If you’re just now getting your tax refund or stimulus payment, or you just haven’t spent them yet, here are 7 tips on how you can use the money toward investment. Investment Tips You Should Keep in Mind For Your Tax Refund: Make sure you have emergency cash available Contribute …
Read MoreInvesting in property is a great investment, even if your financial situation requires loans to do so. While many people will advise that you do not invest in property without paying cash, investment property loans are not as bad as some people consider. Of course, it’s ideal if you pay …
Read MoreAs millennials look into their best retirement options, they still have time on their side as an advantage. However, not all 401(k) funds are the same, and some are better suited for those who were born in the early 80s through the mid-90s. Here’s a look at some of the …
Read MoreThere is some talk (some, ha) that the Federal Reserve is on the brink of raising interest rates again soon, possibly even before the end of the year. Considering the fact that the year is almost half over as it is, that’s not much time before your bonds and other …
Read MoreIt’s been said that the American dream is to own a home. But what about owning more than one home? Not everyone has any interest in owning more than one home, especially when it comes to owning a rental property. I never did. I was perfectly happy owning just the …
Read MoreFor a lot of people, the word “investing” is synonymous with the stock market. We imagine green and red stock tickers, busy daytime hours on CNBC, and complex trading platforms where we can manage our portfolios. We recently wrote about how to successfully start trading online, and for a lot of …
Read MoreHow Younger Generations Expect to Retire; Avoiding Spending Hangovers When You Make Bad Financial Decisions and the 3 Most Common Investing Mistakes. How Younger Generations Expect to Retire, Where Their Income Will Come From Millennials and Generation Z may face a unique challenge as they grow older, considering they have …
Read MoreAre you struggling with debt but still want to invest? Sounds like quite a dilemma, doesn’t it? The truth is, whether you decide to invest your money or pay off debt, you’ll need to put forth some effort. Both of these incentives require money. Where do you start? The first …
Read MoreCongratulations! If you’re reading this because you have your first $10,000 to invest, you are already far ahead of the average American, who has a mere $4,830 in their savings account (according to a study by MagnifyMoney). Give yourself a pat on the back for being above average, but know …
Read MoreDid you know that you don’t have to be rich in order to be financially independent? All you need is to have enough in cash flows or assets from sources other than a day job in order to cover your costs. It might be a journey to get there, but …
Read MoreIt’s a simple truth that most people in their twenties don’t exactly make it a priority to start building up their wealth. After all, there are other concerns to worry about, such as building up your career and social network. However, taking the time to build up your wealth while …
Read MoreThere’s no doubt that as we get older, our investment strategies tend to become more conservative. This is especially true for the approximately 10,000 baby boomers who retire every day, and are counting on those investments to provide their retirement income. However, it’s unwise to simply base your investment strategy …
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