Blog

How to Choose a Bank

June 16, 2019 By Kevin | Just Start Investing

If learning how to invest is lesson 1 in personal finance 101, then learning how to choose a bank is the pre-requisite to that class.

Understanding how to choose a bank is one of the first things you should learn to do as a consumer! But, for some reason, no one really ever shows you the ropes. Or at least, no one showed me.

That ends today!

I blindly chose a bank for myself when the time came to get my first bank account. And I don’t want you to feel as lost as I did when selecting one.

We’ll walk through exactly how to choose the right bank for you. Which is straight forward when you know what to look for.

[Read more…]

What is Diversification?

June 9, 2019 By Kevin | Just Start Investing

Diversification is a buzz word that gets thrown around a lot in the finance world. But does everyone really know what diversification is?

I think most probably know the high level definition: diversification is not putting all your eggs in one basket. It is spreading out your investments across different investment vehicles so that if one part of your portfolio goes down, hopefully others can cover it.

But what about the nitty gritty details of diversification?

Like how you can be diversified across sectors, through different asset classes, and internationally.

Or how to know if you are actually achieving diversification in your portfolio?

That’s what we’ll be diving into in this article. We’ll go a bit more in depth that we usually do, but at the end simplify it down for you so that you can easily take action to build your own diversified portfolio.

[Read more…]

Should You Invest in Company Stock in Your 401(k)?

June 2, 2019 By Kevin | Just Start Investing

This is part two of a two part series on 401(k)s: determining if you should invest in company stock in your 401(k).

If you missed part one, you can find it here. We highlight the five things you should do before maxing out your 401(k).

Maybe we’ll do a part three. Not sure yet… If you have any ideas or questions or 401(k)s then let me know!

Anyway, to the topic at hand.

While in this article we are focusing on whether or not you should invest in your company stock in your 401(k), this is also a broader topic. It includes if you should invest in your company stock at all (in a brokerage account, Roth IRA, through stock options, etc.).

We’ll dive into all of that and more, but first, a quick refresher on 401(k)s. If you’re already a 401(k) expert, you can skip ahead to the next section of the article.

[Read more…]

When (and When Not) to Max Out Your 401(k)

May 20, 2019 By Kevin | Just Start Investing

If you can max out your 401(k) you definitely should, right?

Not always. There are a few things (five, to be specific) you should consider before doing so, and we’ll walk through exactly what they are in the article below.

But first, we’ll highlight what a 401(k) is for those not 100% familiar with this amazing retirement tool.

[Read more…]

How to Calculate Net Worth

May 5, 2019 By Kevin | Just Start Investing

Forbes calculates the personal net worth of the richest businesspeople, celebrities, and athletes for us to clamor over, but few of us actually know how to calculate our own net worth.

That’s a problem for anyone trying to get a grip on their personal finances.

Net worth is arguably the most important financial metric for you to measure every month (or quarter). It’s your financial pulse – it gives a glimpse into how healthy your financial situation is at any given time (and over time).

[Read more…]

Blog

The Latest Blog Posts:

As Featured In:

Follow Us: