TessMore Finance Blog

It’s common knowledge that the vast majority of active fund managers fail to beat their benchmark indices. Every year, Warren Buffett writes a letter to Berkshire Hathaway shareholders and the first page is a table comparing the annual change in the market value of Berkshire Hathaway vs. the S&P 500 with dividends included. His compounded returns through 2022 are impressive (19.8% vs. 9.9%) but it’s uncommon for him to beat the S&P 500 on a year to year basis (and Berkshire Hathaway owns entire private companies, in addition to shares in a handful of public companies). If most active fund managers can’t do it and Warren Buffett, one of the most successful investors of all time, can’t do it… how can you? But every day, people try. And sometimes they succeed. And guess what happens when they do? Nothing. Table of Contents 🏁 Begin with the end in mind 😋 Do you know about Dunning-Kruger? 💵 You Won’t Bet Big Enough ⏰ Time Is A Finite Resource 🎊 It’s Fun And That’s ...

If you’ve been searching for a better return for your savings, you may have noticed that online banks are paying significantly more than traditional brick-and-mortar banks. This includes MySavingsDirect , which is currently paying 4.35% APY on their high interest savings account, which is comparable to rates you’ll find elsewhere but does not lead the pack in any one category . MySavingsDirect is an online bank, but they’re owned by a regular bank from New York City, and deposits are covered by FDIC insurance. In this MySavingsDirect Review, I’ll explain why it could be the right place for you to park your savings, while maintaining a relationship with your primary bank. Table of Contents What Is MySavingsDirect? MySavingsDirect Features Precious Metals Storage High-Interest Savings Account MySavingsDirect CDs Mortgages from Emigrant Bank MySavingsDirect Fees How to Open a MySavingsDirect Account Funding Your Account MySavingsDirect Pros & Cons Pros: Cons...

Active stock trading requires a lot more time and effort than a typical buy-and-hold investing approach. To increase your chances of success, you have to spend hours monitoring positions and researching potential buying opportunities. That’s where a good stock-picking investment newsletter can come in handy. I subscribe to several of the best investment newsletters to see what stocks and funds are being highlighted to maximize investment returns in the current market. I also get lots of hands-on communications for a competitive subscription fee.  Action Alerts PLUS from TheStreet is one of the more popular investment newsletters. In this Action Alerts PLUS review, I’ll let you know how the publication can make it easier to spot investment ideas that you can use in your portfolio. I’ll share the key features, pros and cons, and some alternatives to help you determine if Action Alerts PLUS is worth signing up for. Table of Contents What Is Action Alerts Plus from TheStreet? ...