Steadfast Finances - A Personal Finance & Investing 101 blog that delves into current events, consumer education, and techniques to improve your bottom line.
1 April 2015

Why Index Funds are Bad Investments

The entire personal finance blogosphere is in love with index funds, and I’m here to tell you why they’re bad for your investment portfolio. This should go over well.  Black sheep anyone? I realize this thesis will not be a popular one, but from my perspective as an active investor and stock picker, I’m here […]

30 March 2015

Discussing Retirement with Parents: Is a Comfortable Retirement No Longer an Option?

Yesterday, I had one of the most unpleasant conversations I’ve ever had on the subject of money. I had to tell a close friend of my family that, in all likelihood, he has not saved enough money for his retirement. This is a man I’ve known since I was a kid.  The same man who […]

12 March 2015

Visualizing How the Things You Own, End Up Owning You

Due to the popularity of the visualizing how your stuff owns you post from several weeks ago, I thought it would be beneficial if I documented exactly how I use a simple monthly calendar and a few personal finance metrics to visually represent how many hours, days, even weeks, I had to work in order […]

9 February 2015

The Law of Diminishing Returns and Why it Doesn’t Pay to Obsess

 Productivity Tips         No comments

I have a confession to make; I like to obsess about things. Whether it is collecting, making money or hobbies like blogging; I tend to take things to the extreme. According to economics, obsession does not pay good returns.

13 September 2013

Has The Stock Market Gone Parabolic?

 Market Themes         3 comments

As an experienced investor, I’m starting to get nervous about the direction of the stock market! You see, to my non-professional albeit experienced eyes, the market is starting to look a bit parabolic in nature. This is worrisome for me, although I still sleep fine at night. At least it’s taking a breather lately by […]

28 March 2013

Making Plans for Retirement

 Personal Finance         1 comment

If you are planning to retire within the next few years, it is important that you make plans for your retirement. Having a set plan ahead of time will help you out in the long run, especially because if you do not have many saved and things prepared, you may end up struggling to keep up with the cost of living upon retiring from the workforce. There are many ways for you to begin planning for your retirement, and remember that the sooner you start to save money, the more money you will have in the future when you need it the most.

4 March 2013

Six More Tips to Put You on the Road to Riches

 Personal Finance         4 comments

Benjamin Franklin, one of America’s greatest minds, wrote what can be best described as America’s first book on personal finance: “The Way to Wealth.” Many argue that it is the best book ever written on personal finance, and I agree that it contains priceless wisdom on the subject. One of my favorite quotes is, “If you would know the value of money, go and try to borrow some.” Therefore, it is with a great deal of modesty that I offer you six more tips on building wealth.

2 March 2013

Ways to Ruin Your Finances

 Personal Finance         1 comment

No one is perfect with managing their money, but some people are worse than others. In my days, I’ve seen some pretty stupid stuff. I’m not saying that I don’t expect people to make mistakes, but there’s a difference between learning from your mistakes and not. If you are looking to improve your financial situation, […]

25 February 2013

Top 3 Mistakes that Will Destroy Your Credit

If you have never learned about credit, however, you are certainly not aware of how your actions today can affect you tomorrow. You may not know anything is wrong until you go to buy a car or a home and find that you are rejected because of a low credit rating. Don’t let this happen to you. By avoiding these mistakes in your teens and early adulthood, you can establish a solid credit history as an adult.

25 February 2013

Signs of Healthy Finances

 Personal Finance         No comments

I was talking with a friend of mine and he was telling me all about how he is struggling with his finances. As he told me the many details of his finances, it became clear to me that he didn’t realize that he was in trouble long ago. If he had corrected some of his […]

18 February 2013

Mutual Funds: What Are They? Are They Safe? How Do I Choose?

 Investing 101         No comments

I want to provide you an overview to help you decide if mutual funds merit further investigation as an investment option for your portfolio by addressing the following questions: What are mutual funds? Are mutual funds a good investment vehicle? How safe is this type of investment? How do I choose a mutual fund company?

11 February 2013

3 Step Easy Debt Reduction Diet

 Personal Finance         No comments

Warning! Stop looking for the EASY BUTTON! It ain’t there because there is no such quick fix. The reality is that debt reduction requires a serious and dedicated effort over time. Unless, you are consider the big B, bankruptcy, that is. Even then, that is definitely not an easy or desirable choice.

 Page 2 of 60 « 1  2  3  4  5 » ...  Last » 
Powered by Wordpress    |     |     |     |