5 Essential Investment Tasks To Complete This Month
Investing works best if you set it and forget it. However, at least once a year every investor should set aside some time to review their investment activities from the previous year. February is a great time to do this investment review because if you wait too long you’ll find yourself in the thick of [...]
Introduction to Options, Puts, and Calls
Over the past few years, options trading have become more mainstream with many discount brokers advertising options trading along with other investments such as mutual funds, stocks and bonds. There are even online discount brokers with the word “options” in their names — e.g., OptionsXpress and OptionsHouse. But what exactly are options? An option is [...]
Best Investment Brokerage For Mutual Fund Investing, 2010
As mentioned in my other articles, there is no definitive answer for who is the best discount broker. The best discount broker for you may not be the best for others — it really depends on your investment style and needs. My previous list of discount brokers focuses on brokerage firms for active traders who [...]
401k Rollover To IRA: What is it and how does it work?
When you are leaving a job where you have contributed to a 401k plan, you have three options: cash out your 401k, keep it in your current plan, or move it to another qualified retirement account. A qualified retirement account could be your new employer’s 401k plan, a Traditional IRA, or a Roth IRA. The [...]
Which Discount Broker Is Best?
There are so many discount brokers, but which one is best? This is a common question among investors. But there is no right answer because it really depends on your investing style and other considerations. On this blog, you can find a list of best discount stock broker sorted by price. This is great if [...]
Money Hacks Carnival #76 – The Fun Money Facts Edition
Welcome to the 76th edition of Money Hacks Carnival. In this edition, I’ll be presenting some interesting and fun facts about money along with the submissions. For editor’s picks, please look for entries noted with (EP).
Money Fact #1: $1 bills wear out in about 17 months. Bills of larger denomination last longer because they are [...]
Best Discount Brokers For Cheap Online Stock Trades, 2009
The following is a list of top discount brokers focused on cheap online stock trading for active traders. It is sorted from the lowest commission cost to the highest. Recommended brokers are selected based on users’ votes and reviews. In addition, special offers and features for these discount brokers are listed to help you decide. [...]
How Much Is 1% Really?
On occasions when I discuss interest rates or investments expenses, I get comments saying that rate chasing is not worth it. To show you that rate chasing is worth it, I am going to show you some math. One percent may not seems like much, but given enough time, 1% is much bigger than you [...]
I received an email from Zecco over the weekend stating that they are changing their free online stock trading policy effective March 1, 2009. In case you don’t know who Zecco is, it’s an online discount broker that’s famous for offering its customers cheap online stock trading (at $4.50 per trade), and free trades if [...]
Wall Street Survivor: Free Fantasy Stock Trading, Real Prizes
I stumbled upon a site today called, Wall Street Survivor. The premise seems to be the same as UpDown, but it looks like you could potentially earn more money since Wall Street Survivor touts $250,000 in prizes. I am not a trader by nature, but if there’s an opportunity to earn money without risk — [...]
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.60% |
| High Yield Checking Accounts | 1.46% |
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 12 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |