Investment advisor and entrepreneur, Robert G. Allen once said, " How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." This... read more →
Here’s the single best investing tip I can offer: Focus on process not products.
Investors too often lose money by worrying too much about investment products, rather than directing their attention to the process of investing.
Far too many people fall into the trap of watching the latest Wall Street headlines on TV or in newspapers, magazines, and online publications, and then trying to chase returns. These investors are seduced by media headlines such as: “Experts Predict The Hottest Stocks of 2012” or “The Best Mutual Funds to Buy in the New Year.”
This is precisely the wrong way to go about investing. Investing should not be about chasing down individual products, but about how you can best manage the process of investing.
Just a last-minute reminder that TOMORROW is the start of the stock market trading course I told you about in my previous post, being taught by Teri Ijeoma, CEO and... read more →
Happy October! Did you know that October is National Financial Planning Month? That means it’s a great time to think about your financial future, and how you can improve it.... read more →
According to data revealed by Forbes, 42 percent of millennials are investing more conservatively than their Generation X (38 percent) and Baby Boomer (23 percent) peers. Also, 66 percent of... read more →
Since the beginning of October 2018 to mid-January 2019, the S&P 500 Index has been down ten percent, rebounding back to its starting point at the beginning of 2018--sending its... read more →
Investing in bitcoin isn’t a decision you should make lightly or without being properly informed about all the potential risks involved. Still, you might be tempted to invest in bitcoin... read more →
Bitcoin became all the rage among many investors in 2017 – and even people who don’t regularly invest have gotten in on the action with this cryptocurrency. If a friend... read more →
With the holiday season approaching, everyone’s looking for a unique gift for our friends and family. After all, no one wants another receive another pair of boring socks! Just as... read more →
A reader sent me the following question via Facebook wanting to know my opinion of investing in penny stocks. Here's her question and my reply. Q: I know you are... read more →
Gender and investing is a sensitive subject. I have a lot of conversations with industry participants about why diversity is good for the financial industry and why diverse managers, particularly... read more →
Herbalife is a multi-level marketing company that sells weight loss products and nutritional supplements. On the surface, there’s nothing illegal about that. But one prominent investor, hedge fund guru Bill... read more →
If you’ve decided to diversify your investments and are interested in purchasing stocks, don’t overlook the benefits of working with an online stock broker. Online stockbrokers serve as middlemen to... read more →
If you’ve thought about switching banks to skirt extra fees or just for better services, don’t overlook the option and benefits of joining a credit union too. Credit unions are... read more →
Q: I have been contributing to a pre‑tax 401(k) for many years, and a Roth IRA as well. I’m 52 and very disappointed in the balance of these accounts, as... read more →
Investors too often lose money by worrying too much about investment products, rather than directing their attention to the process of investing. (more…)
