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Investment

Investment Strategy

Investment Strategy: Since putting is definitely not a slam dunk as a rule, it is similar as a game – you don't have the foggiest idea about the result until the game has been played and a champ has been announced. Whenever you play practically any kind of game, you have a procedure. Contributing isn't any extraordinary – you need a speculation procedure. A speculation methodology is fundamentally an arrangement for putting your cash in different sorts of ventures that will help you meet...Read More...
Last Reply By Areba khn · First Unread Post

Suggestions on investments?

Jill M
My husband and I have been very careful about saving our money. We currently have a savings account with about 6 months worth of expenses saved up. We also have a 401k through my job that I contribute to and a Roth IRA we don't really contribute to but just let grow, though not a ton in either of those yet. We also currently hold a mortgage and a small car loan, and those are our only two liabilities and we pay extra on those every month. So I'm looking for suggestions on where we could...Read More...
Last Reply By Areba khn · First Unread Post
Hope everyone is having a good week! I have a parenting money question: When do you plan to (or did you) talk to your kids about investing? I grew up in a house where I was taught to save my money, and I’m grateful for that. However, we never really talked about investing. As a result, investing for me has mostly been limited to my 401(k). I recently opened a Robinhood account to invest in an ETF via the dollar-cost average method. (I know a few bucks a week won’t make me rich, but you have...Read More...
Last Reply By Areba khn · First Unread Post

What happens to crypto after you die?

Rachel Christian
Like so many people, I started investing in cryptocurrency during the pandemic. But until very recently, I never considered what happened to this unregulated asset after we die. I did some research on crypto estate planning last week. My big take away? You better have a will if you want to (legally) pass down cryptocurrency to loved ones after you die. Crypto isn’t like a traditional bank account. You can’t designate a beneficiary to receive your digital coins after you pass away, even if...Read More...
Last Reply By Areba khn · First Unread Post

Do Discount/App Brokerages Still Make Sense?

Not to quibble - but having just read this ( https://www.thepennyhoarder.co...ounts/system-rigged/ ) - I think it's worth asking.... Does it still make sense to consider the Stash/Acorns/Robinhood class for small, self-directed brokerage accounts? Once upon a time - as recently as just a few years ago - I think the case was easy... zero/low minimums to open the account... ability to trade buy/trade fractional shares. If you didn't have 5-10k to start with - sure. I'm a pretty conservative...Read More...
Last Reply By irishnanny · First Unread Post

Has anyone used Fundrise or DiversyFund for real estate investing?

I've been thinking about trying one of these 2 funds to dip my toes in real estate investing but I can't find much information (opinions) on people's experiences with them. My financial advisor was "so-so" about them. "Play with them if you want but don't put the bulk of your retirement in them." So I'm hoping that some people here have some experiences to share with these two. Thanks!Read More...
Last Reply By irishnanny · First Unread Post
Small business owners and startup entrepreneurs have a challenging road ahead as they enter the new year. With sudden changes to the U.S. Monetary Policy implemented by the Federal Government at the end of November in 2021, and the surging rate of inflation - these are only a few of the current issues facing upcoming business owners. While millions of Americans are leaving the workforce permanently, with an estimated 4.5 million employees quitting their jobs in November of last year; it’s...Read More...
Last Reply By Daniel Moyanda · First Unread Post

How are you protecting your money against inflation? 

Rachel Christian
Hey there Penny Hoarders! If you haven’t heard, inflation is getting a little crazy. Annual inflation rose by 4.4% in September — the fastest pace in over 30 years. I’m curious to hear what you think about this. Do you anticipate inflation will keep going up or cool off soon? I just finished writing an article (it’ll be online soon) about I bonds from the U.S. government. These bonds are specifically built to protect against inflation and they’re currently offering a 7.12% interest rate if...Read More...
Last Reply By sthom · First Unread Post

How to capitalize from the stock market panic right now.

Elon Must Save
Hi Team, This post is going to be short and straight forward. Because of the panic due to Covid 19 the stock market has plummeted. It recently saw the biggest drop in a single day since 2008. So what to do. The best thing to do is open an investing account. If you have more than $10k then open a Vanguard account and buy the S&P 500 index fund. Its symbol is VOO. If you have less than 10K then sign up for the Robinhood app on iPhone and Android. This is a commission-free platform. Then do...Read More...
Last Reply By Angie P. · First Unread Post

Is there a way to invest but still have immediate access to the money?

Is there a way to safely invest emergency money but still have immediate access to it if needed? I'm currently unemployed and looking for work and I have a small amount in a savings account but I know it's not making any money there but if I need to pay a bill or rent, I can at a moment's notice. Is there a way to put the money in a investment solution where it can make money while sitting but can be used whenever I need to without jumping through hoops or dealing with penalties and fees?Read More...
Last Reply By Charles D. Blanton Jr. · First Unread Post

Investment apps

Tim F.
I have been interested in the investment apps such as Stash, Acorns, and Robinhood. I've been using them for a while now, mostly Stash, and now have more income and would like to get more into investing. Now, I still don't have a bunch of money to invest. Which is why I enjoy Stash with the fractional shares. I like Acorns' of the ease of investment with the funds already picked out. And I like the free trade and ease of trade on Robinhood. I have a 401k through my employer so that is my big...Read More...
Last Reply By GinaH · First Unread Post
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