Can Your Mutual Funds Beat the Stock Market?

mutual funds beat the stock market

Mutual Funds absolutely soared last year. I mean c’mon, take a look at the growth on these funds:

Fidelity Select Technology Portfolio, +49.86% Putnam Global Technology Fund, +47.04% VanEck Emerging Market Fund Class Y, +50.32%

Isn’t that just insane??!!

The overall S&P 500 (an index of the top 500 companies in America) had a record year too, but it “only” increased by 20%.

So the analysis is simple, right? “Can your mutual funds beat the stock market?” Well of course! There are three mutual funds listed above that killed the S&P! Buuuuut, not so fast. Just because these 3 mutual funds beat the market doesn’t mean that you can pick which ones will be winners before the year begins. No one has a crystal ball – not even the professionals can accurately predict which mutual funds will beat the market year in and year out.

So is it even possible? . . . → Read More: Can Your Mutual Funds Beat the Stock Market?

How to Make the Most of Your Minutes This Year

make the most of your minutes this year

Have you ever raced to empty your dishwasher before your mug of coffee finished warming up in the microwave? Or organized your cleaning supplies while you waited the last minute for the washing machine to kick off?

Then you already know that things can be accomplished in small chunks of time.

Today, I don’t want to convince you to anxiously spend every moment of your time working, organizing, and planning. But I do want to show you the good that can happen if you promise to make the most of your minutes and dedicate them toward your biggest goals every.single.day.

How to Make The Most of Your Minutes This Year

This is a post from our staff writer, Jamie Jeffers.

What Is Your Biggest Dream?

Some of us know our biggest life goal, and we could sing it from the rooftops.

Others are afraid of the enormity of that dream. . . . → Read More: How to Make the Most of Your Minutes This Year

9 Ways to Make Retiring Extremely Early Possible

retiring extremely early

Retirement dreams… yeah right. These euphoric plans of the future often fizzle, fade, or just turn into an impossibility. Old age, cancer, disabilities – all these perils are killing our ability to retire the way we had always dreamed of. It’s becoming an undeniable reality for many…but it doesn’t have to be.

As I see it, rather than waiting till we’re 65 years old (and hopefully still in good health) to retire, we’ve got two other options: We can live life to the fullest today, cramming in as much fun as possible in between our working hours, or We can work our butts off today to retire extremely early tomorrow

In my opinion, both of these options beat the pants off of the “wait-till-we’re-65-to-live-life” plan. And in this post, I’d like to focus on Option #2 – working hard today to retire extremely early tomorrow.

9 Ways to Make Retiring . . . → Read More: 9 Ways to Make Retiring Extremely Early Possible

My Past Reflections and Future Resolutions – How About Yours?

reflections and future resolutions

2003 wasn’t that long ago, right? I mean, it feels like it was just yesterday. I was graduating from high school, I started college…yeah, just yesterday. Oh wait… that was 15 years ago..????!! WHAT??!! Seriously…stop. That can’t be!!

Time just whizzes by, and the more time that passes, the faster it seems to go! (I hear this all the time, but I’m finally starting to understand this time-warp firsthand)

That’s why it’s so important for us not to just look into the future, but to stop, push pause for a moment, and reflect on the past as well.

Related: 12 Questions to Reflect Upon as You Start a New Year

My Past Reflections and Future Resolutions

This past year sure was a whirlwind. Addi went from being a baby that couldn’t even crawl and somehow transformed into a babbling toddler that runs everywhere and climbs on everything. Life sure got . . . → Read More: My Past Reflections and Future Resolutions – How About Yours?

What to Do and Not to Do with Money at Age 16

do with money at age 16

“Hey, 16 year old Derek. You’re not as smart as you think you are! Sure, you just bought that truck with cash and you recently got a job at that swanky golf course…but you’re going to make some serious money mistakes. And, there are some other things you’ve never done with money that I sure wish you had! So listen up!”

What to Do and Not to Do with Money at Age 16

Ahhh if only we could go back in time! We could undo our wrongs and improve on the things we did right.

Obviously, that’s just not possible (yet), so this article is for all you 16 year-olds out there! If I were in your shoes again, what would I do differently with my money? Let’s start with what not to do…

Don’t Do These Things 1) Don’t Waste Your Money on Technology

When I was 16, I . . . → Read More: What to Do and Not to Do with Money at Age 16

Instead of a New Year’s Resolution, Make a New Year’s Reflection!

