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!This morning we have a little something for our neighbors to the north. This is a guest post from Frugal Trader, who writes about personal finance from a Canadian [...]

This is a guest post from Dong, who writes about personal economy at Ask Dong.
Who can forget their first time? I certainly can’t.  I was 22 and fresh out of school.  The NASDAQ was around 4000, and young turks like myself were getting jobs that we had no business holding.  The times were good. Even [...]

In 1973, Burton Malkiel published A Random Walk Down Wall Street, in which he argued that a blindfolded monkey could pick stocks as well as a professional investor. Though I bought a copy of Random Walk for $3.99 at the local Goodwill last year, I haven’t read it. It looks dense. I know it’s written [...]

Dave pointed me to the latest column from Ben Stein, in which he writes about market fluctuations and subprime morality. The first half of this article interests me more — it discusses a fundamental principle of investing.
I continue to get questions about whether now is a good time to invest in the stock market. The [...]

Bill wrote the other day looking for my opinion on Sharebuilder. Sharebuilder is an online discount brokerage that encourages automatic scheduled purchases of stocks and exchange-traded funds. In plain English, the company makes it easy to start investing. Here’s what Bill had to say:
I was wondering what you thought about Sharebuilder. I am considering signing [...]

Here’s a personal finance truism: if your employer offers a 401(k), be sure to take advantage of any matching funds. That’s a terrific idea, but what if doing so presents an ethical dilemma? Eric wrote looking for advice on a sticky situation:

My employer is moving our 401(k) accounts from one investment firm to another. The [...]

Yesterday, Brent wrote with a question regarding the types of investments one can have in a Roth IRA:
Is there such a thing as a Roth IRA “savings” account that gets rates comparable to a good “regular” savings accounts (5% APR or higher)? Is there a reason this is so difficult to find information on (at [...]

I’m often asked, “Which is best, a Roth IRA or a traditional IRA?” There’s no one right answer.
Which option you choose depends on your goals, and it depends on what you think your income will be like in the future. In theory, there’s no difference between the eventual returns. In practice, there are a [...]

David Bach is perhaps best known for coining the term the latte factor, a phrase that has almost become a joke in personal finance circles. That’s too bad, really, because Bach has some good ideas. And the latte factor is a marvelous concept, applicable to many people who casually spend their future a few dollars [...]

The November 2007 issue of Kiplinger’s has a great article from James K. Glassman called “The Upside of Risk”. Glassman’s explanation of market risk is wonderful. Normally, I’d post an excerpt from the online version of the article and then point you to it, but I can’t find this piece anywhere on the web. Instead, [...]