Archives for June 2014

The Millennial’s Intro Guide to Term Life Insurance

Last Updated On July 6, 2014 Guest Blogger 1 Comment

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As money-wise millennials, we have a lot of goals in mind as we graduate from school, get started with our careers and think about what we want our finances to look like in the coming years. One financial consideration that often gets pushed to the periphery is life insurance. You may be asking isn’t life […]

The Value Investing Cheat Sheet

Last Updated On November 1, 2018 Robert Farrington Leave a Comment

Value investing is the investing idea that you can buy a company that is “under-valued” relative to its true value. The reason that its stock is undervalued relative to its fundamentals could be market movements or other outside trends. However, you want to make sure that you avoid value traps, which could mean the company […]

How Someone Can Get a Student Loan with Bad Credit

Last Updated On August 23, 2018 Robert Farrington 6 Comments

Sometimes the early choices we make with money come back to bite us in the ass. Say you get a credit card at 18, and then don’t pay your bills. This can damage your credit score early on, and make it difficult to get other loans later. And while you’ve learned the error of your […]

Creative Ways to Use Your Student Loan Money

Last Updated On June 16, 2014 Robert Farrington Leave a Comment

Are you currently in college and receiving student loan money? Have you ever thought about using some of that money in another way? Did you even know this was an option? To be frank, since the government cannot possibly track what exactly you are doing with the student loan money, you could (in theory) spend […]

TimkenSteel Spinoff May Create an Opportunity for Investors

Last Updated On June 19, 2014 John Clark Leave a Comment

The Timken Company announced earlier this year that it would split itself into two companies. For years investors have advocated for spinning off Timken’s steel business to benefit shareholders and unlock value. The steel business is different than its bearings and power transmission businesses. It is also valued differently by investors and likely depressed the […]

How Do Private Student Loans Actually Work for Borrowers?

Last Updated On August 11, 2018 Robert Farrington Leave a Comment

Private students loans are the primary way that student loan borrowers get into trouble. Hands down. The reason is that the Federal government has limits on the amount that you can borrow for Federal student loans. And there is a reason for those limits — so that you don’t get in debt over your head. […]

Key Value Stock Fundamentals for Screening Stocks

Last Updated On November 1, 2018 Robert Farrington 2 Comments

The hardest part of deciding where to invest is actually deciding what criteria you want to look for in a company. I am a huge value investor, and look for solid companies that can be purchased at a discounted price (maybe due to bad short-term news). The trick to finding these companies is to use a stock screener. Most online brokerages have them, as does Yahoo! Finance or Money.com. What I highlight below are some key fundamentals you may want to look at when investing in a company. Remember, a number or ratio may look good, but it is important to understand why that number looks good, or if it looks “too” good.

The Pros and Cons of a Roth 401k

Last Updated On October 5, 2018 Robert Farrington 15 Comments

This year, my employer started offering a Roth 401k for the first time. Although they’ve been around for a couple of years, only recently have more and more employers started offering them. I’ve been contributing to my traditional 401k since I was first able to, so I wasn’t sure about switching over to a Roth […]

Investing for Dividends

Last Updated On June 9, 2014 Robert Farrington Leave a Comment

Dividend investing is one of the best ways to grow your wealth and your portfolio over time. It’s one of my favorite ways to invest, and it was Daily Investing Tip #18. Dividends are amazing for a few reasons: The provide you solid income for owning an asset The compound over time, increasing your return […]

Is Now the Time to Invest in Joy Global?

Last Updated On June 11, 2014 Alexa Mason Leave a Comment

Joy Global recently reported a solid quarter and it appears the mining equipment market at least found a bottom and may have turned the corner at Joy. The soft global economy and mining capes spend has weighed on the stock for the past few years. Since the start of 2013, Joy’s stock is down 30% […]

How Does a Student Loan Affect My Credit Score?

Last Updated On July 2, 2014 Robert Farrington Leave a Comment

Do you currently have student loans? Have you ever wondered how they are affecting your credit score? I know I have. Is it possible that those student loans are actually hurting your credit? Or, is it a benefit to have student loans at the ripe age of 18, because they are providing the creditors with […]

4 Small Investment Ideas

Last Updated On June 9, 2014 Alexa Mason Leave a Comment

You want to start investing but you feel like you don’t have enough money to get started. I know exactly how frustrating this can be! Since my main financial goal this year was to get started investing I had to work with my rather small budget. What I found out though, is that you really […]

Lessons Learned From 28 Year Old Real Estate Mogul Josh Simon

Last Updated On November 17, 2015 Robert Farrington 1 Comment

Welcome to the next installment in our young millionaire series. Today I have the pleasure of chatting with Josh Simon. Josh is a 28 year old commercial real estate investor based in Scottsdale, AZ. He got his real estate license and did his first deal when he was 18. He continued doing real estate deals while he graduated […]

4 Tips for Making Your Student Loan Last Long Enough

Last Updated On September 30, 2018 Robert Farrington Leave a Comment

Depending on where you are in the world, you’ll be aware that there are several different ways in which students receive their loans. In the U.K., the vast majority of students receive either a loan or a grant and a loan from the government which they can use for living expenses. This is issued in […]

My Biggest Failure in Front-Loading My Life (a Car Purchase)

Last Updated On August 11, 2018 Robert Farrington 3 Comments

My biggest philosophy in personal finance is front-loading your life. But I’m not perfect. I’ve hinted at my first car purchase, but let me go into more detail about it. This single purchase probably set me back $10,000 to $20,000 more than it should have, at a time when I didn’t need to waste that […]

Investment Options for 2014: The Benefits of Close-ended Funds

Last Updated On June 18, 2014 Robert Farrington Leave a Comment

The international investment landscape is constantly changing, against a back-drop of social, political and economic unrest. The evolutionary investment market is also complicated further by the relationship between developed and emerging economies, as the latter continue to develop and offer alternative options for individuals with disposable income who are in search of a viable return. […]

Amazon Expected to Introduce a Smartphone

Last Updated On June 5, 2014 John Clark Leave a Comment

It is heavily rumored Amazon (NASDAQ: AMZN) will unveil a smartphone on June 18th to compete with offerings from the other tech giants, mainly Apple’s iPhone (NASDAQ: AAPL), Google’s Android devices (NASDAQ: GOOG), and Microsoft’s Windows Phone (NASDAQ: MSFT). The possible introduction creates a lot of questions and concerns for investors. It could contribute to […]

This Is What the Student Loan Bubble Really Looks Like!

Last Updated On August 11, 2018 Robert Farrington 1 Comment

There’s been a lot of hype around the student loan bubble — the fact that borrowing through student loans has reached over $1.2 trillion. That’s an insane number. The total amount of U.S. debt outstanding is $17.5 trillion. To add some food for thought, there is roughly $13.5 trillion in mortgage debt in the United […]

Buying My First “Expensive” Suit Was Totally Worth the Money

Last Updated On August 11, 2018 Robert Farrington 6 Comments

You may have heard the saying, “Money does not make you happy, but it quiets the nerves.” This was quoted from playwright Sean O’Casey, and it totally sums up one of my biggest purchases out of college: my first suit. I’ve shared with you how buying a suit is a pain in the ass and it’s […]