Millionaire Teacher

To stay out of harm’s way financially, we need to build assets, not debts. One of the surest ways to build wealth over a lifetime is to spend far less than you make and intelligently invest the difference.

When I tell young parents about the power of compounding money, they often want to set money aside for their children’s future. “Setting aside” money for a child, however, is very different from encouraging a child to earn, save, and invest.

What’s the Difference between an Index Fund and an ETF?

markets go completely nuts—dropping by 20 percent or more—it’s a good idea to take advantage of it if you can.

I used portfoliovisualizer.com to see how these recommended funds performed since the article’s May 2010 publication.

with global exposure. A total international stock market index would fit the bill.

Historically, I’ve preferred market orders. I’ve liked knowing that my order will get filled and that I won’t ever have to chase a higher price the next day. But Dan Bortolotti makes some excellent points. They’re concepts I could learn from. They’re especially important if you invest large amounts or if your ETF is thinly traded.

Compound Interest—The World’s Most Powerful Financial Concept

Let’s assume that two Singaporean twin sisters decide to invest in a US index. One of them buys the S&P 500 Index Fund through Fundsupermart. The other chooses to go with Vanguard’s low-cost S&P 500 ETF that charges just 0.08 percent annually. She could buy the ETF through any number of Singapore-based brokerages, including DBS Vickers, Sta