We Make Investing Easy
In 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!
We’ll dive further into what an expense ratio is and why it’s important to take into account when choosing index funds. But first, our disclaimer:
[Read more…] about What is an Expense Ratio and Why it’s ImportantIndex investing is a great strategy for beginners. It takes the complexity out of stock picking because you are buying the overall stock (or bond) market, not individual stocks. It guarantees your returns will be similar to the market you are looking to mirror (i.e., the S&P 500).
Many expert investors, like Warren Buffett, agree with and promote index investing. As Buffett told CNBC, “Consistently buy an S&P 500 low-cost index fund… I think it’s the thing that makes the most sense practically all of the time.”
Oh, and that was after Buffett won a $1 million bet against a hedge fund. He won that bet by beating the returns of the hedge fund over a ten year period by investing in, you guessed it, an index fund.
We’ll provide more details on why index investing works and how to get started, but first, what even is index investing?
[Read more…] about What is Index Investing: A Beginner’s GuideA checking account vs savings account both have unique benefits, and should not not be thought of as the same thing – just another bank account.
I know, largely, they are similar – a FDIC insured location to store your hard earned money. Though, you are making life harder if you do not use the accounts for their intended purpose.
We’ll dive into the differences and uses of a checking account vs savings account below, but first some basic definitions are in order.
[Read more…] about Checking Account vs Savings Account: How to Use Each One EfficientlyIf you have no idea how much to invest or save to reach your goals, don’t worry, you’re not alone.
Well, maybe worry a little, because if you don’t know how much you should be investing, chances are it’s not enough. The last thing you want is to wake up in 30 years and realize your another 30 years away from retiring!
Let’s have that wake up call be now, if necessary.
[Read more…] about How Much to Invest to Reach Your Goals