Too many 20-somethings chase higher incomes with no clear endgame — and spend every penny along the way, entering their 30s with no financial assets to show for it. Make these smart financial moves in your 20s and you’ll find better footing in every area of your life, not just your finances.
Too many high earners confuse income with wealth. But the trappings of wealth are not the same as wealth itself. These 15 common mistakes made by six-figure earners prevent them from accumulating permanent wealth.
Real estate is not only an income-oriented investment, it’s also a less volatile asset class than stocks. Here are ways you can invest in real estate to start diversifying your passive income immediately.
Conventional wisdom says that, over time, stocks outperform nearly every other asset class, but what is their true long-term average return? And how does the average stock investor fare compared to the major indexes? Read on to learn what you can realistically expect from long-term stock investing.
How much is “enough” when it comes to retirement savings? How do you know how much you should be saving, and at what ages, to reach your financial goals? While the answer varies from person to person, some universal rules apply.
Contrary to some beliefs, you don’t need to be rich to benefit from investing. You can start investing small amounts of money and begin building a nest egg that your future self will thank you for. Learn how to start investing with little money using one of these beginner-friendly investment ideas.
If you like physical real estate as an asset class, how can you invest in it using a tax-sheltered retirement account? Enter the self-directed IRA. But beware: Self-directed IRAs come with a slew of special rules and limitations. Learn how to use a self-directed IRA to invest in real estate.
The “financial independence, retire early” (FIRE) movement has many adherents. But there’s a big difference between having enough money to live in a van down by the river and enough money to live the rest of your life in style. Find out the differences between two approaches: lean FIRE and fat FIRE.
It often takes decades for the consequences of your actions to become apparent. Those are decades you can’t get back, and the lost time impacts your lifelong wealth. Learn from the financial mistakes of those who’ve gone before you with these top financial regrets reported by older Americans.
Americans are increasingly on their own for retirement planning. However, you don’t necessarily need to save millions of dollars to have a comfortable retirement. Here are 11 ideas to approach your retirement planning more creatively and ensure you have the income you need in your golden years.
Transaction commissions and expense ratios are on their way down as investors gain more awareness of — and aversion to — the costs of their investments. Here’s how you can eliminate fees and costs from your investment portfolio and keep more of your earnings compounding for you.
Once upon a time, when you reached 65 or so, your colleagues threw a party for you, you ate a slice of store-bought cake, and then you retired and never worked another day. When the average life expectancy was 65, that might have made sense. But if you live until 95, do you really want
