How many mutual funds do you invest in? Do you have several spread out between Roth IRAs, or do you invest in several mutual funds through your company’s 401k retirement plan? Do you know which stocks those funds invest in? You may suffer from mutual fund overlap. You may be surprised to learn that many of these mutual funds overlap. There can be a real danger in mutual fund overlap, and you may not as diversified as you think. What Is Mutual Fund Overlap? When a mutual fund does well, investors pile into the investment. Eventually, you … [Read more...] about Do Your Investments Suffer From Mutual Fund Overlap?
One of the most important things that you have to consider is what your goals are for the money you are saving for your children. Do you want to have more money for them to go to college with? Do you want to be able to help them buy them a car when they are 16 years-old? Do you want to save for your daughter’s wedding? The goal will drive which investment choice that you make. Here are three options for you to consider based on your goals. Three Accounts To Invest For Your Children 529 College Savings Account A 529 College Savings … [Read more...] about Top 3 Investment Accounts to Invest in for Your Children
People email me and ask all the time where they should invest their short-term cash. Because of the stock market’s shaky returns lately or even those who are saving for a goal like a down payment on a home, more people are holding cash in their investment portfolios than ever before. That is the case for young investors too. Young investors are holding more cash than ever before in their investment portfolios instead of putting that money to work in the stock market. So, where should you stash cash in the short term? There are several … [Read more...] about Top 3 Short Term Cash Investments You Should Consider Now!
Betterment is an investing website that tackles the perceived complexity of investing head on. I hear it time and time again from the readers of Money Q&A and even my own family members that they simply are scared to invest because they think that it is too complicated. Betterment works to break down that notion and makes investing a simple process that is goal oriented. While Betterment is essentially a stock brokerage firm, it takes the title to a new level targeting the segment of potential investors that have been sorely lacking … [Read more...] about Betterment Review – An Easy Way To Start Investing
Last week I made a horrible confession. I am a greedy investor, or more importantly, I WAS a greedy investor when it came to my Lending Club account and investing in peer to peer lending loans. But, I have learned the errors of my ways. I love Lending Club and the idea of earning a great rate of return by investing directly in peer to peer loans of people who need funding and may not otherwise receive it. So, I’m not giving up on investing in peer to peer lending through Lending Club. I’m trying to be a better loan picker and evaluator. So, … [Read more...] about Dissecting My Twelve Loans That Defaulted On Lending Club
A recent survey by MFS Investment Management, the nation’s oldest mutual fund company, found that young investors are staying away from the stock market and holding large cash positions. In fact, the survey shows that the youngest investors, those of Generation Y, are actually increasing their cash positions in their nest eggs while shunning the stock market to a large degree. While it can make young investors have a little better feeling when they try and simply protect their principle, far too many young investors have too much of their … [Read more...] about Young Investors Hold Too Much Cash in Their Portfolios