Personal Finance

Personal Capital is an online financial advisor and personal wealth management company headquartered in Redwood City, California with offices in San Francisco, CA, Denver, CO, Dallas, TX and Atlanta, GA.
  • How to help teenagers manage their money
    The Punch

    How to help teenagers manage their money

    Parents and carers play an important role in shaping their children's financial behaviour and attitude towards money. Many teenagers rely on their mum or dad to set the right example when it comes to managing finances. Of course it is not always easy to talk to teenagers about money, particularly as they approach adulthood. Bearing that in mind, we have pinpointed areas where you can help prepare your children to navigate the tricky waters of personal finance, according to Give teenagers financial responsibility Sharing responsibilities with your children. It is important that teenagers recognise the value of money and understand that it is not an unlimited resource.

  • TreeTop. Crazy Sex 2019 R&B

    TreeTop. Crazy Sex 2019 R&B

    Polk county #nbayoungboy #lilboosie #kevingates HIT The Subscribe Button Produced By Tru Baller �� Video Dropping Real Soon��� U...

  • How to transfer money from one bank to another to combine finances or earn more interest
    Business Insider

    How to transfer money from one bank to another to combine finances or earn more interest

    You can transfer money from one bank to another through a paper check, a bank-to-bank transfer, an ACH transfer, or a wire transfer. For any type of electronic transfer, you'll need the account and routing numbers of the account where you want to deposit the money. You can also transfer by check, for which you'll only need the recipient's name (which can be yourself). Visit Business Insider's homepage for more stories. There are countless reasons you may want to transfer money from one bank to another. Maybe you'd like to combine finances with your new spouse, or start earning more interest by moving your money to a different bank. Fortunately, the process of transferring money from one bank

