I've been reallocating my investments in my Roth IRA over the last few days working under one simple principle: Would I buy it today at the current price? It was easy to sell stuff that had gone up and I thought was currently overvalued. For example, I was up about 10% on Las Vegas Sands (LVS). I don't think the
The other day I was lamenting the fact that I can't get any better than a 1.1% return on a CD, which means there's no point to even consider tying up my money for such a low rate of return. It makes it so hard to save money when the interest rate you can get at a bank is lower
As you probably know by now I'm very worried about the growing American Government bubble and I believe that investing in dividend paying companies in countries with a trade surplus is the safest way to put money in the stock market. But the stock market isn't the only place to invest. If you want to ensure your money retains it
If you believe conventional wisdom (the same "wisdom" that didn't predict the housing bubble bursting or the Great Recession) then some of the safest places to put your money are savings accounts, US Savings Bonds, CD, Treasury Bills or Treasury Bonds. The problem with conventional wisdom is that all these investments are only safe if the dollar is safe. If
This is the first of a four-part series where I'm going to make some pretty unconventional investment recommendations. Today I'm going to tell you the "problem" and during the rest of the week I'm going to tell you how I think you can make money off the problem. I believe this is one of the scariest economic times in recent
For those of you stock market investors out there, what is the most important thing you look for when trying to identify an online brokerage account? In my mind there's only two ways for an online stock trading service to differentiate themselves from the rest of the pack: they need to offer cheap trades (most important) and they need to
Recently I have decided to diversify my investments by opening an account with Lending Club where I'm currently getting over a 13% return on my investments. I live in Texas so I'm not legally allowed to originate loans. The only way I can use Lending Club is to buy loans that other people don't want. This is obviously frustrating and
I paid off $33,850 of student loan debt in just over four years. Here's Part 2 of how I did it. My first step in paying off my student loans was to spend $500 a month paying off one high interest student loan that I transferred to a 0% APR credit card. This was in addition to paying $300 a
The Roth IRA is a pretty awesome way to save money for retirement. I've written about it before. I've made a video explaining it. I even composed and performed a love song to Roth IRAs. But even as a self-professed lover of Roth IRAs, I got stumped from a twitter question I got last night from Michael Zook: @kevin_is_money can
You might remember my stock market experiment that I started in the beginning of the year. Basically I am pitting a bunch of amateur stock pickers and arbitrary groups of stocks against the S&P 500, investment experts, and a top mutual fund using my trading platform of choice. The last update I did after 3 months showed the "Worst in
