TessMore Finance Blog

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . Robo-advisors are growing increasingly popular, especially with Millennial and Gen Z investors, as an alternative to traditional portfolio management. But not all robo-advisors are created equal. Robo-advisor—an automated investment platform that uses computer algorithms to invest your money for you—is certainly a hot buzzword in today’s economic landscape (perhaps second to only cryptocurrency). Don’t be lured in by the charm of the first robo-advisor you find. If you’re ready to jump on the bandwagon, review our list of the best robo-advisors of 2021 to choose a quality option that meets your needs. 8 Best Robo-Advisors of 2021 Advisor Account Minimum Best for Ease of Use Wealthfront $500 Best overall Very easy SEE DETAILS Betterment $10 Mobile investing Very easy SEE...

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . The housing market is turbocharged these days because of a shortage of homes for sale is leading to heavy competition between home buyers. That keeps pushing home prices higher and higher. If you’re looking to buy a home, you better buckle up. The housing market remains hot, even though things might be starting to slow down just a little bit, according to news sources like CNBC and The Wall Street Journal, among others. Low mortgage rates continue to spur robust demand, and the number of houses for sale is well below normal. If you want to buy your own home, you’ll need to be smart and strategic about it. Consider these six tips: 1. Boost Your Credit Score Looking to buy a home? Then there’s something you need to start thinking about right now: Your credit score. We know that sounds boring, but it’s actu...

You’ve probably heard that investing is one of the best ways to put your money to work. But if you’ve never put money in the stock market, the prospect can be overwhelming. What investments should you choose? How much money does it take to get started? And what kind of account is right for you? Investing may seem intimidating, so it’s important to learn the basics. We’ll explore different types of investments, including stocks, bonds, mutual funds, certificates of deposit and retirement savings plans like 401(k)s. We’ll also discuss where to actually invest your money, such as tax-advantaged investment accounts, robo-advisors and online brokers. Finally, we’ll detail some key concepts and strategies to guide you on your investing journey. Investing for beginners doesn’t have to be complicated. Here’s how to get started. What Should I Invest in? 5 Types of Investments for Beginners Investing is a way to build wealth by purchasing assets that you anticipate will grow in value ov...