Here’s an excerpt from the latest edition of Investing in Your 20s and 30s for Dummies, by Eric Tyson, the author of 18 different personal finance books.
Last week I wrote about how amateur stock picks and even random stock picks have outperformed expert stock picks since January 2012. It is one of the reasons I don't trust the stock market. I realize this is not a popular opinion. Talk to any financial advisor or even your parents or grand parents, and they will tell you that
I used to love the stock market. I loved to research companies and pick new stocks to invest in. I created an entire ETF portfolio for my fiancee's Roth IRA. I even did some very risky options trading. I don't do any of that now. My fiancee and I both cashed out our Roth IRAs for the purchase of our
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
At the beginning of this year I decided to start a little experiment with the stock market. I wanted to see how well some financial experts and the S&P 500 did against the stock picks of complete amateurs, as well as some very risky (or even random) stock choices. I'm tracking nine different "indexes" and if you're really curious to
I've been investing in the stock market for over four years now, and at times it's been downright ugly. The only investing strategy that makes sense to me is buy and hold. Short term investing, even for just one year, seems like a complete crap shoot to me. photo credit: flickr.com/epicharmus/ And since I'm not someone who likes
The first lesson in investing is “only invest in things you know”. Sometimes it is tempting not to follow this advice as the grass always seems greener on the other side. This mistake usually doesn't work in your favor, as you can see by my worst 2011 investment, which did not meet the criteria of “invest only in things you know”.
After some twitter bantering about Taylor Swift with financial uproar, I went to his site and found a post about 2011 stock picks. He likes to pick stocks at the beginning of the year and track them at the end of the year to see if the picks were right. I've been doing some research and found a
For a downloadable MP3, go to the "Downloads" page. Haven't Made A Budget I'm not surprised, my money goes fast I've broken my bank so many times, I stopped keeping track Tried to show off with a brand new TV But we can't even watch it without electricity I tried so very hard to impress her Because I wanted so