to figure out a system to … More Automating Savings
By Eric We’ve talked about diversification here before, and diversification is the lens through which I make the assertion that you shouldn’t (overly) invest in the company you work for. This claim generally is met with resistance and hesitation by most people I’ve talked to about it. Many of us, when we start with a … More Why You Shouldn’t Invest Significantly in the Company You Work For
By Eric First, let’s get my bias out in the open because I think it’s important for you to understand where I am coming from relative to this topic. I am a big fan of ETFs. The majority of my personal portfolio is held in ETFs, and that percentage is ever-increasing after I learned more … More The Case for Investing in ETFs
By Patrick Investing is one of those activities that makes one sound older and wiser. Why is that? Oftentimes, those who talk about investing are the ones who have done well at it. I think many people in their twenties miss the boat on investing at a young age and taking advantage of compound interest. … More The Case for Investing in Individual Stocks
By Patrick Note: This post is Part Three of a three-part series. You can find the other parts here: Part One: Intro to Individual Retirement Accounts (IRAs) Part Three: In Defense of the Roth IRA In our previous post, Intro to Individual Retirement Accounts, Eric brought up the two different types of IRAs you can … More In Defense of the Traditional IRA
An overview of IRAs, their history, and their utility. This is the first part in our three-part series on IRAs.