  • The Best Way to Make a Fortune in the Stock Market

    The Best Way to Make a Fortune in the Stock Market

    An enormous shift is coming in the stock market …Source: Shutterstock I am not talking about a crisis or a bear market -- though the market's December drop does play a role in it.The shift I'm talking about will bankrupt many investors who've made gobs of money during this historic bull market over the past 10 years … and make millionaires out of a totally different type of investor.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhether you are one of those millionaires will depend entirely on your understanding of history. Anyone with a passing knowledge of stock market history should already know all about the massive shift I'm about to describe …I'm talking about a shift in the balance of power between two huge investment forces …This idea first appeared in a little-known book published in 1924. That's the year an investment adviser named Edgar Lawrence Smith published a terse little volume called "Common Stocks as Long Term Investments." The book laid out the research Smith had done on the historical performance of stocks and bonds.Originally, Smith thought he was sitting down to write a pamphlet on the superiority of bonds as long-term investments. He examined decades of stock and bond price data, from 1837 through 1922.To his great surprise, Smith found that stocks had been the better long-term investment …Today, this seems like a no-brainer. But back then, it was a tectonic shift in the widespread belief of the day. As Smith wrote …Common stocks are, in general, regarded as a medium for Speculation -- not for Long Term Investment. Bonds, on the other hand, are generally held to be the best medium for Long Term Investment -- free from the hazards of Speculation.Smith compared several baskets of more or less randomly chosen stocks versus high-grade bonds. The result was always the same: Stocks outperformed bonds.He realized that earnings reinvested in the business -- rather than being paid out in dividends -- caused stock prices to go up over the long term.Over the long term, Smith concluded, investors could count on a well-diversified portfolio of stocks to generate substantial capital gains and dividend income superior to the highest-grade bonds. He wrote …In the selection of securities for investment, we must consider more than the expected income yield upon the amount invested, and may quite properly weigh the probability of principal enhancement over a term of years without departing from the most conservative viewpoint.The idea of growth in principal as conservative was radical. But by 1929, Smith's book was a bestseller, and "growth investing" was hot, with shoe-shiners and hairdressers trading stock tips and playing the stock market on margin, despite Smith warning investors to avoid "the extreme misfortune" of investing at a market peak.When the crash of 1929 came, it wiped out thousands of investors, leading the world into the Great Depression …At the depths of the Depression, another analyst published a radical new view of investing that would change the world forever.Investor and teacher Benjamin Graham, aided by his partner David Dodd, published "Security Analysis", a 725-page, all-encompassing guide to analyzing bonds, preferred stocks, and common stocks the likes of which had never been published before (or since).Graham called Smith's book, which totals 140 pages, a "small and rather sketchy volume." He made the case that Smith's book caused investors to focus too much on extrapolating the trend of earnings growth into the future.Graham said the traditional approach to investing, which focused on "past records and tangible facts, became outworn and was discarded" in the 1920s as Smith's ideas gained popularity. "The past was important only in so far as it showed the direction in which the future could expected to move," Graham said. That's the classic mistake of all growth investing: the belief that trees will grow to the sky.In Graham's view, "The Common stocks-as-long-term-investments Doctrine," a clear reference to Smith, was based on three ideas …1\. "The value of a common stock depends on what it can earn in the future." 2\. "Good common stocks will prove sound and profitable investment." 3\. "Good common stocks are those which have shown a rising trend of earnings."Graham and Dodd immediately pointed out the two weaknesses in these assumptions. They "abolished the fundamental distinction between investment and speculation [and] they ignored the price of a stock in determining whether it was a desirable purchase."Graham was showing the world the flaws of growth investing, and advocated replacing it with sensible principles which today are known as "value investing."Later, I'll show you that over the long term, value trumps growth. But there's a subtler point here …Longtime readers of my work know the market tends to shift the balance of power back and forth between growth and value every several years. Growth has outperformed since 2009, and it looks like value is getting ready to take the lead for the next five to 10 years.This is perhaps the single most exciting moment of my entire career as a value investor and equity analyst. Value has under-performed growth for 10 years, and we are likely within several months of a major blow-off top of the longest bull run in stock market history.There's something else you ought to know about value investing …You need to start doing it BEFORE the bull market ends.Investing legend Warren Buffett gave a speech in 1984 called, "The Superinvestors of Graham-and-Doddsville." It chronicles the record of investors who worked for and learned from Graham.One was Walter Schloss, who never went to college, but