Sometimes I use the phrase "asset allocation" at cocktail parties to sound smart. The host, whose party I am crashing, usually looks at me, surprised, and asks me one question: "How did you get in here?" Then I leave, usually. Anyway, asset allocation is a fancy way of describing where you put your money (e.g., 50% in stocks, 20% ...
I got an email from an investment advisor named Ryan last week. He pointed out that some loaded funds (mutual funds that charge commissions) actually beat index funds. When I wrote All About Mutual Funds, I railed against loaded funds. Here's how the conversation went. (more…)
I'm tired of people saying "time is money." No, it's not--especially not yours. (more…)
Great news! Terri Cullen from the Wall Street Journal interviewed me last week and wrote an article about personal-finance Web sites, including IWillTeachYouToBeRich: (more…)
My Free Insider's Kit will show you how to earn more money
By popular demand...if you want to be updated of new entries on this site, sign up for the free IWillTeachYouToBeRich newsletter. (more…)
Your subscriptions cost way more than you think--especially media subscriptions. Take a look: (more…)