Investing Archives

5 Tips for Pitching Investors Remotely in the Time of Coronavirus

The following is a guest post by Rizwan Virk, the author of Startup Myths & Models: What You Won’t Learn in Business School. If you’d like to submit a guest post to Money Q&A, be sure to check out the site’s Guest Posting Guidelines. Now that almost everyone is working from home, startup founders looking to raise money from investors will need to do so remotely. In fact, in-person pitches may now be a thing of the past. As both an individual investor and venture capitalist, I’ve taken a lot of remote pitches since the shelter-in-place order started. My impression is that most entrepreneurs aren’t always putting their best foot forward. Here are five seemingly contradictory tips to keep in mind … Read more

4 Ways to Live Out a Long-Term Financial Strategy

by Hank Coleman

Have you heard the expression, “You spend money as if it’s burning a hole in your pocket?” If so, that probably means there’s room for improvement when thinking about long term financial strategy and plans. If you’re able to make enough money to put food on the table and keep a roof over your head, you should still think seriously about things you can do now so you’ll have more money in the future. 4 Ways to Live Out a Long Term Financial Strategy Set Realistic Money-Saving Goals When people mull over money and the future, their minds often go straight to retirement. Actually though, the future is any time beyond the current moment, so when you consider saving money … Read more

How Sunk Costs Keep You Stuck in Bad Investments

by Hank Coleman

Last fall, I had tickets to an NFL game. It was freezing that day, and all my friends backed out. But I didn’t want to waste the $70 I’d spent on the ticket. So I went to the game and was absolutely miserable. I hate to admit it, but my friends were right. I didn’t even have much vested interest in the teams playing. Nor did I have a good time at the game; I would’ve been much better off just watching it from the comfort of my couch. But I was obsessed with not having wasted the money I spent on the ticket. In hindsight, I know I should have recognized that it was a sunk cost, chalked up … Read more

Is Investing In A Classic Car The Next Investing Craze?

by Hank Coleman

Is Investing in a Classic Car Right for You?

Are classic cars good investments? Is investing in a classic car the next big investing craze? If so, is it right for you? With TV shows about finding, fixing and flipping classic vehicles all the rage right now, it’s no surprise that investors burned by the real estate crash who are looking for a new get-rich-quick scheme are finding this one. Investing in a classic car offers the lure of a hefty potential profit, with a far smaller outlay of capital than a house requires. But is it a good investment — something you should consider to help diversify your investment portfolio? If you’re thinking about investing in a classic car, you don’t want to lose your shirt in the … Read more

The Pros and Cons of Using Robo Advisors to Invest

by Hank Coleman

Have you been waiting to get started in investing because you think it’s confusing? Do you think that too much money is required to start, or financial advisors are too expensive? Have you considered robo advisors? Are robo advisors safe? Investing doesn’t have to be hard. A new investment method called robo advisors has been changing the financial landscape recently. And, it’s something that you may want to consider. What Is a Robo Advisor? A robo advisor is an online wealth management service that provides automated, algorithm-based investment portfolio management advice without the use of human financial planners. They use the same software as traditional advisors, but they usually only offer investment portfolio management. They do not get involved in more personal aspects of financial planning, … Read more

Acorns Review – Invest Your Spare Change Automatically

by Hank Coleman

If you’re looking for simple ways to make money, then investing small amounts into a growth-driven portfolio is one of the best ways to plant the seeds for a successful financial future. This is the key factor behind the personal finance app, Acorns, which is designed to round up any purchases made with your synced cards and deposit that spare change into an investment portfolio. Here is our Acorns review. Acorns Review Whether you’re just getting started in investing or you’ve been looking for new ways to invest beyond your traditional accounts, then Acorns’ easy-to-use app and innovative investment strategy could be the perfect fit for low-income and seasoned investors alike. Here’s what you need to know before signing up: … Read more