Fire your financial adviser and invest for yourself using no-load index funds. You can also read more of my investment advice and my current investment market assessment.
Fire your financial adviser and invest for yourself using no-load index funds. You can also read more of my investment advice and my current investment market assessment.
I see the risk level in the stock market continue to rise and now advise that it’s best not to invest in stocks heavily for the time being. For now, the allocation with the best probability of success is to invest between 0 and 20% of your money in stocks, depending on your risk tolerance.
It is now essential that people reexamine their job, their goals, and their dreams as they look to the near future. Preparing for the changes ahead in the job market may well provide a competitive edge in having the work and life you wish for.
Graduates can be successful in this challenging economy if they set clear goals, create an effective financial plan, and spend their money wisely.
Instead of telling yourself that you can’t do something, look at all that you have going for you and remember: You are the only one who limits you from getting what you want. And that includes achieving financial freedom.
In my book about managing your money, Money Smart, I write about maximizing your money to its full potential. Here are 7 key steps from the book to change the way you think about spending your money to help you make your current income level work. Each one individually has the potential to make a big difference, and together they can transform your personal finances.