This article was originally published on NerdWallet.com Picking a stock that goes up 100% in a year is exhilarating. But there’s a problem with this method of investing. Like gambling in Vegas, it may be fun and even rewarding in the short term. Yet in the end, just as the house always wins, picking stocks is…
Brad talks to Stefanie O’Connell, author of The Broke and Beautiful Life, about investing and her finance adventures
This article was originally published on NerdWallet.com The market has been on a wild ride lately, which has provided a wake-up call for investors who rode the six-year bull market — and its low volatility — without a care in the world. Now reality has set in. As with all market corrections, this one has inspired retail investors to question whether it’s…
As I was listening to Fed chair Janet Yellen’s testimony in front of Congress last week, I was intrigued by a tweet from Morgan Housel: “Go back to 2008 and tell people that in 2016 our biggest headwind would be low oil prices and a strong dollar. Economics is hard. Not in a “things are…
More snow coming? Get ready for Instagrams and TV reports about empty bread shelves! Here’s one from my local store before the blizzard a couple of weeks ago: No matter how many people have resolved to stick to a gluten-free diet, that gluten seems much more appealing when a storm is on the horizon and…
Did the recent interest rate hike news cause any delay to your plans to house hunt? Are you wondering – given the rate increase and current market turmoil – if this is really the right time to purchase a first home, or if renting makes more sense for you right now? Actually, the exact opposite…
Still haven’t won the Powerball/? You may have to postpone that fantasy of buying a private island in Thailand, but that doesn’t mean you can’t still be on your way to achieving your financial goals and dreams. Here’s one way to do it – take that money you’re sinking into lottery tickets and invest it…
In the film The Shining, a ghostly bartender tells Jack “your money’s no good here,” while other ghosts are planning to do away with Jack and his family. In December it was Wells Fargo doing the “ghosting.” By urging its brokers to get rid of clients with a minimum balance of less than 65,000, Wells…
If you won the Powerball today, what would you do with the $90 million dollars? While I’m not the first to tell you that you are definitely not going to win the Powerball – you have a 20 times greater chance of having identical triplets – it’s a great idea to think about what you…
Even the best financial plans can be tough to stick to during the holiday season. No matter how careful you’ve been all year, it’s tempting to splurge on some of the things that make us happiest: good times with friends and family, travel, entertaining, and generous gift-giving to friends, loved ones, and favorite charities. Here…