Many basic principles about saving and investing don’t change. But plenty of other things do, including the economy, tax law and employment trends. So we asked leading personal finance experts to share with us the best money advice they ever received, as well as what they would tell today’s new graduates. Here are their responses, … Continued
Superinvestor Seth Klarman has famously said that investments are assets that produce cash flow. If they don’t, they’re speculations. It’s a simple but astute observation that undercuts what many consumers consider investments — things like gold and handbags and baseball cards. So what’s the logic behind Klarman’s quote? Investments are assets that provide goods or … Continued
“Ask Brianna” is a column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a job and pay off student loans — all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to askbrianna@nerdwallet.com. This week’s question: … Continued