TessMore Finance Blog

Welcome… By reading this Ultimate Guide you’re already taking the first steps on your journey to a Rich Life. This is only an introduction to the ideas and material you’ll find inside IWT. I started this site in 2004 while I was studying technology and psychology at Stanford. I’ve spent the time since testing and […] Source from I Will Teach You To Be Rich https://ift.tt/SiH1e7v

In 2008, Warren Buffett offered a million dollar bet to any hedge fund brave enough to accept – an S&P 500 index fund would beat any portfolio of hedge funds over 10 years. Ted Seides, a co-founder of Protégé Partners, took the bet. In 2019, eight months before the end of the bet, Seides conceded . It’s almost impossible to beat the market . Trained professionals, who spend all of their time doing this, are unable to do so on a regular basis. The only skill you need to beat those trained professionals is the ability to be patient. Buy and hold. And then wait. Patience, however, is not one of my strong suits. When it comes to business or sports or anything else, I want to be moving. More practice. More work. More everything. But that’s not what makes you a better investor because it doesn’t lean on my only advantage against the professionals – time. In a world where the professionals are measured in their performance each quarter and year, my performance is measured in decades

Anyone who trades stocks and pays attention to technical analysis knows how valuable a good stock screener can be. But with dozens of stock screeners to choose from, how do you find one that’s right for you? Finviz is a popular choice for beginner and experienced investors alike, offering features like charts, heat maps, insider trading, and portfolio tracking. In this Finviz review, I dive into everything Finviz has to offer, including its key tools and pricing. I also share a few Finviz alternatives. Table of Contents What Is Finviz? Finviz Features Homepage Stock Screener Charting Heat Maps Groups Portfolio Watchlists News Insider Trading Futures Forex Crypto Alerts Backtests How Much Does Finviz Cost? Free Registered FINVIZ*Elite Finviz Free vs. Elite When to Use Finviz Free When to Upgrade to Finviz*Elite Finviz Pros and Cons Pros Cons Alternatives to Finviz Seeking Alpha Stock Rover TipRanks TradingView FAQs Final Thoughts on

Welcome… By reading this Ultimate Guide you’re already taking the first steps on your journey to a Rich Life. This is only an introduction to the ideas and material you’ll find inside IWT. I started this site in 2004 while I was studying technology and psychology at Stanford. I’ve spent the time since testing and […] Source from I Will Teach You To Be Rich https://ift.tt/BOUg2RN

Welcome… By reading this Ultimate Guide you’re already taking the first steps on your journey to a Rich Life. This is only an introduction to the ideas and material you’ll find inside IWT. I started this site in 2004 while I was studying technology and psychology at Stanford. I’ve spent the time since testing and […] Source from I Will Teach You To Be Rich https://ift.tt/SFoM68d

Online brokers allow you to place stock market trades in an instant. But to be successful, it helps to have access to the latest stock market data and the best stock analysis tools . That’s where stock charting software apps come in handy, especially for active traders.  Stock charting software apps analyze the price action of thousands of stocks, and identify chart patterns and other data using well-established technical analysis practices. The end-goal is to provide DIY investors with data that they can use to produce higher portfolio returns. But with so many apps to choose from, how do you know which one is right for you? In this article, I’m sharing nine of the best stock charting software apps on the market today. The prices and features vary, but I’ve broken it all down to help you find the right app for your portfolio and your budget. Table of Contents 9 Best Stock Charting Software Apps Benzinga Pro TradeStation FINVIZ TradingView StockCharts Thinkorswim (TD Ame

Just the other day, I listed something on Facebook Marketplace and someone immediately messaged me (huge 🚩!) about it. Actually, three people did and they all sent the same message! They all wanted to know the same thing – would I ship the item to them? What payment did I accept? I knew for a fact that they were setting me up for a scam. Three identical messages were a huge clue but so was the request for shipping. I bet they were going to send me a cashier’s check for too much, ask me to cash it and send them back the excess. It’s a classic advance fee scam. If I used our simple trick for spotting a scam , it wouldn’t have passed. Unfortunately, Facebook Marketplace scams are more and more common. Criminals are using all sorts of tactics to get you to hand over your hard-earned cash for nothing.  Thankfully, there are ways to recognize attempted fraud before it’s too late. Take a look at the following list of common Facebook Marketplace scams so that you can learn to avoid them.

I get it – I was once a broke college student myself, so I won’t waste your time with pie-in-the-sky schemes. Whether you’re gearing up for college or already knee-deep in textbooks and ramen noodle dinners, I’ve got your back. In this post, I’ll be teaching you how to make money as a student with […] Source from I Will Teach You To Be Rich https://ift.tt/58pbclT

Many people have gotten into really bad credit card debt and still managed to get themselves out of it (because they played their cards right). You’ve probably heard me tackle this on my podcast with episodes like “We have $4,600 in credit card debt but we spend $600/month on GrubHub”, “He won’t marry me until […] Source from I Will Teach You To Be Rich https://ift.tt/f623rvB

Buying a house may or may not be for you, depending on how you define your Rich Life. While I’m a huge advocate for the flexibility and financial freedom that renting provides, I also understand that for many, owning a home remains a lifelong goal. So, in this post, we’re going to delve into how […] Source from I Will Teach You To Be Rich https://ift.tt/ba35q0z

In my journey toward financial freedom, I’ve navigated countless finance podcasts. And today, I’m excited to share 5 gems that have significantly influenced my perspective. Whether you’re a seasoned investor or just dipping your toes into the world of personal finance, these podcasts offer a wealth of practical knowledge.  And to make it easy for […] Source from I Will Teach You To Be Rich https://ift.tt/kMqt9S5

Losing a loved one is one of the most difficult things a person can experience. In fact, it can trigger a mental and emotional fog that lasts for days or weeks, impeding the ability to make decisions concerning the deceased’s final affairs. It would be ideal to have a plan in place in advance of your loved one passing away, but that’s not always possible. So what do you do when a loved one dies? To make the situation a bit easier to manage, I’ve outlined the various steps you need to follow below, along with some estimated timeframes. Table of Contents Communicating with Your Loved One What to Have Ready in Advance 1. Steps to Take Immediately 2. Steps to Take Within Two to Three Days Steps to Take in the First Week 3. Steps to Take Within Two Weeks 4. Steps to Take Within the First Month Beyond One Month Final Thoughts Communicating with Your Loved One One of the best ways to be prepared for a loved one’s death in advance is to discuss their last wishes with them.

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