Dear Dave, I’m new to investing, and recently I began putting money into growth stock mutual funds inside a Roth IRA. On my last statement, it said that my investment had grown. Can you explain how it grew? Matt Dear Matt, In most cases, you’ll have anywhere from 90 to 200 different company’s stocks…… MORE
Here’s why you need a will, and how to get one By Chris Hogan We all want to do nice things for our loved ones. We go on family trips and celebrate life’s wins together. It’s sometimes difficult for us to consider the bad things that can happen in life, but we still have to…… MORE
If you’re a parent, here’s something we’re both passionate about: making sure your kids have a great future. I want to help you and your kids get ready for life after high school so they can continue to college (and beyond) with a plan and a purpose! And a huge part of that is paying for school without student loans.… MORE
My two brothers-in-law and I have been thinking about going into business together as a side project in the real estate world…… MORE
We just helped move our son into a cheap, off-campus apartment a few blocks from where he is attending college…… MORE
Dear Dave, Our son is 27, and he has a good job making $55,000 a year. Recently, we learned he financed an expensive car he’s now upside down on. In addition, he has accumulated over $15,000 in credit card debt. He lives in a small town, and only pays $650 a month in rent, but…… MORE
Dear Dave, When it comes to buying life insurance, should the coverage amount be based solely on current earnings? I have good reason to believe my income is going to increase significantly soon. Wesley Dear Wesley, The purpose of life insurance is to take care of your family if something unexpected happens to you. You don’t want…… MORE
Dear Dave, My husband and I are wondering if we need term life insurance policies. We both have accidental death and dismemberment coverage provided free of charge through our employers. Do we need additional coverage? Rebecca Dear Rebecca, Yes, you both need to find good level term life insurance immediately! Accidental death and dismemberment policies are nothing…… MORE
Dear Dave, My husband and I have been married five years, and we’ve decided we want to have children. We’ve both been working full time since our wedding, and we were wondering if we should adjust our emergency fund and retirement investing to accommodate all the upcoming life changes that go along with having a…… MORE
Dear Dave, What is your opinion on micro investing apps like Acorns and Betterment? Are these good vehicles for building wealth in the long term, and are there any major drawbacks to these types of services? Alex Dear Alex, I’m not saying there’s anything really wrong with Acorns or Betterment, but they do different things.…… MORE
