Get Rich Slowly

If you’re new here, you may want to learn what this site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!If you’re young, you may not think you need to open a retirement account. You probably think it’s easier to worry about it five years from now. Or ten. [...]

Because I thought it would be a great source of material for Get Rich Slowly, last fall I enrolled in a lifetime membership to the American Association of Individual Investors. AAII is a non-profit founded in 1978 to provide individual investors — people like you and me — with tools and knowledge to better approach [...]

“What’s the safest possible thing that I can do with my money?” wonders Afroblanco over at Ask Metafilter:

I take bearishness to an extreme. Having witnessed the 2000 tech crash, I have no faith in the stock market or the US economy. I keep all of my money (USD) in a savings account. However, with [...]

This is a guest post from Kent Thune, The Financial Philosopher, who applies timeless wisdom and inspiration to investing, personal finance, and the economy.
“God grant me the serenity to accept the things I cannot change, courage to change the things I can, and the wisdom to know the difference.” — Reinhold Niebuhr
Recent volatility in the [...]

As you might expect, most of my personal investments are safely tucked away in index funds, those mutual funds designed to track the performance of a particular stock market index. This is a smart way for the average investor to achieve solid growth over the long-term.
However, I continue to hold about 5% of my investment [...]

This is a guest-post from Dylan Ross. Dylan is a Certified Financial Planner and owner of Swan Financial Planning, LLC a registered investment adviser in New Jersey. He is an active commenter at Get Rich Slowly, both on the blog and in the forums.
“Fees are the investor’s enemy,” J.D. recently told me. He’s right. There [...]

When the Federal Reserve cuts short-term interest rates, as it did yesterday, you feel the pinch in your savings account. My ING Direct account, for example, has dropped from 4.50% when I opened it to 3.65% today. It may drop again.
Brian from The Job Bored dropped a line with a money hack for those who [...]

Vintek pointed me to a Bill Moyers interview with John Bogle, founder of The Vanguard Group and patron saint of index funds. (He’s also one of my financial heroes.) Mostly, the conversation revolves around the problems with the modern U.S. economy:

BILL MOYERS: What is the job of capitalism?
JOHN BOGLE: Well, ultimately, the job of [...]

A shaky stock market makes people nervous. Naturally, they’re scared of losing money. Alex, a reader in the U.K., wrote to say that he’s finally ready to begin investing, but he’s not sure that now is the time to do so. Should he wait?

I recently switched jobs to one that pays me better (and makes [...]

During my family’s Christmas celebration, I learned a little more about my oldest nephews. I don’t see them often, so it’s hard to know what interests them. This year, I learned that six-year-old Alex likes art. You can bet I’ll be encouraging this productive hobby — the only other two things I know he likes [...]