Investing

The 6 Factors That Determine Who Gets To Be a Millionaire

We all recognize “Who Wants to be a Millionaire?” as not just a popular game show, but also a ridiculous question. The obvious answer to the show’s title is, yes, everyone wants to be a millionaire, but few contestants or audience members can...

3 Common Myths About Women and Money

A lot of what I know about investing I learned from women: my mother, personal finance pioneers Sylvia Porter and Jane Bryant Quinn, and a host of smart Certified Financial Planners. They weren't timid. They took risks. They made money. Yet we're...

Can These Robots Make You Rich?

Robo-advisors: They sound like something out of a sci-fi movie, but really they're the latest — techiest — trend in investing. And they're seriously shaking up the financial industry. For those unaware, a robo-advisor is a digital platform that...

IRA vs. 401(k) - What's the Difference?

So you’re planning for retirement — and feeling unsure about which product is the best vehicle to get you there. These days, few people have access to “defined benefit” plans like the pensions that may have guaranteed your grandparents a certain...

What Banks Can Learn From Women

Yesterday, DailyWorth founder Amanda Steinberg and the FCS hosted a panel for financial services executives about how banks lack clarity when it comes to women. And clearly they need our help: 73 percent of surveyed women have said they feel...

5 Common — and Costly — Investing Myths

Myths about investing are costly. They can lead you to take too much risk, or too little, or avoid investing altogether, which likely is the most costly mistake of them all. Here are some common investing myths — from the belief that investing is...

How to Gauge Your Risk Tolerance

I can recall the day vividly.  “This is like the other ones I’ve been on, right?” I asked my dad.   “Sure,” he replied, “You’ll love it!”   I sat next to my father, a hesitant smile on my face, as the man fastened the safety bar over our laps. Our...

5 Common — and Costly — Investing Mistakes

Survey after survey shows that women are less confident about making wise financial decisions despite feeling more financially secure, that we’re more likely to defer to a partner in making important money decisions and that some of us have no...

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