One of the biggest misconceptions of investing is that it’s only for the rich. The reality is that new investors and those investing with little money have more options than ever before. Most brokerages have eliminated commissions and minimum balance requirements. There’s also technology that’s replaced expensive advisors
Robinhood Review 2024 – Is Robinhood Legit?
Robinhood entered the game as a free investing app that wanted to make investing accessible and affordable for all. It even took its name from the Robin Hood film character who stole from the rich to give to the poor. That mission is appealing to new inventors, and Robinhood also offers cryptocurrency trading, which you[…]
Leaving Robinhood? 9 Robinhood Alternatives That Are Better for Investors
Robinhood was the first commission-free brokerage app, and it’s been popular among millennial inventors since it was founded in 2013. But after Robinhood banned trades on certain stocks in January of 2021, many people have started looking for alternatives apps for investing. Fortunately, there are lots of solid alternatives to Robinhood. Since Robinhood was launched,[…]
5 Best SEP IRA Providers of 2021
A SEP IRA (or Simplified Employee Pension IRA) is a type of traditional IRA that is set up and funded for employees by an employer. The best SEP IRA accounts are a good way for self-employed people and small business owners to contribute to their retirement savings. SEP IRA contributions are made by the employer[…]
Best Online Stock Brokers in 2024
If you’re trying to make your money work for you, then investing in the stock market is a great way to make that happen. The thing is, and this is both good and bad, there are SO many online brokerages to choose from right now. Okay, maybe it’s not bad, but too many options can[…]
What is a Liquid Investment? 8 Most Liquid Investments
Having some of your money saved in a liquid investment can be a safer alternative than having all of your cash tied up in the stock market or real estate. Liquid investments are a safer way to save for emergencies. They’re also a great option if you have a short-term savings goal like saving up[…]
How To Get Started In Stocks: A Beginner’s Guide to Investing in Stocks and Bonds
Investing is one of the best things you can do to prepare for retirement, but if you’re a beginner the whole process is pretty intimidating. It’s also nothing like you see in the movies because it takes much more patience and control to grow your wealth by investing in stocks. And before you get any[…]
7 Rules I Used to Save $100,000 by Age 25
Hey guys! I have an awesome guest post that I’ve been waiting almost a week to share with you. My friend over at My Money Wizard hit the $100k mark this year! He’s sharing how he did it by 25 years old. Enjoy! ~M$M A couple of months ago I logged into my bank account,[…]