When I first started investing while I was in college, I started off fairly conservatively. While I was working a job through Auburn University's Cooperative Education program, one of my co-workers introduced me to dividend reinvestment plans (DRIPs) where I could buy stocks largely commission free. (This was in the mid-90s when commissions were usually … Continue reading Speculation and Being Able to Sleep
I've gone through the practice of logging my net worth since 2016. I think it's a good way to track your overall progress (and process) over time, and helps to keep you on track with your financial plan. But, this year, a question about my net worth popped into my head. It's a question that … Continue reading Investments Show No Steam
At the end of their recently released book, "How I Invest My Money", where 25 financial professionals wrote short essays outlining how they invest and why, editors/contributors Joshua Brown and Brian Portnoy invited readers to write their own essay outlining how they invest their own money. This post is my version of that essay. Enjoy! … Continue reading Homework: How I Invest My Money
Not all retirement accounts are sponsored by our employers. There are a few reasons that we might consider opening an IRA. In this post, I will go over the 2 main types of IRA accounts, when to consider opening them, what you can invest in, and how to fund your IRA. IRAs...Who Needs Them? While … Continue reading So, You Think You Want an IRA
In my last post, I discussed my process for selecting mutual funds in an employer-sponsored retirement account. Within the context of a 401k or 403b, the options we have for our investment dollars are a well-curated, limited number of options. Once we venture into other types of accounts, we tend to get exposed to a … Continue reading Should I Invest in Individual Stocks?