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...
How Does Inflation Impact Retirement?
Though the rate of inflation has decreased over the past two years from a high of 9%, many consumers are still worried about rising prices. This is especially true for retirees, who don’t have the ability to earn more money and offset an increased cost of living.
Why Stocks Are The Greatest Asset Class
One of the questions I get asked the most often is, “What should I invest in?” While the right answer depends on a host of factors including your risk tolerance, financial goals, and more, I’ve slowly converged toward one asset class in particular—stocks/equities.
Why Haven't Home Prices Dropped?
Last month the median U.S. home sale price hit a record high of $387,600, according to Redfin.
Is Maximizing Credit Card Rewards Worth It?
Credit card rewards: are they a free lunch, a waste of time, or a bit of both? I’ve often thought about this question over the years as I signed up for different credit card reward programs and chase appealing signup bonuses. However, my thinking has changed a bit since getting my first rewards card back in 2012.
How Does The Stock Market Perform In An Election Year?
With the U.S. Presidential election set for a rematch in November, many investors are wondering how the U.S. stock market might perform in the months that follow. While predicting the future is never easy, using history as a guide can be useful for understanding how markets might react to a Biden or Trump victory. To this end, I have written this blog post which will cover:
Bitcoin And Gold Won't Save You
With the rise of AI, the growing U.S. debt, and the looming possibility of WWIII, there’s been some discussion about how to invest in case society collapses. Though these conversations tend to be overly dramatic, most of the theories around how to allocate your money for the end of the world are misguided.
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.