After I wrote how to start an investment club, readers wanted to know more about our investment club portfolio and returns. With the permission from the club members, here is what our portfolio and returns look like at Scottrade, in addition to more information about how the club works.
Welcome readers from MSN!
Today I wrote a guest post for MSN on Investment Snowflaking explaining how it works, the benefits and some examples. It’s a spin-off of a popular strategy know as debt snowflaking.
Each time you receive extra money — a sale on eBay, a bonus check, or repayment from a friend who borrowed $20 [...]
After my husband read our net worth update, he asked why our portfolio was declining and if contributions wouldn’t offset the declines. I explained that we had reduced our savings contributions significantly in the last few years, which alarmed him.
Actually, the strategy I came up with is anything but alarming. Here’s an example of how [...]
Sixteen personal finance writers put together an outstanding guide of finance material that spans a lifetime in the Money Matters for All Ages series. The entire series is also available to download in a free e-book. Here’s the highlights:
Debt snowflaking is a successful technique to get out of debt. In addition to the fixed amount that you have planned each month, you apply all the extra money you find to paydown your debt faster. It’s an extension of the snowball method and snowball calculator.
Investment Snowflaking
I didn’t want the investing crowd to be left out in [...]
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