If you’re a new investor with a small amount of money, it can be difficult to get started with investing.
There are a lot of choices, but you might not have enough to invest in it, or it might feel risky to put all your money in one investment.
ETFs are a popular solution for this conundrum. They provide a simple (and cheap) way for beginner investors to invest.
An ETF or Exchange Traded Fund is a collection (or basket) of stocks traded on the stock exchange. ETFs trade the same way as regular stocks.
The ETF might track (or…
Today, as I write this, we’re in a crazy bull market — aka, the stock market has been on steroids. There is growth to be found literally everywhere.
In an upward trending market, diversification gets no love. There is no reason to diversify if all stocks can only go up.
But diversification is not a strategy for good times.
If the stocks you picked only went up, you would not ever need to diversify.
Warren Buffet is often quoted as being against diversification; he claims that “diversification is protection against ignorance.”
Sure, if you knew everything about the company and…
Honestly, I love talking money. But it wasn’t always this way.
As an accountant / financial analyst, my day job involved talking about money to my bosses, banks, and lenders. But the numbers at work were large and abstract in so many ways.
When it came to personal money matters, I just avoided it. A lot of times, it was because I didn’t have a ton of adult financial responsibilities.
I was lucky to have no debt, no mortgage. But still, when it came time to spending money — I was the queen.
Traveling, because it was the long weekend.
It’s been almost three years since I last held a traditional corporate job.
Since then, I’ve worn a lot of hats. Most recently, one of the many is a content creator.
I just turned 31. And many days, I wish I had explored this still non-traditional career path earlier. Maybe I would have hit success earlier?
My family is fairly conservative, and getting a formal education has always been a priority. I chose the field of finance and accounting because of the stability and certainty it sold. Plus, it was a subject that made sense to me.
But if I…
Money and personal finance advice are centered around 2 key themes:
Depending on your circumstances and your money goals, one of these (or both) will surely apply.
If you’re in the spend less money camp, most advice (at least what I have encountered) is related to budgeting, frugal living, couponing, and aggressively paying down debt.
While that might work for some, a lot of the advice is restrictive. And it often makes me feel ashamed of my spending habits.
Little splurges like my favorite lattes or new plants bring me joy. I hate being…
Your energy is at an all-time high; you feel invincible!
You go to bed with a sense of accomplishment. You’re tired, but you’ve conquered your to-do list, and you fall into a blissful sleep.
The next morning, you wake up, you’re groggy. You feel like you need to snooze your alarm a few times.
That, to me, is the cost of productivity.
We live in a world where we value optimization. We love to test and tweak until it is all perfect! But when it comes to ourselves, what are we tweaking for?
Productivity is often a way to get…
Emotions are human and investing decisions are never black and white. Understanding your emotions as an investor can increase your chances of success.
If you had to assign a gender to the task of investing, most people would assign it to a man. You look at any financial media, and it is made for men. A quick search for top investing personalities will yield lists of men like Warren Buffet, Jack Bogle, Carl Ichan.
It’s been about two years since I quit my job.
The initial plan was not online entrepreneurship. But it was a discovery that was hard to shake off. Over the years, I have tried (and failed) at several projects.
Finding my footing in this new, uncertain, often lonely world of online business can be challenging. Especially when work was so deeply tied to my identity.
I’m definitely not on solid footing in this new world of work.
Since I left my job, the world has changed. At least my world has changed.
Collectively, we’re getting through a pandemic. …
As a blogger, I find a ton of content dedicated to creating, growing, and maintaining your blog or platform. A lot of it useful, much of it is repetitive. But it’s addicting to keep reading it because you feel like you’re missing a magic key or golden nugget that everyone else seems to have figured out.
Stepping back, if I had to summarize all the advice I’ve ever seen, there are really just three key activities that any blogger or content creator really needs to master and focus on consistently.
Any other advice you see will be a tactic that…
When I last worked at a corporate job, I really thought I wasn’t built for a corporate gig because I hated routine.
It was a desk job where I was expected to show up at the same time every day, do the same things every month. That routine was exhausting!
These were my feelings about my work routine: boredom, captivity, limitation. It was keeping me from doing what I loved.
One day, I had the bright idea to try and find a way to enjoy my mornings. After all, that's what all successful executives seem to have in common —…