30 Day Financial Cleanse Day 21: Explore Investment Strategies

As a reminder this post series is all about getting a handle on your finances!  I heard about Personal Capital, a personal finance software company, and their 30 Day Cleanse and decided to take the pledge and encourage my readers to do the same!


Using a mix of low-cost ETFs or index funds is best for beginning investors; Vanguard, Betterment, & Personal Capital offer great strategies.

As mentioned yesterday, I have worked with my financial advisor at Fidelity to help me choose my investments. I am not an expert so they do offer a service where they do the investments for me for a small fee. I am not a huge fan of the fact that I am paying a fee for this service so I may make a change in the near future. According to a study, presented on Last Week Tonight with John Oliver, a cat choosing the investments had just as success as financial advisor (see clip here) so I am not sure spending money to have someone invest for me is the best option. But then again, I do not feel knowledgeable so for now, I have left it as is. 

Any one have an index fund? Any advice for me?

Stay tuned for Day 22: Choose Your Allocation

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