Investing is all about risk versus reward. And for passive index investors, this often comes down to asset allocation. By tweaking your exposure between equity, fixed income and alternative asset classes, you can trade in some potential upside for reduced volatility. But risk management doesn't have to end there! So in this article, I want to take a closer look at so-called … [Read more...]
My Personal Capital Review | How To Reach Your Financial Dreams
If you are like many other readers of this blog, you are looking for ways to get a handle on your money so that you can save more money and live the life you want. While this might seem like a fantasy, it can be done thanks to Personal Capital. Before I explain how Personal Capital can help you reach your goals, I want tell you how it has made a positive impact on my … [Read more...]
The Eye-Opening Secrets I Learned Managing $500 Million Dollars
Do you ever wonder what life is like for the rich and not-so famous? Do you wonder how they invest their money? Do you wonder about how they made their millions or what secrets they might have for you to benefit from? Well today is your lucky day as I am going to share the insider details. For a few years, I worked for a high net worth investment planning firm. To be … [Read more...]
How You Can Grow Your Own Money Tree And Never Worry About Money Again
Growing up, I remember watching cartoons where the main character would go out into his backyard and get money from a money tree. I was fascinated by this idea so much that I wondered if we had a money tree in our backyard. I set out one summer afternoon looking at all of the trees we had in our backyard. Unfortunately, I did not find a money tree. As I’ve grown, I’ve … [Read more...]
The Ultimate Guide To Easily Roll Over Your Retirement Plan Into An IRA
There are many different types of retirement plans out there. When you work for a company, you typically invest for retirement through a 401k, assuming you are working in the public sector. If you leave that job, the question becomes, should I roll over my [INSERT RETIREMENT PLAN NAME HERE] into an IRA”? Today is your lucky day. This post will walk you through just about … [Read more...]
Ignoring Your Risk Tolerance: How To Avoid This Huge Mistake And Profit
There is risk with anything in life. When we get into our car to drive to work, there is a risk of an accident. When we play sports, we risk getting hurt. And when we invest, we risk losing money. Because there is risk involved, we have to understand what our risk tolerance is before we decide to do anything. Talking specifically about investing, it is critical that you … [Read more...]
Financial Tools This Insider Uses To Manage Their Money
I’ve been getting a bunch of emails lately asking me about the various financial tools I use to manage my money. While it’s great to get emails and I love replying to readers to help them on their financial journey, I figured it would make sense to simply list out the products I use to manage my money to save you the time of emailing me. Many of these tools you will find on my … [Read more...]
The Definitive Guide For Millennials To Save For Retirement
This is a guest post from Pauline of InvestmentZen I know what you’re thinking. Millenials are young, some of them have barely just entered the workforce, shouldn’t they have other financial priorities than planning for retirement? Well, not really. First, there is no guarantee 30 years from now that you will still be able to count on a check from Social Security. And with … [Read more...]
Thanks again for visiting Money Smart Guides. My goal for Money Smart Guides is simple: to help you become a master of your financial future. You do this by learning to overcome your debt, making smarter spending choices and start investing for your future. When you succeed, I succeed. By teaching you about personal finance, you can take the steps needed to secure your financial future. As always, if you have any questions or want help with any personal finance issue, please 