took a night course from Graham. Schloss made roughly 21% a year over a period of more than 28 years, when the S&P 500 gained just 8.4% per year. During that time, the S&P 500's worst performance was in 1974, when it fell 26.6%. It was a brutal year for the market, but Schloss was down a mere 6.2% that year.Buffett also mentioned value-investing firm Tweedy, Browne. It made 20% a year over a period of nearly 16 years, when the S&P 500 returned just 7% a year. Tweedy, Browne gained 1.5% in 1974 (the year the broad market fell 26.6%).Buffett related the records of five more "Graham-and-Doddsville" value investors. Not all of them outperformed in 1974, but they all trounced the overall market by a wide margin over periods of more than a decade.A more recent study by Bank of America Merrill Lynch looked at the 90 years between 1926 to 2016 and used another value/growth data set by economists Eugene Fama and Kenneth French. The cheapest stocks made 17% per year, while the most expensive growth stocks made just 12.8% per year -- a huge difference when compounded over the long term.The data on growth versus value during bad times is mixed …As The Wall Street Journal reported last July …In bear markets before 1970, for example, the 50% of stocks nearest the growth end of the spectrum outperformed the 50% at the value end by an annualized average of 3.8 percentage points. In the bear markets of the subsequent four decades, however, it was just the opposite, with value beating growth by an annualized average of 10.7 percentage points. The current decade appears to be reverting to the pre-1970 pattern, with value lagging behind growth in both the 2011 and 2015-16 bear markets.Again … I believe we're on the cusp of a huge shift back to the outperformance of value during the next bear market. It's worth pointing out that value beat growth by an astounding 32% annualized from the dot-com top in early 2000 to the bottom in October 2002. The current mania smells a lot like that period to me, even if it is just one data point.If you want to avoid the carnage of the next few years, become a value investor right now.If you want to maximize the performance of your capital over your lifetime, become a value investor right now.If you want to take less risk, sleep better, and make more money in stocks, become a value investor right now.Value investing is hands down the best way to make a fortune in the stock market …It's how I recommend investing the overwhelming majority of your portfolio.History suggests that value investing is about to shine brighter than it has in nearly two decades. It has never under-performed growth investing for this long … So, it's like a giant rubber band that has been stretched further than ever before.Given the recent struggles of market darlings Facebook (NASDAQ:FB), Alphabet (NASDAQ:GOOGL), and other growth stocks lately, the rubber band looks like it has been released and is starting to snap back in a big way.The market is telling you that a much bigger shift between growth and value is likely in the next few years …Value investing naturally prepares you for bad times by discouraging you from buying what's popular and expensive. It encourages patience and discipline -- exactly what's been lacking in the market for most of the past decade. You can't predict bear markets, but you can prepare for them by being a value investor.My chief research officer Mike Barrett and I have that kind of discipline. In our Extreme Value advisory, we recommended just two stocks in 2015 as we warned investors most stocks were just too risky. It turned into the worst year for stocks since 2008.We found alcohol titan Constellation Brands (NYSE:STZ) in 2011 and rode it to a 631% gain -- one of the highest-returning recommendations in Stansberry Research history, all from a stodgy, ignored booze company.Recently, we've found great value in a handful of different industries …In the past several months, we've recommended a pipeline company, an old chemical company, and two shipping companies -- classic Graham-and-Dodd value stocks.We waited more than a year to recommend one stock until it finally got cheap enough for our liking. We recommended shares last August and soared up 32%. We think it'll double over the next few years.And with gold cheap relative to stocks, we continue to recommend investing in the two best businesses in the global mining space, bar none. One owns royalties on a diversified group of mines.The other owns a royalty-like income stream on millions of ounces of gold, silver, platinum, and palladium above the ground.You won't find two better business models in the gold mining space. And you won't find better downside protection, bigger (realistic) upside, or better management teams. Both are trading at cheap cyclical lows and ready to roar over the next five to 10 years. I believe the shift to value will send them up 10 to 20 times current levels as they continue to pay rising dividend streams.I can't predict the future and I have yet to meet anyone who could. But I've closely studied the past and the present, and as I've said before, I know two things for sure: where we stand and what to do about it.Extreme Value isn't for everyone. But if you have the discipline and desire to exploit a huge, long-term advantage in the stock market over the next five to 10 years, it might be for you.You can hear more about my No. 1 gold idea, right here.Dan Ferris is the editor of Extreme Value, a monthly investment advisory that focuses on some of the safest and yet most profitable stocks in the market: great businesses trading at steep discounts. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post The Best Way to Make a Fortune in the Stock Market appeared first on InvestorPlace.

