Last updated May. 22, 2017 Note. Ally acquired TradeKing in June 2016. The most important things that I look for in an online broker are the following: (1) A proven history of success and expertise (2) Competitive commission costs (3) A simple but powerful trading platform (4) Top-notch research & education (5) Excellent customer service. This is my … Continue reading Ally Invest (Formerly TradeKing) Review: Read Before Opening a Brokerage Account
Last updated May. 21, 2017 Picture this scenario. You have done your homework, you studied the basics of investing and you even passed all the quizzes from the Investment Education Series. You spot an industry that’s growing rapidly, and you’re able to identify the best company within it that has an undervalued stock. It’s now time to … Continue reading Investing for Beginners: How to Start Investing With $100
Last updated Feb. 17, 2017 The advent of the iPhone has revolutionized mobile technology, and along with it, our lives. Don’t miss the chance to take advantage of the iPhone’s power to improve your investing success by downloading these useful apps: 1. Bloomberg. Bloomberg’s app gives more than just fresh and relevant news. You can also … Continue reading Top 10 iPhone Apps for Intelligent Investors
Last updated Feb. 15, 2017 The other day I was looking up some stock market anecdotes and came across the story of the infamous ‘pump-and-dump’ operation in the penny stock Lithium Exploration Group, Inc. (LEXG). Here’s how the chart looks, and following below is a narrative of what happened. LEXG was an obscure mining company and … Continue reading Buying Penny Stocks: The Dos and Don’ts
Last updated Feb. 15, 2017 The cannabis plant is the most commonly used illicit drug in the United States, as it is estimated that over 30 million Americans use the ‘green stuff’ every year. While it has many other names like ganja, weed, herb, Mary Jane, bud, kush, and pot – to name a few … Continue reading These Marijuana Stocks May Elevate Your Portfolio
Last updated Feb. 15, 2017 The finance world is currently in the throes of earnings season—which puts corporate executives the world over under spotlight, as Wall Street eagerly waits to see which execs over and underperform. A disappointing report jeopardizes a leader’s position within a company, a phenomenon evident thus far this season, as several … Continue reading Does a CEO Resignation Affect a Company’s Stock Price?
Last updated Feb. 15, 2017 This article reviews OptionsHouse, an award-winning brokerage that provides a trading platform for bonds, mutual funds, options and stocks. Company OptionsHouse LLC was formed in 2005 by PEAK6 Investments, LP. PEAK6 Investments, LP was founded in 1997 and has its headquarters on the trading floor of the original Chicago Board … Continue reading OptionsHouse Review: Read Before Opening a Brokerage Account
For investors who are looking to diversify their investment portfolio or to minimize the risks inherent with purchasing only one stock, mutual funds have historically been touted as the investment vehicle of choice. Major investment firms such as Vanguard and Fidelity have even made their names by offering a plethora of mutual funds to investors. … Continue reading Why ETFs Should Be Part Of Your Portfolio
The current state and structure of the world economy, as well as its frequent uncertainty, makes the diversification of one’s income a critical component of good personal finance. However, if you are starting from scratch, diversifying your income streams can be very difficult. In this article, we will look at some of the many reasons … Continue reading The Importance of Income Diversification
Unless you invest in an index fund, your mutual fund has a manager who’s paid a fee to decide what to buy and sell. That fee comes out of your money, whether it’s paid as an upfront or back end load, or as part of the expense ratio for the fund. Since those fees reduce … Continue reading Is Your Mutual Fund Manager a Keeper?