DR 041: A Rare Glimpse into Warren Buffett’s Asset Allocation Plan (including the mutual fund he would pick)

Warren Buffett and Charlie Munger

Excerpts from Warren Buffett’s letter to Berkshire Hathaway investors have been released. In the latest excerpt, Buffett talks about investing in mutual funds, of all things. Specifically, in his will he leaves money to his wife in trust. He has provided guidance on how he thinks the trustee should invest these funds. Think he wants […]

Published or Updated: February 26, 2014

DR 039: Mutual Funds vs. ETFs–Does it Really Matter?

how to invest in mutual funds

Following the conclusion of my 31-Day Money Challenge, I’ve had several people email me about the difference between mutual funds and ETFs (exchange traded funds). A quick review of opinions online may lead some to think ETFs are better than mutual funds. There is a lot of information suggesting, for example, that ETFs are less […]

Published or Updated: February 21, 2014

Person to Person Lending Challenge

Borrow or Lend Online

A quick Google search reveals that person to person (p2p) lending and borrowing is all the rage. From the Wall Street Journal to the Huffington Post, the media dissects the p2p industry. The two giants in the field are LendingClub and Prosper, as this chart from the above WSJ article aptly demonstrates: I’ve invested in […]

Published or Updated: April 3, 2014

Me vs. the S&P 500–2013 Edition

Investment Performance - February 2012

With the 31-Day Money Challenge having come to an end, I’m without excuses. Did I or did I not beat the S&P 500 index in 2013 with my stock picks? I’m a big believer in low cost, passive index mutual funds. Most of our investments are in Vanguard and Fidelity index funds that cost between […]

Published or Updated: April 9, 2014

DR 032: Jemstep–an Asset Allocation and Investment Selection Tool

Betterment All Stocks Allocation

This is the twenty-fifth day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we covered how to tell if you are on track to retire. In today’s podcast, I interview Simon Roy of Jemstep, an online asset allocation and investment […]

Published or Updated: July 29, 2014

DR 029: My Investment Portfolio

My Investments in Personal Capital

This is the twenty-second day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we discussed the importance of keeping mutual fund fees as low as possible. In today’s podcast, I share my own asset allocation plan and the investments I’ve […]

Published or Updated: July 29, 2014

DR 028: How and Why to Keep Investing Costs Low

Bank Fees

This is the twenty-first day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we interviewed Stig Nybo about how to become a super saver. In today’s podcast, we look at mutual fund costs, why the matter, and how to keep […]

Published or Updated: July 29, 2014

DR 026: How to Evaluate and Pick Mutual Funds

how to invest in mutual funds

This is the nineteenth day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday we covered how to create an asset allocation plan. In today’s podcast, we’ll look at how you pick mutual funds to implement your asset allocation plan. Sponsors: […]

Published or Updated: July 29, 2014

DR 025: How to Create an Asset Allocation Plan

Asset Allocation

This is the eighteenth day in our 31-Day Money Challenge. Over 31 days we’ll publish 31 podcasts, each designed to help you move closer to financial freedom. Yesterday I interviewed author Larry Swedroe about his book, Think, Act, and Invest Like Warren Buffett. In today’s podcast, we cover how to build an asset allocation plan. […]

Published or Updated: July 29, 2014