Today we’re going to discuss the most expensive stock on the stock market. But we’ll also cover the rest of the top five most expensive stocks. And we’ll ask the question, “In a market full of various metrics, how should we define ‘expensive?’”[Read more…] about What is the Most Expensive Stock?
Dave Ramsey is a personal finance expert and is most well known for his 7 baby steps to help you get out of debt and take control of your money. While these steps have helped millions of people, they are not perfect. Below I’ll walk through the pros and cons of Dave Ramsey’s Baby Steps and provide some alternative options along the way.
Before diving in, I want to put on the record that I agree with most of what Dave Ramsey has to say when it comes to personal finance, and I think he’s helped a ton of people throughout his career. I even included his book, The Total Money Makeover, in my list of the best budgeting books.
Getting out of debt, investing for retirement, and having a handle on your finances are all great things, and all are things that Ramsey recommends.[Read more…] about Dave Ramsey Baby Steps: Breaking Down the Pros and Cons
Protection against loss is critical for everything you do, including running your own business or earning money from a side hustle. The primary tool for mitigating business risks, such as those described by Your Money Geek, is property and casualty insurance.
There are many insurance policies within the property and casualty insurance realm, each with its own vocabulary. Understanding the different types of property and casualty insurance can limit the number of many causes of catastrophic financial loss. In particular, you will want to know which ones apply to your business or side hustle.[Read more…] about Ultimate Guide to Property and Casualty Insurance
Health savings account rules are easy to follow. On top of that, they are one of the most underrated investment accounts available.
They’ve been around since 2003 and come with a lot of awesome benefits. The biggest perk is being able to contribute pre-tax dollars and have it grow tax-free. We’ll detail more of the benefits further below – there’s a lot of them.
A health savings account also comes with rules you need to follow in order to use them. Any tax-advantaged account, of course, has a string of rules attached to it.
Before diving too far into the various health savings account rules, we’ll start with a basic overview of health savings accounts. There are a lot of ways to optimize your health savings account, but the best thing you can do for now is to start using it.[Read more…] about Health Savings Account Rules: What to Know in 2021
Robo-advisors have been gaining popularity since their inception a few years ago. Today, we’ll compare three of the best robo-advisors available: M1 Finance vs Betterment vs Vanguard.
- M1 Finance: The hybrid model.
- Betterment: The original, full-service robo.
- Vanguard: An essentials-only offering.
As a quick reminder, a robo-advisor is a type of investment platform that uses algorithms and automation to manage your investments.[Read more…] about M1 Finance vs Betterment vs Vanguard: Robo-Advisor Comparison