We Make Investing Easy
It’s financial literacy month, so this post is focused on something all consumers should know: How are credit scores calculated?
Banks and lenders use credit scores to see how reliable consumers (people like you and me) are and to understand the likelihood that they will pay back a loan.
A good credit score = a reliable consumer.
A bad credit score = a risky consumer.
[Read more…] about How Are Credit Scores Calculated: A Beginner’s GuideThere is some debate on whether equal-weight index funds perform better than their counterpart – market capitalization-weighted (cap-weighted) index funds.
Cap-weighted index funds are the more popular and more widely available option. Likely, if you’re invested in an index fund, its a cap-weighted fund.
[Read more…] about Equal Weight Index funds OverviewPart of learning how to index invest is knowing where to buy index funds. Not all online brokerage accounts are created equal when it comes to buying index funds and ETFs.
Some online brokers offer rock bottom fees and a wide variety of index funds to choose from. Others charge you for every trade and don’t offer index funds with low expense ratios. Choosing the right one can save you hundreds, if not thousands of dollars ever year.
[Read more…] about Where to Buy Index Funds: The Best Online Brokers for Index InvestingIn this article, we’re providing a comprehensive and free rent vs buy calculator to help you answer one of the most basic (and biggest) budgeting decisions: should you rent or buy a house?
Of course, this calculator also applies to apartments, condos, and any other place you can buy or rent (to live in).
If you want to dive right in, the rent vs buy calculator can be downloaded by entering your email below.
[Read more…] about Free Rent vs Buy Calculator: Should You Rent or Buy a House?An expense ratio affects everything from exchange traded funds (ETFs) to mutual funds. It’s important to keep expense ratios as low as possible, as a high expense ratio can cost you hundreds of thousands of dollars over the long term.
An Index investing strategy can quickly get derailed if you do not keep costs low. With a high expense ratio, your portfolio is no longer getting the return of the overall market, it’s getting less!
[Read more…] about What is an Expense Ratio and Why it’s Important