Wins and Losses Series: Riley from Young and the Invested – “It’s not what you buy, but what you pay”

Wins and Losses Series: Riley from Young and the Invested - "It’s not what you buy, but what you pay"

Hi, Team!   Welcome to another edition of MikedUp Blog’s Wins and Losses Series, where we interview a generous participant about 4 of the best and worst moments of their life. The point? To learn from the past so that we can improve in the future!   If you’re interested in participating in the Wins and Losses Series, please send me a note here (you don’t have to be a blogger to participate!)   (Photo courtesy of MissFunctional Money)   Check out the complete Wins and Losses Series Here   This week we have: Riley from Young and the Invested!   Take it away, Riley!     My name is Riley Adams and I blog at Young and the Invested, a site dedicated to growing an online community for young professionals looking to improve their financial literacy and develop strategies to reach financial independence.  I’m a senior financial analyst at […]

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Shout-out: 10 Steps To Success For New Investors

Shout-out: 10 Steps to Success for New Investors

Hello all!   Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life.   (Photo courtesy of Kevin Newton)   This week’s shout-out is: 10 Steps To Success For New Investors via Personal Finance For Beginners   Click here to check out the post!   I love this post… And that’s partially because of who it comes from. It’s hosted by Personal Finance For Beginners (a great blogger friend of mine), but it was written by Fred of Money With a Purpose. Fred is a financial planner with 30 years of experience, and every one of those years shines through in this post. He’s not just some guy behind a keyboard… He’s been helping families of all […]

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9 Lessons You Need to Teach Your Teenager About Investing

9 Lessons to Teach Your Teenager About Investing #stocks #bonds #passiveincome #kidsinvesting #personalfinance

Hi, Team! Today I have a treat for all of us parents! Sure, you may have covered budgeting or income protection when talking with your kids… But how does your at home “Investing for Kids” curriculum look these days?   If you’ve been wanting some guidance to help educate your teenager about different investing options – look no further. This post is perfect for all of us parents who know we need to have this conversation with our kids – but just don’t have the expertise. And here’s our high-powered backup:   Chelsea Brennan is the founder of Mama Fish Saves, a personal finance blog that focuses on family finance, investing, and reducing money stress. Chelsea is an ex-hedge fund investor whose work has appeared in a wide array of publications, including Forbes, Business Insider, Haven Life, and more.   I’m thrilled that Chelsea agreed to stop by and share some […]

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Diversify your Portfolio (Financial Pillar #9)

How to Diversify Your Portfolio #saving #investing

Check out the complete list of Financial Pillars Here   During the market crash in 2008, I kinda-sorta misplaced $20,000 worth of mutual funds. This represented 66% of my total funds invested in the market at that time.   That was a gut-punch.   Do you know what was worse?   When I lost 66% of my invested money, I also lost 66% of my net worth.   That was a kick in the groin… Followed by a gut-punch and a smack in the face. Then The Rock came by to give me the People’s Elbow… And when I got back up, Chuck Norris stopped by to roundhouse kick me in the face.     Yeah… It was like that…   After dusting myself off and eventually standing back up, I vowed to never let one attack take me down again.   I vowed to diversify my portfolio   Let’s […]

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Shout-out: Mr. Money Mustache (Why bitcoin is stupid)

Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life.   This week’s shout-out is: Mr. Money Mustache’s Why bitcoin is stupid …(and this one is action-packed, let me tell you) Oh, my… If you’ve found yourself hearing about ‘bitcoin,’ ‘blockchain,’ or ‘cryptocurrency,’ but you still don’t understand exactly what this relatively new form of currency is all about… Or if you’re thinking about investing in this new ‘investment’… then this is the article to get you started.   You can probably tell by the title what Mr. Money Mustache’s stance is on the subject but you may or may not know much about the author himself. In my rudimentary opinion, Mr. Money Mustache is […]

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How to make room in your monthly budget for investing if you lack the capital (guest blogger – Andrew)

Hi Team,   Today we’re lucky to have with us Andrew from SlickBucks – where you can find some great posts about investing, saving, and building wealth. In this post, he covers some solid options for investing if you lack the capital. Be sure to let him know what you think in the comments section and check out some other posts he’s written for his site. As always, thanks for being here!   -Mike     If you’re young, broke, or young and broke, you’re probably tired of hearing the maxim “it takes money to make money”. What are the rest of us supposed to do, then? Living paycheck to paycheck isn’t a sustainable way of life, so you need to find investment strategies that will work even if you don’t have much capital. The Mindset: Goals and Saving It’s hard to start investing, but you should start by thinking of what kind of […]

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