Nick Maggiulli

Nick Maggiulli

COO & Data Scientist, Ritholtz Wealth. Author, OfDollarsAndData

About
Nick Maggiulli is the Chief Operating Officer and Data Scientist at Ritholtz Wealth Management, where he oversees operations across the firm and provides insights on business intelligence. He is also the author of OfDollarsAndData.com, a blog focused...
Invest For The Decades, Not The Years
A little over two years ago, I published Just Keep Buying: Proven ways to save money and build your wealth. Back then, it looked like my timing couldn’t have been worse.
Where You Should Put Your Money (And When)
One of the biggest problems people have when it comes to money is figuring out what to do with it and when. Should you save up an emergency fund or pay off your debt first? Should you max out your 401(k) or invest more into your taxable brokerage account? Is it better to pay off your home early or invest your excess savings in stocks?
Should You Rent Or Buy A House?
Buying a home is often considered the biggest financial decision people make in their lives. As a result, it makes sense as to ask yourself whether buying is the right choice when compared with renting. Unfortunately, this decision can easily get bogged down with the many assumptions and costs that go into renting vs. buying a home.
More People Buy, Number Go Up
Bitcoin (CRYPTO: BTC) hit a new all-time high last week and I felt nothing. No FOMO. No regrets. Nada. I still own more than half a Bitcoin, but my thinking on crypto has changed quite a bit since Bitcoin was last at $69,000.
The Case For And Against Dividend ETFs
One of the most common questions I get asked when it comes to which kinds of stock ETFs/mutual funds to invest in is: What do you think about dividend paying ETFs?
Millionaires Don't Use Astrology, Billionaires Do
I recently read this New York Magazine article written by Reeves Wiedman (his name will be relevant
The Most Overrated Things In Personal Finance
In the world of personal finance, we are constantly bombarded with messages about the “one thing” that could significantly improve our financial lives. Whether it be a particular kind of investment, a novel mindset, or the latest money-saving technique, there’s no shortage of ideas on how to get ahead.
Should You Invest In Stocks at All-Time Highs?
With the U.S. stock market hitting four new all-time highs last week, the question on many investors’ minds is, “Is now a good time to buy stocks?”
Can You Retire At 30 With $10 Million?
Last week on Twitter/X, there was a big debate around whether it was possible to retire with $10 million. It all started when Twitter user Zay Capital (@cap_zay) tweeted:
Should Your Portfolio Be 100% U.S. Stocks?
Last week Austen Allred started a huge debate on Twitter/X after tweeting:
Will 2024 Be An Up Year For The Stock Market?
With 2023 drawing to a close and the U.S. stocks up over 20% year-to-date, many investors are wondering whether this year’s market momentum will continue into next year. Of course, we can’t know the future, but market history has been a great guide in recent years.
Doing The Thing Vs. Selling The Thing
There’s something I’ve noticed about some people who make lots of money online—they derive the bulk of their income by selling other people on how to do something rather than doing that thing themselves. 
What Is Liquid Net Worth? (And Why It's So Important)
Net worth. It’s the be-all-end-all for benchmarking your financial progress. Or is it?
The Downsides Of Diversification
The benefits of diversification have been known for over half a century. In the early 1950s, Harry Markowitz demonstrated that there exists an “optimal” portfolio which has the highest investment return for a given level of risk. For his work, which created the field of modern portfolio theory (“MPT”), Markowitz won a Nobel Prize in Economics in the early 1990s.
The Racial Wealth Gap Is Shrinking, But Problems Remain
The racial wealth gap has long been an issue in the American economic landscape, shining a light on the intersection of wealth inequality and race relations within the United States. Fortunately, newly released data from the Federal Reserve suggests something hopeful—the racial wealth gap is shrinking.
What Is The Average Net Worth By Age?
Do you want to know how you are doing relative to your peers financially? Then this is the article for you.
How To Invest During Times Of War
With last week’s Hamas terrorist attack and the swift response by the Israeli government, war has once again taken over the global conversation. While the financial costs of war pale in comparison to the human costs, many investors are rightly worried about their portfolios.
Is The U.S. Stock Market As Bad As It Seems?
In the past few weeks the U.S. stock market has erased all of its gains over the past few months. The summer of 2023 came and went and we have nothing to show for it.
The 4 Types Of Leverage To Supercharge Your Income
Do you know what separates the rich from the superrich? Leverage. And, no, I’m not talking about the “borrowing money to invest” kind of leverage. I’m talking about the leverage that determines how much output you get for each unit of input.
The Top High Income Skills For 2023 And Beyond
With the recent rise of AI large language models (“LLMs”) such as ChatGPT, there’s been a lot of discussion about which jobs might be automated away in the future.