Why the first $100,000 invested is the hardest (but the most important)
Here are some tips to help you get started.
5 min read
Aug 11, 2025
Bob Haegele
Contributor
Bob Haegele is a freelance writer who began his career in 2018. His expertise spans multiple financial topics, including investing, credit cards and banking. After earning a Bachelor of Science in information technology, he transitioned to writing after working for several years in health care IT. Before fully entrenched in writing, he briefly lived a nomadic lifestyle, visiting several countries. He’s now based back in his hometown of Chicago.
Besides Bankrate, his work has been featured in outlets such as Yahoo Finance, USA Today, Business Insider and U.S. News & World Report.
Bob's latest articles
-
-
Bull markets: What they are and how to invest during them
The length of a bull market can vary widely — some just months, while others can last years.
5 min read Jul 31, 2025 -
8 ways to get free financial advice
If you can’t afford an advisor, you still have places you can look first for free or cheap advice.
6 min read Jul 21, 2025 -
Asset classes, explained — and how they impact investment portfolios
Stocks, bonds and cash are some of the most prominent asset classes, but some investors opt for a few others.
4 min read Jul 21, 2025 -
Mutual funds: What they are, popular types and who they’re best for
Decide if mutual funds make sense for your portfolio with this guide.
7 min read Jul 03, 2025 -
What is Coinbase and how does it work?
This guide can help beginners get started with Coinbase, a popular cryptocurrency exchange.
6 min read Jun 26, 2025 -
ETFs vs. index funds: Key differences and similarities
Are these investments both ideal for the average investor?
5 min read Jun 26, 2025 -
Traditional IRA vs. self-directed IRA: How they compare
Compare the tax advantages and investment options of traditional IRAs and self-directed IRAs.
4 min read Jun 25, 2025