How Exchange-Traded Funds (ETFs) Work

What are Exchange-Traded Funds?Although we take it for granted, what stock markets do is actually pretty cool. Say you wake up one day and decide you want to own some of Apple—one of the largest companies on earth. Since Apple is a public company, anyone can buy a part of it. You don’t need to have a friend at Apple, or have any special connections or anything. You just go to an online broker, click buy, and viola, you own part of Apple.

But what if you want to invest in a group of stocks? One way to do it is with an Index fund. (We covered them in this previous post.) They allow you to passively invest in a group of stocks. They’re a great way for beginners to invest in the markets and are regarded as the way most people should invest long term. However, they are not particularly nimble and often have minimum investment amounts in the thousands of dollars. What if you want to passively invest in the markets, but don’t have that kind of money? Or what if you want to do something a little more complicated, a little more interesting? Well, you could look into exchange-traded funds (ETFs). read more…

How Exchange-Traded Funds (ETFs) Work

Although we take it for granted, what stock markets do is actually pretty cool. Say you wake up one day and decide you want to own some of Apple—one of the largest companies on earth. Since Apple is a public company, anyone can buy a part of it. You don’t need to have...

read more

Other Online Shopping Sites Like Amazon

When most people think of online shopping, they think of Amazon. From its humble roots as an online bookstore, Amazon has become the everything store, offering a plethora of items from 45 cent binder clips to $40,000 watches. There are other sites like Amazon,...

read more

A Beginner’s Guide to Index Fund Investing

The best way to invest? Do nothing.  Have you ever dreamed of making money in the stock market? What if I told you there was an easy way to outperform most actively managed investments? Well, here’s the secret: Do nothing. More specifically, put your money in an index...

read more

How to Build an Emergency Fund on a Tight Budget

If you had a $500 emergency, would you be able to cover the bill? If you answered no, you’re not alone. In fact, the average American couldn’t afford a sudden $500 bill. What is the solution? An emergency fund. But here’s the catch: If you’re rich, you probably don’t...

read more

Make Money and Travel With a Working Holiday

We all love travel, but even a brief vacation can be really expensive. But what if there were a way to travel and make money at the same time? Not many people know about it, but there actually is. They’re called working holidays, and they allow you to work in a...

read more

How to Go to College Abroad (and Save Money)

Going to college is about discovery. It is one of the biggest adventures of your life—or at least, it can be. But it’s also one of the most expensive purchases we’ll ever make. All too often students are stuck with crippling debt that makes many other financial goals...

read more

How Exchange-Traded Funds (ETFs) Work

What are Exchange-Traded Funds?Although we take it for granted, what stock markets do is actually pretty cool. Say you wake up one day and decide you want to own some of Apple—one of the largest companies on earth. Since Apple is a public company, anyone can buy a part of it. You don’t need to have a friend at Apple, or have any special connections or anything. You just go to an online broker, click buy, and viola, you own part of Apple.

But what if you want to invest in a group of stocks? One way to do it is with an Index fund. (We covered them in this previous post.) They allow you to passively invest in a group of stocks. They’re a great way for beginners to invest in the markets and are regarded as the way most people should invest long term. However, they are not particularly nimble and often have minimum investment amounts in the thousands of dollars. What if you want to passively invest in the markets, but don’t have that kind of money? Or what if you want to do something a little more complicated, a little more interesting? Well, you could look into exchange-traded funds (ETFs). read more…

How Exchange-Traded Funds (ETFs) Work

Although we take it for granted, what stock markets do is actually pretty cool. Say you wake up one day and decide you want to own some of Apple—one of the largest companies on earth. Since Apple is a public company, anyone can buy a part of it. You don’t need to have...

read more

Other Online Shopping Sites Like Amazon

When most people think of online shopping, they think of Amazon. From its humble roots as an online bookstore, Amazon has become the everything store, offering a plethora of items from 45 cent binder clips to $40,000 watches. There are other sites like Amazon,...

read more

A Beginner’s Guide to Index Fund Investing

The best way to invest? Do nothing.  Have you ever dreamed of making money in the stock market? What if I told you there was an easy way to outperform most actively managed investments? Well, here’s the secret: Do nothing. More specifically, put your money in an index...

read more

How to Build an Emergency Fund on a Tight Budget

If you had a $500 emergency, would you be able to cover the bill? If you answered no, you’re not alone. In fact, the average American couldn’t afford a sudden $500 bill. What is the solution? An emergency fund. But here’s the catch: If you’re rich, you probably don’t...

read more

Make Money and Travel With a Working Holiday

We all love travel, but even a brief vacation can be really expensive. But what if there were a way to travel and make money at the same time? Not many people know about it, but there actually is. They’re called working holidays, and they allow you to work in a...

read more

How to Go to College Abroad (and Save Money)

Going to college is about discovery. It is one of the biggest adventures of your life—or at least, it can be. But it’s also one of the most expensive purchases we’ll ever make. All too often students are stuck with crippling debt that makes many other financial goals...

read more