The Ultimate Beginner’s Guide to Index Funds, Mutual Funds, and ETFs

If you were to jump into a Canadian lake in January, I bet you’d feel some sort of shock to your system. If you’ve never done much investing, you’ll feel a similar shock when you start to sort through all the investing options. In fact, beginning investors often use phrases like -  overwhelmed, so many choices, and I don’t know what to do. Don’t expect me to tell you what to do, but I do … [Read more...]

Stock Speculating Strategies You Should Avoid

Just because you have money in the stock market, that doesn't make you an investor as defined by Benjamin Graham. Graham made an important distinction between an investor and a speculator. In a prior post, we looked at the traits of an actual investor. Basically, an investor looks for safety of principal and an adequate return. A speculator in everybody else. Although speculating isn't … [Read more...]

How to Find an Online Discount Stock Broker

Several years ago I fired my financial advisor. I started subscribing to the Sound Mind Investing Newsletter (SMI) to us as an investing resource.  SMI provides some guidance, and I take care of your own investments.  I immediately started to look for the best online stock broker.  After you learn how to start investing and what you want to invest in, your next most important question is how do I … [Read more...]