Investing Blog

When it comes to investing, choosing where to invest is often the first and most crucial choice you make (which is why we created this guide to finding the best online brokers from 2020!).

Choose correctly, and you’ll be in a great spot to pick from a wide variety of low-cost funds and make trades for free. Choose poorly, and your investment options will be limited, and your fees will be high.

Online brokers come in all shapes and sizes, but the three things I looked for in a broker in 2020 were:

1. Low fees
2. Wide variety of low-cost index funds and ETFs (for you non-stock traders out there)
3. Ease of use

Below we’ll break down some of the best brokers out there and score them on the three criteria above. This way, you can make a smart personal finance decision and choose the best online broker for you.

First, here’s a quick primer on what makes an online broker (you experts can skip ahead).

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There are thousands of different ways to invest these days and almost just as many types of investment platforms. Three of the most popular platforms to invest through are traditional investment brokers, micro-investing apps, and robo-advisors. Each one offers different benefits, and I decided to review three of the leaders within their respective platforms to uncover the differences: Acorns vs Robinhood vs Betterment.

In general, the three investment platforms specialize in different areas of investing:

• Micro-Investing: Acorns
• Traditional Investing: Robinhood
• Robo-Advisor: Betterment

Below I’ll give a comprehensive review of Acorns, Robinhood, and Betterment, as well as compare and contrast the differences between these leading investment platforms.

[Read more…] about Acorns vs Robinhood vs Betterment: Which Investment Platform is Best?

Learning how to invest in the S&P 500 got a lot easier after 1976.

That is the year that John Bogle, founder of Vanguard, created the first index fund. This new type of investment fund allowed everyday investors, like you and me, to invest in indices (such as the S&P 500 and Dow Jones Industrial Average) with just one purchase.

Without index funds, if you wanted to invest in the S&P 500, you’d either have to buy each stock individually through 500 separate transactions or pay a mutual fund manager too much money to try to recreate the index themselves.

Index funds enable people to invest in the S&P 500 with just one purchase, and for a very low cost.

[Read more…] about How to Invest in the S&P 500 and Build a Single Fund Portfolio

Free investing apps have taken the world by storm since Robinhood launched in 2013. It’s hard to remember, but free trading was largely unheard of back then, and Robinhood was a pioneer. However, since 2013, multiple new apps have launched, which I why I decided to do a comprehensive review of three of the biggest players: Webull vs Robinhood vs M1 Finance.

These investment apps largely cater to millennial investors thanks to their sleek trading platforms and low fees. Though, when diving deeper into Webull, Robinhood, and M1 Finance I found benefits that I wasn’t necessarily expecting, such as:

• The ability to trade in low-cost exchange traded funds (ETFs)
• In-depth analysis and trading tools
• New investing strategies: Pie Investing

There are some major differences between the apps, as well. Below you’ll learn more about the details of Webull vs Robinhood vs M1 Finance to determine which is the best free investing app for you.

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Everyone wants to find the best investments – that’s a natural thing to want.

However, finding the best investments isn’t exactly easy or straight forward.

Are we looking for the best investments for the long term? The best investments right now or for the next couple of years? What’s the risk of either of these choices?

We’ll explore all of those questions, and more, in today’s post.

[Read more…] about List of Alternative Investments: What Are Your Options