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How Can I, a Broke Recent Graduate, Start Investing?

This is a guest post by Eric, who keeps a personal finance blog, Narrow Bridge, and an Israel blog, The Israel Situation.  He is a financial analyst and MBA student in Denver, Colorado. When I graduated from college and got my first job, I was excited.  For the first time ever, I would have real […]

Investing for Broke College Students

Investing for Broke College Students

How can a poor college student, that doesn’t have $1000 on hand, start investing? – A PTY reader Your boat is my boat, my friend! It’s hard to scrape together enough money to put gas in my car – how can I save up enough to start investing and take advantage of sweet, sweet compound […]

My Imaginary 401(k)

“So, Stephanie, if compound interest is so amazingly wonderful, how come people wait to invest? How come people don’t think about like, 401(k)s until they’re in their 30s?” “My guess? People don’t realize just how amazingly wonderful compound interest really is. And they think they’ve got all the time in the world. Also, it’s not […]

No, I Don’t Think You Should Open a Roth IRA

I do, in fact, have a love affair with the Roth IRA. (If you’re unfamiliar with it, J.D. has an excellent explanation of the Roth.) But, it is an unrequited love – the Roth does not love me back. Someday, it will. Someday, I will open my own Roth IRA and my money (and love) will […]