Kapitall Makes Stock Trading Look Pretty

By |June 27th, 2012|Categories: Blog, Personal Finance Tips|Tags: |

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

How To Trade Lending Club Notes on FOLIOfn

By |June 26th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

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

Make Minimum Payments and Invest for Higher Returns

By |June 20th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

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

Roth IRA Contribution Limits for Married People

By |June 6th, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

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

Just When You Thought You Knew Something About Investing

By |May 31st, 2012|Categories: Blog, Personal Finance Tips|Tags: , |

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

Stock Market Experiment Results – 3 Months

By |April 17th, 2012|Categories: Blog, Personal Finance Tips|Tags: , , |

At the beginning of the year I decided to do a stock market experiment to see if randomly picking stocks is better or worse than expert picks. And to make it more interesting, I added a few more "funds" like a collection of stocks picked by personal finance bloggers, some I personally picked for Tag, and more. Now that it's