This week’s Free Money Friday offer is a fun one for the investors out there. Motif Investing is offering a bonus of up to $150 for trades you make with them. How to Earn Your $150 Open a Motif Investing account with at least $2,000. Make a Motif trade. Earn a bonus: 1 motif trade [...]
It’s all over the news about how the stock market is now trading at all-time highs. For many investors, your portfolios should now be worth more than they were back in 2007 before the financial crisis hit. I say should for two reasons, the first being this assumes you actually stayed invested in the market. [...]
I see stories in the newspapers and online about why the stock market wants President Obama to get reelected. I also see stories about why the stock market wants Mitt Romney to win the election. Theory tells us that the stock market will perform better when a Republican is sitting in the White House. This [...]
If you’re looking for an online service to keep track of your finances in one place, it might be worth considering Personal Capital. I recently opened an account to check out Personal Capital and see how well it works. Personal Capital Review Personal Capital is a free service that puts all of your financial information [...]
It’s been awhile since we’ve done a Lending Club update. If you’re not familiar, Lending Club is a peer-to-peer lending service. Regular people like you and me can use the site to borrow and lend money without using a bank. To run the service, Lending Club charges each party a small fee. But in general, [...]
Inflation affects us every day. Rising food prices, higher gas prices, and higher clothing costs are just a few of the examples of inflation. It’s easy to see these examples because we deal with them in the day to day. The effect inflation has on our investments is another story. While you look at your [...]
Investing is supposed to be easy; you take an amount of money, invest it in the market, and let it grow in value over time. If it is so easy, then why do so many people fail at it? Here are 11 reasons why investors fail. Hopefully you aren’t committing all of these mistakes. If [...]
Before investing in mutual funds, many investors inquire about the Morningstar rating, or star rating of a particular fund. If it has a high rating, they assume that it is a good fund to invest in. But is it? Just because someone else thinks a mutual fund is good to invest in doesn’t necessarily mean [...]
I read an email from a long time reader, Gerald, here at My Dollar Plan on two posts that were recently published. They are Why You Aren’t Earning What Your Mutual Fund Says You Are, in which I wrote that the average investor earns a much lower return than the market due to the fact [...]
Is it time to update your asset allocation? I just finished updating our asset allocation and rebalancing our portfolio. Let’s dig right in and see what it looks like right now. Asset Allocation Highlights My portfolio is built around the following asset allocation goals: Stock/Bond Allocation: My updated stock/bond split is now 70/30. We were [...]
