Prosper Versus Lending Club

Posted by Jill on January 5, 2010

About 2006, Peer to Peer (P2P) lending emerged as a new way for people to lend money to each other without going through banks or other traditional avenues. Since then, the two largest players in the P2P market have been Prosper (our review) and Lending Club (our review). Both sites allow borrowers to make loan […]

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Prosper Review: A Closer Look at Social Lending

Posted by Jill on January 4, 2010

Social lending, also called Person-to-Person and Peer-to-Peer (P2P) lending, started a few years ago as a way for people to borrow and lend money without going through traditional banks. The two biggest players in the industry are Prosper and Lending Club. Give social lending a try for free! Sign up for Lending Club and get […]

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OptionsHouse 100 Free Trades

Posted by Kate on December 18, 2009

It’s Free Money Friday! Hurry and get this great offer for 100 free trades from OptionsHouse Brokerage by the end of the year! How to Get Your Free Trades Open a new OptionsHouse account with a minimum of $3,000 (funded within 45 days of account approval) by December 31, 2009. Offer is extended until April […]

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What is a Dividend Reinvestment Plan?

Posted by Brian on November 4, 2009

Companies offer Dividend Reinvestment Plans (DRP) to allow shareholders to purchase stock on a regular basis directly from the company. In addition to share purchases, dividend reinvestment plans reinvest any dividends paid into more company stock. A dividend reinvestment plan is a convenient way to build a large stock holding in a company over time. […]

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ETFs Versus Index Funds

Posted by Madison on October 21, 2009

ETFs versus index funds, which is better? Yesterday we determined what is an ETF? In the overview, Jill mentioned that ETFs usually have lower expense ratios and are ideal for a one-time small investment that you will hold for a long time. They’re also good for trading a large group of assets at once. However, […]

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What is an ETF?

Posted by Jill on October 20, 2009

Whether you are investing through tax-advantaged retirement accounts or in other taxable accounts, you might want to consider Exchange Traded Funds, or ETFs, as part of your long-term investment strategy. ETFs are one of several ways to invest in equities. Others include individual stocks, mutual funds, or index funds. What is an ETF? An ETF […]

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Why Fidelity Sucks

Posted by Madison on September 24, 2009

Fidelity Solo 401k I opened a Solo 401k at Fidelity last year. However, I held off on making our contribution until just this month, so that we would be able to more accurately pinpoint our income. This is one of the best characteristics of the solo 401k. As long as you establish your plan in […]

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Zecco Promo Code for 20 Free Trades

Posted by Madison on September 11, 2009

It’s Zecco promo code time. Zecco is offering 20 free stock trades for new customers. Happy Free Money Friday! Trades are normally $4.50, so if you use all the trades, it’s like $90 in free money when you use the Zecco promo code. But you have to act quickly, the deal expires this weekend. How […]

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TradeKing $50 Sign Up and Referral Bonuses

Posted by Madison on August 14, 2009

TradeKing is celebrating National Friendship Day by offering $50 sign up bonuses and referrals. It’s our Free Money Friday offer this week. How to Get Your Sign up Bonus Have a current TradeKing member refer you*. Use the link in the email you receive to open a new TradeKing account by August 31, 2009. Fund […]

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Scottrade Remains Our Broker of Choice

Posted by Madison on August 11, 2009

Our investment club just finished reevaluating our broker. We do this every couple years to make sure we’re getting the best service and the best rates. We decided to stay with Scottrade. Scottrade Account Details Account Minimum: None Opening Account Minimum: $500 Account Fees: None Trading Fees: $7 per trade (market or limit), which includes […]

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