I have been avidly reading Kiplinger’s Personal Finance magazine since I have been in college, when I would read the latest edition at the library.
While other financial periodicals have gone the way of the dinosaur, Kiplinger’s Personal Finance has been able to stick it out year after year!
- Periodical Name: Kiplinger’s Personal Finance
- Publishing Frequency: Monthly/ 12 issues per year
- Cost: $34.95 per year
- Recommended: YES
This review was originally published a few years ago but receives periodic updates.
What Is Kiplinger’s?
Kiplinger’s Personal Finance is a monthly publication about these topics:
- Stock and bond investing
- Money management
- Buying a vehicle
In my opinion, the magazine is geared more towards middle-aged GenX families and those nearing retirement, but they are including more content for Millennials.
Plus, their stock and mutual funds tips can be applied by any reader. Kiplinger’s advocates long-term investing and low-cost investing (no-load funds or index funds with low expense ratios).
Each month they have several columnists that cover a variety of topics.
Kiplinger’s Articles for April 2021
Here’s an overview of the articles from the April 2021 issue. The format is very consistent each month, but every few months they have their annual and “best stocks/ETFs/Mutual Funds to buy” and a mid-year checkup.
- Opening pages usually provide a brief summary of the latest financial trends
- In this issue, you can read short articles about potential tax changes and monitoring credit reports
- Up to three articles on investing in individual stocks that are normally 1 to 4 pages in length.
- Examples include investing in tech stocks or small caps
- Three short articles on mutual funds and ETFs.
- Normally more focused towards mutual funds and the “Kip 25” (Kiplinger’s mutual fund & ETF select list)
- Other topics might focus on a specific brokerage (i.e. Fidelity) or investing themes (i.e. small caps, infrastructure, or ESG funds)
- One article about bond investing
- One or two articles on retirement planning & managing money when retired
- One or two articles on real estate & living (i.e. 10 Best Places to Retire or 10 Cheapest College Towns For 30-something families)
- One short article a piece on the best rates for bank accounts or credit cards, automobiles, and technology.
*Every issue can vary a little but the bulk of the magazine consists of stock recommendations & money management for retirement.
I personally use Kiplinger’s along with Motley Fool Stock Advisor to find most of my investing ideas. Both outlets recommend growth stocks that can fit most portfolios.
Why I Keep Reading Kiplinger’s
I like Kiplinger’s because it’s not all one big advertisement. I opened up the pages to my wife’s subscription to a lifestyle magazine and literally, every page was an advertisement. Even the articles were so busy they looked like advertisements themselves.
“Kip” does have advertisements every few pages (it’s how they pay their rent) but are tastefully spaced between articles.
As I mentioned before, I am most likely an outlier from my peers because I read this magazine. But how many people think financial advice is cool?
In my free time, one of my hobbies is reading the news & finance.
I used to have subscriptions to several finance magazines: Money, Forbes, Barron’s, Wall Street Journal, and Smart Money. In addition to an occasional investing strategy newsletter that I would subscribe to for a year or two, just to see a different perspective.
Of those listed, Kiplinger’s is the only one I still maintain a subscription due to the lack of time to read (I got married and have three children so far) or the magazine went out of print 🙁 (Smart Money).
Also, Kiplingers is more reasonably priced than Barron’s when it takes me several weeks to read the various articles.
Discover my 6 favorite stock investing newsletters. Kiplinger’s is one of the recommendations.
I like Kiplinger’s because it is affordable and because it’s a monthly publication.
I have all month to read the articles that are concise yet full of knowledge. The investment articles don’t require immediate action as you can buy the stocks or funds later and still potentially have a great return.
But I’ve had a few investing failures too as no publication is perfect.
I enjoyed the content, but life is busier than only sitting on the couch with a magazine in my hands.
Good Investment Ideas
In the internet age, you can get stock recommendations in quicker, more efficient methods. You can argue this makes printed publications “obsolete.” I even occasionally visit several websites where people have up-to-date similar investing information.
With all the ups & downs in the market, it’s still a good idea to scan the market headlines to maximize your earning potential. I read a daily digest from one of my free investing tools.
But I like the well-balanced and detailed articles of Kiplinger’s. I think its strategy is timeless and pairs well with the advice you might receive from the broker or read on the internet.
Money Management Articles
Their money management articles are also what keep me a subscriber. The articles get me to think and evaluate my own financial decisions and what I can do differently to save enough for retirement.
In a nutshell, Kiplinger’s provides the basic investment advice that can allow you to generate decent passive income while helping you make daily money management decisions to help you live your life today and during retirement.
Kiplinger’s Pros & Cons
I will quickly summarize what I like & dislike about Kiplinger’s Personal Finance
- Great, Affordable Magazine For Beginning & Experienced Investors
- Not very technical like other publications so anybody can read it and understand their recommendations.
- DISCLAIMER: With any investing, some individual thought is still required & you need to make the decision you feel is best.
- Good mix of conservative & aggressive investing. (No “penny-stocks” however.)
- Articles on investing, real estate, insurance, and retirement in a single publication.
- Not overwhelmed with advertisements 🙂
It only costs $35 to subscribe which means it can be easy to recoup your subscription cost with one winning stock or simply using their money management tips to spend less in your daily life.
Paying 35 bucks is cheaper than most stock newsletters that only recommend one stock per month. You will still need to research the investment ideas but you should do that when getting advice from any platform.
- Published Monthly (Some info could be old & commonly known for free by the time you receive the magazine).
- Admit it, we love having an unlimited abundance of information instantly available even though we all suffer from “information overload.”
- More geared for people nearing retirement…but their stock tips and Gen X/Millennial-specific advice help ensure this magazine offers something for everybody.
Will You Read Kiplinger’s?
Do you like reading information about financial advice? If so, I think Kiplinger’s is a good read. For $35, it’s an affordable way to get sound financial advice.
It’s cheaper than other investment newsletters that you might receive advertisements for in your mailbox. Plus, they offer more than just investment advice.
Do you read Kiplinger’s or another financial magazine? Do you prefer print or digital subscriptions?