Every year millions of people around the world look to the New Year as a chance to hit reset and start anew. We view the progression of time with a renewed vigor as it allows us to raise the bar we set last year. The version of ourselves from the last 365 can’t hold a flame to the new and improved you.

The 2018 us will have a

fully funded emergency fund, IRA, 401k, and see the next bitcoin coming before the talking heads on our gym’s TV do.

Wait, if all it took is a new year to conquer all that ails us, then why wasn’t the last year our great reckoning? These new years come around every time the garbage man is hoisting a brown forest of former joy to the landfill after all. Are we setting the wrong resolutions? Will our bank accounts be forever destined to . . . → Read More: Instead of a New Year’s Resolution, Make a New Year’s Reflection!

You’re Broke…and You’re Making Everyone Else Rich

making everyone else rich

You’re better than average, right? I mean…you earn a decent income at your job, you’ve got a double-digit 401k, and you don’t have that much debt. Compared to everyone else, you figure you’re doing pretty good! In reality though, you could be doing so much better, and instead of becoming rich yourself, you’re making everyone else rich around you!

Don’t believe me?

Keep reading.

You’re Broke…and You’re Making Everyone Else Rich

Let’s think about it. What bills do you pay on each month?

Your car The house Credit cards Your student loans

And…then you spend a little extra on yourself each month – random tools, a new purse, going out to eat.

This is a pretty common list. Almost everyone on this planet can look at these items and nod their head in agreement. But you know what? This simple list is making you broke, and you’re making everyone else . . . → Read More: You’re Broke…and You’re Making Everyone Else Rich

What Should Your Net Worth Be At Your Age? Use This Formula to Find Out!

I was 23 years old, fresh out of college, and I just started my first big boy job making $33,000 a year. (It wasn’t a ton, but in the peak of the recession I was just happy to have something to build up my experience and hopefully land a better job later in life.)

I had debt – it wasn’t that much compared to some of the messes people make today, but I owed my parents $12,000 for the last year of college that I couldn’t quite afford (FYI – being a 5th year senior is NOT the way to go). Since I was a finance major, I was naturally curious about my net worth and where I stacked up against all the other 23 year-olds in the world. Much to my delight, I had just picked up the book, “The Millionaire Next Door” and found a net worth formula . . . → Read More: What Should Your Net Worth Be At Your Age? Use This Formula to Find Out!

7 Reasons I Bought a Crappy House Instead of My Dream Car

reasons I bought a crappy house

Remember that $75,000 car I was absolutely obsessed with a couple months ago? It was a black and white Ferrari 360 – one of the most beautiful cars I have ever seen. Man it would be awesome to drive that thing to work every day! Plus, we actually had the money in the bank to do it, so we went to the dealership and bought it, right? I mean look at this thing!

Wrong….

Instead, Liz and I bought a 100 year old, 3 bedroom 1 bath, fixer-upper house with the exact same price tag… $75,000…

7 Reasons I Bought a Crappy House Instead of My Dream Car

So what are the reasons I bought a crappy house instead of an amazing $75,000 car that goes 0-60 mph in 3.8 seconds? Well first of all, the car would probably kill us (I have no business driving something that . . . → Read More: 7 Reasons I Bought a Crappy House Instead of My Dream Car

How to Become a Stay At Home Mom – Interview with Laura Harris

stay-at-home mom blueprint

“Wee wee!! Higher mommy, higher!” Her cheeks almost shimmer with a reddish hue as she throws her head back and giggles with delight.

It’s Sunday. You wish this moment could repeat itself day after day after day…but the reality is you’ve got to take your kiddo to daycare tomorrow. She’ll pout, whimper, and probably throw a tantrum again… All she wants in this world is you, but you’re dropping her off with strangers for 9 hours a day…

Oh how you wish staying at home was possible, but it’s just not the reality of this world anymore, right? Doesn’t every parent need to work these days?

Honestly, no.

And that’s why Laura Harris has written the eBook, “The Stay-At-Home Mom Blueprint“. The book is only $10. Use the promo code “LIFE40” and you’ll get it for $6.

Laura has successfully fought her way back home. She’s now a full-time mom . . . → Read More: How to Become a Stay At Home Mom – Interview with Laura Harris