These days online banks have become more and more popular particularly with the millennial generation. I LOVE online banks; they're much more flexible than traditional banks, offer some pretty great benefits, and are a cinch to use. My first experience with an online bank was by mistake, but I quickly became in love with the concept. In my view, there are many reasons why you … [Read more...]
3 Great Investing Books You Need To Read
I'll be the first to admit that I don't read as much as I should. However, it's something I've been trying to reverse. Reading is a great way to improve your life because it allows you to pick someone else's brain. A good $10 - $15 book will often have $1,000+ worth of good advice. In college, I became enamored with investing after reading the Intelligent Investor. Since then … [Read more...]
7 Big Money Mistakes To Avoid In Your 20s
Your 20s are an interesting decade for most people. Many graduate from college, get a first job, date a little, and maybe even get married. That's a lot of important financial changes in a decade! Maybe that's why it is so easy to make big money mistakes when you're so young. I'm in my mid 20s now and I have made plenty of mistakes that still make me cringe. However, I have … [Read more...]
4 Reasons To Never Day Trade
A lot of young people get caught up in the sexiness of day trading. I can see the appeal: it's faced paced, adrenaline pumping, and "cool". Some may even make a quick buck due to beginner's luck. However, in the end, most people end up losing money. That's why I think it is a good idea to never day trade. Day Trading vs. Investing Day trading differs greatly from investing. … [Read more...]
Why You Should Attend An Annual Shareholder’s Meeting
90% of shareholders will never attend an annual shareholder's meeting in their life. Yet, I firmly believe there are great benefits to attending an annual meeting. You get to travel, meet with the stewards of your capital, and even network around with successful people. I have had a ton of fun going to these meetings over the past few years and hopefully some of you will as … [Read more...]