Tag Archives: investing

Mint, Anyone?

A guest blog by Jenny Hollingworth

(photo:Jing a Ling)

If I were leaving for college next week (and oh how I wish I were!) how much better my student money, or lack of it, might be managed second time around, with the help of Mint.com.

Hip 19-year-olds are already talking about it, alongside Facebook and Twitter and all the other must-have-at-my-fingertips websites and apps. (The site now has 4 million users.) Ten minutes spent tapping your information into the Mint.com website, and you can have instant access to the state of your finances. All at once, you can see how much you have in the bank, how much you owe, how much you’re over budget already, and why you really should spend what’s left on textbooks rather than iTunes.

But now that I’ve grown into the kind of person who pays her bills on time and reliably remembers to call her mother, can Mint really be trusted? And what can it do for me? Continue reading

Is Dave Ramsey’s Optimistic Investing Advice Irresponsible, or Motivating?

Dave Ramsey is a well-known author and media personality famous for his focus on saving and getting your financial house in order. His books have hit The New York Times’ bestseller list and 137,000 people follow his radio show’s Twitter feed.

Praise seems to be universal when it comes to his advice on how to pay down debt and save. But his ideas about investing are far less popular with some, who argue they are irresponsibly optimistic. Why does he set hopes so high?  Continue reading

Why Investing in Stocks in the Headlines Is Not a Good Idea

Don't Invest in Stocks Making HeadlinesBehavioral finance research has shown that individual investors too often invest in  stocks that are in the news, and that those stocks then lose money.  A recent story in the New York Times illustrates why this may become an even less successful stock investing strategy: program traders are beating average investors to the punch. Continue reading

New Year’s Investing Resolutions

Well it’s that time of year again. That moment when we promise to start afresh and finally do the things we ought to do.

Grab that momentum/optimism/guilt and start your financial year on good footing.

To help, we reached out to some of the experts who’ve shared their insights with Portfolioist in 2010 and asked them a simple question: What would be the very best New Year’s resolution an investor could make moving into 2011? Continue reading

The Many Errors Investors Make, and a Few Fixes

Behavioral Finance expert Meir Statman teaches finance at Santa Clara University, and he seems to have packed several courses worth of work into his new book, What Investors Really Want. With a droll sense of humor and a skill for drawing parallels between financial behavior and how we act in the rest of our lives, Statman manages to make his brand of finance a surprisingly fun read. Continue reading