  • 7 ETFs With Oodles of Diversification

    7 ETFs With Oodles of Diversification

    One of the primary selling points of ETFs is that at the asset class enables investors to enhance portfolio diversification and do so cost effectively. For equity investors, there are hundreds of ETFs that are home to thousands of stocks. Investors looking to fortify fixed income diversity have plenty to embrace, too, because there are some diversified bond ETFs that home to thousands of bonds.Portfolio diversification has its advantages. It can help investors reduce risk and correlations, gain exposure to an increased number of asset classes, market capitalization segments and regions and mitigate exposure to company-specific risks.Of course, the aim of the game with diversification is ensuring that assets that may appear unrelated under the confines of one portfolio can actually work together to reduce and enhance long-term performance.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"A common error in portfolio construction is that of choosing specific investments that may appear to be worthwhile individually, but make little sense when combined in a portfolio," according to Vanguard. "In the end, this collection of investments does not necessarily form a coherent asset allocation or sub-asset allocation that matches the investor's objectives and risk tolerance."When properly applied, ETFs can be the ideal instruments for adding diversification to your portfolio."ETFs are now traded on virtually every major asset class, commodity, and currency in the world," said Fidelity. "Moreover, innovative new ETF structures embody a particular investment or trading strategy. For example, through ETFs an investor can buy or sell stock market volatility or invest on a continuous basis in the highest yielding currencies in the world." * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Here are some of the most diverse ETFs to consider across multiple strategies and asset classes. Vanguard Total Market ETF (VTI)Source: Shutterstock Expense ratio: 0.03% per year, or $3 on a $10,000 investment.In multiple ways, the Vanguard Total Market ETF (NYSEARCA:VTI) is a big ETF. Home to $119.5 billion in assets under management, this Vanguard fund is one of the largest ETFs in the world. VTI also holds 3,600 stocks, good for one of the largest rosters among all equity-based ETFs and enough to imply some level of diversity.With VTI, ETF diversification is sourced through the fund's lack of dependence on any of its holdings. The fund's top 10 holdings combine for just 18.80% of its weight, according to issuer data. Bottom line, VTI meets one standard for ETF diversification simply because it holds a massive number of stocks and it has the added benefit of being one of the cheapest ETFs on the market.However, over long holding periods, investors should expect VTI to differ wildly from broad market benchmarks. Over the past three years, the fund has barely outpaced the S&P 500. VanEck Vectors Municipal Allocation ETF (MAAX) Source: Shutterstock Expense ratio: 0.36%At just two months old, the VanEck Vectors Municipal Allocation ETF (CBOE:MAAX) is the newest ETF mentioned here and while it focuses on a specific corner of the bond market, MAAX meets the standards of being a diverse ETF.Traditional municipal bond ETFs focus on a specific credit quality or duration and although some of those funds may hold a lot of bonds, the emphasis on a particular objective, high or low credit quality or long or short duration; reduces diversification. MAAX solves that scenario and does so in effective, unique fashion. * 5 STARS Stocks Smashing the Market (FANG Stocks, Too) MAAX is an ETF of ETFs, holds some of the other VanEck municipal bond ETFs and allocates just over 70% of its weight to the VanEck Vectors High-Yield Municipal Index ETF (CBOE:HYD) and the VanEck Vectors AMT-Free Long Municipal Index ETF (CBOE:MLN). Add those holdings up and MAAX has exposure to nearly 6,000 muni bonds of varying credit quality, duration and yield. SPDR SSGA Global Allocation ETF (GAL)Source: Shutterstock Expense ratio: 0.35%For investors that look the traditional 60/40 equity/fixed income split for diversification, the SPDR SSGA Global Allocation ETF (NYSEARCA:GAL) is an ETF to consider. Like the aforementioned MAAX, GAL is an ETF of ETFs and most of its 22 holdings are other SPDR funds.The equity portion of this diversified ETF's roster is designed to top the MSCI ACWI IMI Index while fixed income portion aims to beat the widely followed Bloomberg Barclays U.S. Aggregate Bond Index. GAL's fixed income holdings include junk bonds, international bonds, TIPS and intermediate-term U.S. Treasuries.Familiar holdings in this diversified ETF include the SPDR S&P 500 ETF (NYSEARCA:SPY) and the SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM). With this diversified ETF, investors should expect higher income than the S&P 500 or 10-year Treasuries. Invesco Zacks Multi-Asset Income ETF (CVY)Source: Shutterstock Expense ratio: 0.88%As its name implies, the Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) is a multi-asset ETF, indicating there is some level of diversification offered by this fund. There are actively managed funds in the multi-asset realm, but CVY is an index-based product as it tracks the Zacks Multi-Asset Income Index.That benchmark "is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks," according to Invesco. * 3 Breakout Stocks to Buy CVY has nearly 150 holdings and while many of those are common stocks, the fund holds enough high-yielding assets to push its 30-day SEC yield to 4.22%, indicating that it can be used as a complement to a standard equity fund like VTI. CVY adds diversification by being mixed across large-, mid- and small-cap equities. Vanguard Extended Market ETF (VXF)Source: Shutterstock Expense ratio: 0.07%Think of the Vanguard Extended Market ETF (NYSEARCA:VXF) as diversification enhancer because the objective of extended market funds, such as VXF, is to fill in the blanks created by large cap-heavy funds.Even a diverse ETF like the aforementioned VTI is likely to tilt toward large-cap stocks despite its massive roster. That creates some voids, but those gaps can be filled by a fund such as VXF, which is entirely devoted to mid- and small-cap names. And like its large-cap peer VTI, VXF is a diverse ETF in terms of sheer number of holdings, which total 3,262.Adding to its diversification utility, VXF's holdings have a median market value of $4.6 billion, putting the fund at the lower end of mid-cap territory and the fund's top 10 holdings combine for just 5.50% of the fund's weight, indicating single-stock risk is minimal. Cambria Global Asset Allocation ETF (GAA)Source: Shutterstock Expense ratio: 0.30%The Cambria Global Asset Allocation ETF (CBOE:GAA) is another example of a diverse ETF that boosts diversification through the ETF of ETFs methodology. GAA's asset selection universe includes domestic and foreign stocks, bonds, real estate, commodities and currencies."Since the GAA ETF is meant to be a buy and hold allocation, the portfolio is simply rebalanced back to target weightings each year, which broadly tar-get a 40% allocation to global stocks, a 40% allocation to global bonds, and a 20% allocation to real assets, such as commodities and currencies," according to Cambria. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip About half of GAA's top 10 holdings have significant exposure to international bonds and stocks, giving investors an opportunity to take advantage of some compelling ex-US valuation discounts while gaining a higher income profile. GAA has a dividend yield of almost 3%. GraniteShares HIPS US High Income ETF (HIPS)Source: Shutterstock Expense ratio: 1.30%The GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) provides diversification across some popular high-yielding asset classes, such as master-limited partnerships, real estate investment trusts, closed-end funds, and business development companies. This diverse ETF recently got a new benchmark, which could further up its diversity."The revised index, officially renamed the TFMS HIPS Index, rolled out July 1, 2019, and includes several key enhancements that could potentially benefit investors," according to a statement issued by GraniteShares.The new index HIPS also takes steps to minimized volatility, a trait that could work in favor of investors."First, a quantitative screen was applied to the stock selection process to help minimize index volatility and dampen the effect of recent market uncertainty on index return," said GraniteShares. "Additionally, a cap was introduced that limits the index to holding no more than 60 high-income securities, versus 300 securities measured in the original index."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 7 ETFs With Oodles of Diversification appeared first on InvestorPlace.

