Reader Case: Young and Worried About Finances
Hi y’all! It’s been a while since we wrote a reader case hasn’t it? Well, back by popular demand, here’s one from a 25-year-old who’s worried she’s behind the curve when it comes to her finances: “I just finished reading Quit Like a Millionaire (in one day, couldn’t put it down!) and I am feeling very inspired. However, I am NOwhere near where I should be at age 25 with my finances. I’ve been putting off creating a budget, retirement plans, and saving since I graduated college and I’m not sure why. I feel like there are probably a […]
From Junkie to FIRE
I am continually inspired by people who take the time to write to us and share their story of how they overcame their own personal hang ups about money, life, or whatever to get on the path to FIRE. We’ve all been there. I myself grew up in abject poverty and suffered from a brief addiction to purses. But some people had it even worse. Some people were actual addicts. And that’s who we’re talking to today. Ryan, thank you talking to us. You have quite a unique journey in that you were homeless and a drug addict at one […]
Investment Workshop 56: How Does the WealthSimple Portfolio Stack Up?
Hello again and welcome back to the Millennial Revolution Investment Workshop! New readers, please click here to start from the beginning. Last week, we took a look at WealthSimple’s user interface. Since the entire point of Robo-Advisors is to be user-friendly, I was expecting a pretty, easy-to-understand flow and in this case, WealthSimple didn’t disappoint. But to be honest, pretty much every Robo-Advisor is user-friendly. A Robo-Advisor that opens up with a view of complicated charts and spreadsheets wouldn’t last 2 days in this space before going down in flames. But we do know that behind that user-friendly sheen is […]
Investment Workshop 55: Wealthsimple
Hello again and welcome back to the Millennial Revolution Investment Workshop! New readers, please click here to start from the beginning. So today we’re going to take one of these Robo-Advisors out for a test drive. Sound like fun? That’s because it is! Our Robo-Advisor that we’ll be evaluating will be WealthSimple. Why WealthSimple? I’ve actually been following WealthSimple for a few years now and have really been impressed by their company’s growth from a relatively small Toronto-based fin-tech startup into the stable, mature company it’s become. At various times, I’ve also played around with their interface and have always […]
Investment Workshop 54: What About the Robo-Advisors?
Hello again and welcome back to the Millennial Revolution Investment Workshop! New readers, please click here to start from the beginning. Hello again! It’s been awhile, hasn’t it? We first did the Investment Workshop in late 2017, and since then I’ve been inundated with emails saying how helpful it’s been (thanks everyone!), but one glaring question people keep asking me is: What about Robo-Advisors? So I thought now would be a great time to address this by adding a section about them to the end of our existing Investing Workshop. While my own personal investing style is to do everything […]