Karan is a bestselling novelist who loves to write. But his books don’t earn enough to pay the bills, so he has to work a full-time corporate job. With work and family taking up most of his time, it looked as though Karan would have to give up writing.“I couldn’t write all weekend anymore, and with our family’s expenses increasing, I couldn’t quit my corporate day job either. I had
Matteo Manferdini is an experienced iOS developer. As a freelance consultant, he realized many people lack the knowledge he has about creating great apps.“Most material online is about useless tactics like App Store optimization or running Facebook ads. It pained me. I’ve always been a natural teacher, so I saw this as a chance to show people the light.”He founded Pure Creek to take newbies through the entire process of creating iOS
In 1975, John Bogle, the founder of Vanguard, introduced the world’s first index fund. These simple funds buy stocks and match the market (more precisely, to match an “index” of the market, such as the S&P 500), versus the traditional mutual fund, which employs an expensive staff of “experts” who try to predict which stocks will perform well, trade frequently, incur taxes in the process, and charge you fees. In
Paula is an Emmy Award winning television producer for health segments on Fox News. Her job required her to always meet deadlines and be on top of things.“Being a television producer, you have to be super organized. TV segments are always running. At any given moment, you have to know what’s coming up next and the exact deliverables to make it happen. Lists are key. I use them all the
When I want to sound smart and intimidate people, I calmly look at them, chew on a muffin for a few seconds, and then throw it against a wall and scream, “DO YOU DOLLAR-COST AVERAGE???” People are often so impressed that they slowly inch away, then whisper to people around them. I can only guess that they’re discussing how suave and knowledgeable I am.Anyway, “dollar-cost averaging” is a phrase that
Bushra is a Pakistani expat in Saudi Arabia with 2 children. Already earning 6 figures as a consultant, she wanted to make money with a business that gave her more freedom and flexibility.She followed every step in Zero to Launch — from finding an idea to launching her first online product — to create a side business in a brand new field.Bushra earns twice as much from her part-time online business than
Whether you’re just arriving here directly from Index Funds or you’ve read through the basics of investing and decided you want to take the easy way after all, no problem—target date funds are the easiest investment choice you’ll ever need to make.Target date funds are my favorite investment of all because they embody the 85 Percent Solution: not exactly perfect, but easy enough for anyone to get started—and they work
We’ve all heard stories about investors who consistently beat the market. There are books about them, conferences dedicated to them, and YouTube videos made about them. It’s no secret that there are investors out there who have beaten the market consistently for years. But what we don’t know is how they do it: What stocks do they invest in? How much risk do they take?Warren Buffett, for example, has produced
Life isn’t just about target date funds and index funds. Lots of people understand that, logically, they should create a well-diversified portfolio of low-cost funds. But they also want to have fun investing. If you feel this way, sure, use a small part of your portfolio for “high risk” investing—but treat it as fun money, not as money you need.I set aside about 10 percent of my portfolio for fun
Let’s be honest. Nobody really loves managing their money. I’d rather be using my money, like by taking a food tour in Tokyo or a weekend ski trip with friends. Basically, I’m always on the lookout for ways to spend less time and get better results. I’ve taken pains to research investments that don’t take lots of time to maintain and also pay off. That’s why I urge you to