  • Wealthfront has one of the best high-yield savings rates right now, and it probably won't last for long
    Business Insider

    Wealthfront has one of the best high-yield savings rates right now, and it probably won't last for long

    High-yield savings accounts have become commonplace in banking, and for good reason. They allow you to steadily grow money you need in the short term, with zero risk of losing it. The ideal high-yield savings account has no fees, a low minimum balance requirement, and a high annual percentage rate (APY), which is the rate you earn on your money on an annual basis. When it comes to earning potential, investment app Wealthfront's Cash Account beats the high-yield savings accounts of its b rick-and-mortar and online competitors with a 2.57% APY, as of this writing. Wealthfront debuted itsCash Account earlier in 2019 with a 2.24% APY and has been steadily increasing it ever since. What's more, the

  • Morningstar Community

    Re: M* Charts for OEFs, ETFs, CEFs, Stocks

    M* is slowly changing its website and some features will be different. M* Articles/Videos format has changed - the new Comments section is finally working but now the trick to access the the old article format has disappeared. The new charting for stocks/ETFs/CEFs is very buggy. One of these days, the mutual fund charts will be affected too. Here, I am providing links for reinvestment/Growth-of-10K charts for OEFs, ETFs, stocks, CEFs [using NAVs] for future use. It is possible that when M* makes the final switch, these links will no longer work. But in many website makeovers, old bookmarked links often continue to work for a while. SP500 VFINX

  • Introducing Trecora Resources (NYSE:TREC), The Stock That Dropped 35% In The Last Year
    Simply Wall St.

    Introducing Trecora Resources (NYSE:TREC), The Stock That Dropped 35% In The Last Year

    Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...

  • La La Anthony spotted with Carmelo after cheating rumors | Boomloaded

    La La Anthony spotted with Carmelo after cheating rumors | Boomloaded

    Nearly a month after Carmelo Anthony was spotted yachting with a mystery woman—sparking rumors he was cheating on wife La La— the couple was spotted out together in Beverly Hills on Friday.The pair was photographed getting into a car after dining tog

  • featured highlights include: Intuit, Ciena, Ensign, KB Home and Domino's Pizza
    Zacks featured highlights include: Intuit, Ciena, Ensign, KB Home and Domino's Pizza featured highlights include: Intuit, Ciena, Ensign, KB Home and Domino's Pizza

  • featured highlights include: Carlisle, Northrop Grumman, ResMed, T. Rowe Price and JetBlue Airways
    Zacks featured highlights include: Carlisle, Northrop Grumman, ResMed, T. Rowe Price and JetBlue Airways featured highlights include: Carlisle, Northrop Grumman, ResMed, T. Rowe Price and JetBlue Airways

  • 4 Reasons You’re Not Saving Money
    Motley Fool

    4 Reasons You’re Not Saving Money

    We all need savings -- for emergencies, retirement, and other goals. Here’s why you might be falling behind.Image source: Getty Images


    What Is a Flexible Budget? Definition and Example

    How can you keep on top of unexpected expenses and the odd financial surprise? With a flexible budget.

  • Benzinga

    4 Ways To Avoid ATM Fees If You Have An Online Bank

    If you’re the type of person who still believes in always having cash on you, then the last thing you need is a build-up of ATM fees. ATM fees can often accumulate over time, and if you’re not careful the wrong checking account will penalize you for using out of network ATMs. With online banking, most financial services provide accounts with zero ATM fees, keeping your money in your account.

  • Some Wi2Wi (CVE:YTY) Shareholders Are Down 38%
    Simply Wall St.

    Some Wi2Wi (CVE:YTY) Shareholders Are Down 38%

    Investors can approximate the average market return by buying an index fund. While individual stocks can be big...