Jacob Lumby

LendKey Review 2017 + $100 Bonus

With more than $1.5 Billion in funded loans to date, LendKey is one of the most promising providers in the student loan space. Offering private student loans as well as student loan refinancing options, LendKey has partnered with more than 250 community banks and credit unions across the United States to emphasize better customer service and …

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What is Modern Portfolio Theory?

Modern Portfolio Theory (MPT) is the framework behind the investment concept of diversification, which posits that investors can minimize the volatility of their portfolio and maximize their expected return by investing in diversified portfolios of financial assets. Nobel Prize winner Dr. Harry Markowitz introduced Modern Portfolio Theory in his 1952 publication “Portfolio Selection,” where he demonstrated …

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Discover Bank Review: Checking, Savings, CDs + $200 Bonus

Vanessa and I have been Discover Bank customers for almost six years. We maintain bank accounts and credit cards with Discover because the company continues to emphasize quality customer service while offering competitive products. In addition to 24/7 customer support (based entirely in the U.S.A), Discover Bank offers competitive interest rates and generous rewards through a …

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What is Considered a Good Credit Score?

Credit scoring models analyze your credit report(s) and generate credit score(s) using the information in your report. A higher credit score is always preferred, but there are no definite guidelines that establish a “good” or “bad” credit score. Every business sets its own internal credit standards when determining lending rates or other credit-based decisions. With that said, one …

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Personal Finance Resources

We frequently receive questions about financial products and services from readers, so we thought it would be helpful to put together a comprehensive list of the providers that we feel are most beneficial. We spend a good amount of time researching the best financial options. You’ll have to do your own research to decide if these services work …

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Wealthfront vs Betterment vs M1 Finance: Which is the Best Robo-Advisor in 2017?

Betterment and Wealthfront were the first independent robo-advisors to launch in the United States. Nearly a decade later, these two firms still lead the pack, but newcomer M1 Finance offers innovation and unique features. If you are looking for the best robo-advisor to manage your assets, each firm offers several unique advantages, and the best choice …

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Discover it® Credit Card Review 2017

Discover recently announced that the Discover it® Credit Card is offering a double cash back promotion. All cash back earned in the first 12 months of card ownership is doubled. That means 2% cash back on everyday purchases, 10% cash back on rotating categories, and up to 50% additional cash back through the Discover Deals shopping portal. …

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Ally Invest Review 2017 (Formerly TradeKing)

Ally Invest was formerly known as TradeKing. Ally Financial purchased TradeKing and rebranded the existing brokerage service in early 2017. Ally Invest is a discount online broker, allowing self-directed investors to buy and sell stocks, bonds, options, mutual funds, and forex. Ally Invest Platform Ally Invest offers several different ways to trade: a web-based platform, a streaming HTML …

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Motif Investing Review 2017

Motif Investing offers a unique combination of brokerage services and managed investment portfolios. A Motif trading account allows you to trade individual securities, participate in select IPOs, build customized 30-stock portfolios (called a motif), or choose from a catalog of professional and community-built motifs. A Motif impact portfolio is a fully-automated investment portfolio aligned with your …

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