3 Reason You Should Start an Investment Club

investment club
If you and your friends have thought about pooling your resources to create an investment club, then you should go for it. I’ve considered the idea but have, regretfully, failed to execute. Maybe it’s because I didn’t fully understand all of the benefits. Here are three reasons you should start your investment club. Share the Wealth and the Risk To begin with, you have access to...
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Will Commission-Free Trades Change Investing?

Charles Schwab, TD Ameritrade, and now Etrade have all demolished trade fees for purchasing and selling stocks. Now that they are commission-free, will this change how consumers invest? Should Robinhood be concerned? Matter of Time? Robinhood was the first investment firm I heard of that had no transaction fees. I quickly signed up in 2015 and told everyone I knew that it was the way to go if you were...
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How to Recession-Proof Your Finances

recession-proof
If you think you can’t recession-proof your finances, then think again. The signs are all there of a looming economic downturn, but you can protect yourself. The key is to start now. What is Your Starting Point? First, you need to review your financial situation. Review all of your accounts, even those you thought you closed but didn’t. Write down your payments, their due dates, and their...
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Fact Check Finance: Wait to Invest Until You Pay Off Your Debt

invest after you pay debt
Dave Ramsey recommends that you wait to invest until after all of your consumer debt is paid off except for your mortgage. I understand the logic, but I don’t think it is a one-size-fits-all solution. Wait to Invest? Dave Ramsey has a financial freedom program that includes baby steps. Investing 15% of your income for retirement is baby step number four, after a small emergency fund, paying...
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