Tag: blog
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Moneybee Show Beginners How to Invest in a 401K!
What I love about this video is that it combines multiple complex topics into easily digestible bits of information! In under 10 minutes, Moneybee teaches beginners how to login to a 401K account, the default investment structure for many accounts, the pros and cons of different investment strategies, how to select and adjust investments, how
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How to Profit From Your Bad Luck / U.S. News Savings Games!
I love turning my “bad luck” into profit! Recently I had an idea. What if I added a certain amount of money to my savings/brokerage account every time something “unlucky” happened? For example, I feel unlucky when I have to go outside in stormy weather. If I added an extra $5 to my account on
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Finance On The Offense Reviews VTSAX!
The reason I love this video is because of how clearly and simply this fund is explained by Finance on the Offense! VTSAX is one the most popular index funds, but it was surprisingly difficult to find a video that would benefit someone with no prior investment knowledge. Most of the other overviews I watched
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Our Rich Journey Junior Explains Winning Stock Market Strategy!
What I love about the investment video by Rich Journey Junior is how fun and informative it is! The advice is explained by children and is PERFECT for beginners. When searching investment videos for first time investors, so many videos overcomplicate the subject matter. The ones that don’t are often way too long and extremely
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David Bach’s Automatic Millionaire Workbook!
For those of you that don’t know, The Automatic Millionaire Workbook is a book that was created to compliment The Automatic Millionaire by David Bach. The reason I love this book is because it makes you do some digging to figure out what you want out of life and then determine how to make your
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Mastermind Event Celebrates Small Financial Victories!
The reason I love this clip by Mastermind Event is because many small financial victories go overlooked. When researching how to succeed, there are countless sources explaining all the reasons people are not successful. They point out tons of ways to improve, but rarely state the point at which someone is considered a success. Even
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Diamond Edwards Explains What Brokerage Accounts Are!
The reason I love this video by Diamond Edwards is because it covers what brokerage accounts are in easy to understand terms. He discusses the different types of brokers and which ones may benefit certain investment styles. He also compares the differences between brokerage accounts and retirement accounts. The real kicker for me was that
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Joshua Mayo Reviews His Favorite Bank Accounts!
The reason I love this review by Joshua Mayo, is because he illustrates how using savings/checking accounts with low interest rates can prevent you from making money. He not only explains which banks offer the highest interest rates, he also lists their pros/cons and goes over the fine print. Many people don’t realize that different
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Fantastic 401 Retirement Calculator by Bankrate!
The reason I like this calculator is because it gives you and easy way to estimate what your 401k could be worth when you retire. Despite the fact that this is a wonderful resource, it’s not perfect. For example, It does not let you opt to maximize your contributions each year. All and all, it’s