investment portfolio

Becoming wealthy is not easy. It takes hard work, a sound strategy, and continued perseverance.  Moreover, becoming wealthy means taking action versus looking for good things to happen to you or looking elsewhere for opportunity. While there are a number of reasons or challenges to individuals becoming wealthy, in this post, I’m going to walk [...]

Not everyone has the time or inclination to master the subject of personal finance. Luckily, it is not always necessary to master it. In the same way you can hire an electrician without understanding the inner workings of home wiring, you can hire a financial advisor to get your money in order. There are all [...]

As a CPA, I’ve done several tax returns over the years. One thing I got to see when calculating capital gains and losses was what type of investments people were into. I saw a lot of portfolios made up of 5 to 10 single stocks. It shocked me that so many people were putting a [...]

With such a wide variety of investment products available, it can be confusing to know what exactly to invest in — even with easy-to-manage investments like mutual funds.  Investors have a huge range of styles — from conservative to aggressive, and everything in between.  Of course when trying to pick mutual funds, an investor wants [...]

Since exchange-traded funds (ETFs) were launched more than a decade ago, the trend in investing has been towards low-cost investing. People are shunning investments which charge an arm and a leg to do something many people feel they could do more easily and cost-effectively. This is the result of increased competition in the investment world [...]

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. [...]

A common lesson from a children’s story book has become one of the guiding principles for investing: “Don’t put all your eggs in one basket.” But lately, I’ve come across a few articles where people are questioning the wisdom of diversification. Today, we are going to ask the question – could you make more money [...]

Financial independence is a term typically used to describe a state where you have sufficient assets to live a certain lifestyle indefinitely without having to work or be employed.  Whether your income is derived from interest on savings, investment income, real estate income or something else, it really doesn’t matter.  The key is that you’re [...]

Seems these days everyone has an opinion on how to make money in the stock market. Only now it’s not just the stock market, there is options, foreign exchange, commodities and bonds. And it’s no longer just investing or trading. There’s swing trading, position trading, income investing and dividend investing. Yet I’ve barely scratched the [...]

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 [...]