Do You Really Even Need a Financial Advisor?

Your financial advisor may have the expertise, but are they making the smartest decisions with your money? August 31, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Phil Town lays out why you don’t need a financial advisor to help you invest your money in a smart way.  For example, Town says that investors with advisors rarely beat the market, and the high fees that go to a financial advisor can often cut into half of your retirement savings. Financial advisors will charge you regardless if they make any money for you. Town mentions most advisors are unafraid to lose your money, since their pay is based off your initial investment. Town provides potential alternatives for those looking to invest. Instead of giving your money to a financial advisor, you can opt to put your money into an index fund. This may yield higher […]

Read more

What ‘Earnings Per Share’ Really Means for Your Investments

The helpful calculation can also require some critical analysis. July 27, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. As many investors know, one of the basics of investing involves the measurement of “earnings per share.” The basic formula for EPS is as follows: net income divided by average outstanding shares. In this video, Entrepreneur Network partner Phil Town breaks down how EPS is an especially helpful indicator of a company’s growth. Often EPS is a good metric to give individuals an idea of how well their investments are doing.  Big company owners can benefit from looking at total sales since they have a larger stake in the company. But for the average investor, there is often more to decipher than just the face value of total sales. Town explains companies can hide aspects of their profitabilty behind total earnings — including cases of buying back stocks or deluding […]

Read more

What You Need to Know About a Company Before Putting Your Money Behind It

Make sure you trust and understand a business first. June 22, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. When putting together your portfolio, it’s important to choose your investments wisely. One bad decision can cripple your overall investment trajectory, and of course, at the end of the day, you don’t want to lose money. In this video, Entrepreneur Network partner Phil Town offers some guidelines to make sure the companies you choose won’t backfire on you later. Go for stocks that you believe in and understand. If you are not completely sure what the company does, it may not be right for you. Also, you want to pay attention to whether the company you’re investing in is trustworthy. Does the CEO’s pay reflect the value of the company? Are the executives speaking honestly or are they sugarcoating the reality of the company’s details? These, among other tips, can help you […]

Read more

How to Invest the Passive Income You Earn from Business with Ryan Moran

One thing I’ve never discussed here on the blog or podcast before is what I do with the earnings I generate online. I can tell you, however, that several people have asked me about it though. Generally, I’ve been less open about what I do with my earnings compared to how I generate an income online, but I’ve shared a few things here and there. For example, I’ve put a bit aside into respective 529 plans for my kids’ education, I’ve reinvested some of that income into back into my business and building my team (and my own business education), and I’ve barely mentioned that I have an emergency fund, invest into retirement accounts (solo 401k) and even put a chunk of my earnings aside each month into a managed account over at Wealthfront. Plus, I donate quite a bit to charities and organizations (usually anonymously), such as my support for Pencils of […]

Read more
1 2