Investing can be intimidating. It may seem complex and at times confusing, especially if you don’t have a background in finance. But the truth is anyone can improve their investing skills by focusing their efforts in the right areas.
Learning from the expertise of other successful investors is one of the most effective ways to become a smarter investor yourself. In particular, it can be helpful to get firsthand accounts from real investors—whose own experiences may be more relatable than the generic “how to invest” tutorials.
5 Personal Finance Blogs to Follow
Here are a few of our favorite personal finance blogs that we think provide helpful information on growing and managing your investments, especially for newer investors. In writing about their own personal experiences, these bloggers give great details on the ins and outs of many types investments, and how they’ve been able to meet their own personal goals.
Sam Dogen is an ex-Wall Street employee who founded Financial Samurai in 2009 when he left the corporate world after the financial crisis of 2008. He’s built his website with the goal of helping others find financial independence through sustainable and diversified means of income. Dogen shares his insight on real estate, stocks, bonds, and private equity as well as his take on various financial products.
Modest Money was founded in 2012 by Jeremy Biberdorf to establish a turning point in his life and to help others learn from him while he learned to live modestly again. Since then, its readership and coverage has expanded. With four expert contributors, Modest Money now keeps readers up-to-date with real estate, the stock market, currency and commodities. They also provide investing tips and recommendations for investment books and financial products.
Andrew Fiebert and Thomas Frank started Listen Money Matters in 2012 with the goal of becoming the ultimate personal finance blog. The duo attest that each piece of advice that they dole out has been personally researched and tested. Topics including income, debt, budgeting, and investments in real estate, stocks, bonds, and more. They also offer a financial toolbox of useful resources to help you invest, budget, travel, or start a business. Their firsthand encompassing experience coupled with their direct approach to financial advice is refreshing.
Cash Cow couple is run by two brothers and their wives who have experienced and overcome the financial pitfalls that many of us fall into, including debt and financial strains. One brother is now a CPA and the other is finishing a Ph.D. in Financial Planning. The team provides advice to eliminate debt, invest, and plan for the future to ultimately reach financial independence.
Rob Erich is a nomad who specializes in advice to facilitate a “location-free” existence. As a digital nomad himself, Erich provides his personal insight into investing, online entrepreneurship, travel, and avoiding student debt. While this blog may seem more geared toward travelers, it is helpful for anyone craving more financial and personal freedom.
In the Digital Age, there is a lot of helpful information at your fingertips. Taking advantage of it can be useful for all investors—even those not interested in being an active investor. Understanding what you’re investing in and how those investments fit in the larger investment landscape is critical to making sure you’re positioned to benefit from an efficient, well-diversified portfolio.