Not everyone is a financial guru when it comes to investing or managing long-term retirement plans. Even if you have the knowledge and insight, keeping up with the latest rules and economic trends can become exhausting and time-consuming, ultimately causing you to miss out on opportunities.
If you're considering selling your house in the future, it’s essential to understand the best home improvements for resale value. In order to get the most money for your house, your home must be in top-notch shape to attract buyers and get the highest offer possible — perhaps even a bidding war!
With the rise of online trading companies, it has become increasingly evident that investing and financial well-being weigh heavily on the minds of many Americans. These companies offer the promise of super-easy investing and outstanding returns.
So this pay period looks to be a great windfall. You'll have that extra bit to sock away for a rainy day. When we ask people what they plan to do with the extra money, many of them tell us that they plan to invest it toward their retirement.
If you’ve been watching the news in recent months, it’s hard to miss the “Gamestop Rebellion,” in which some ordinary people made waves and enjoyed massive gains by investing in Gamestop stocks. While it is possible to enjoy gains like this when all the stars align perfectly, it is equally likely to experience significant losses.
One of the most popular questions people ask is whether they should save their money or invest it. The simple answer: both. While investing your money traditionally earns more than a savings account, there are risks and downsides.
You’ve been making sacrifices for months, saving every little bit here and there to build up a nice emergency fund. Now that you’ve reached that goal, you’re faced with a daunting question: Do you invest that money to earn more or pay down debt?
The moment you walk through the front door, your phone rings. You fumble the smartphone out of your pocket and answer it eagerly, speaking with the job interviewer that you just saw an hour ago. They excitedly give you the good news as you can barely hold back the scream of joy.
Which would you rather do in the next few months? Pay off your credit cards, or build interest on the money in your savings? Most people will go for the latter option. Making more money on your savings appears like the most stable financial option.
Playing the stock market isn't the same as buying a lottery ticket, although Wall Street could be considered the biggest casino in the world. The fact is you are only risking a few dollars if you buy a lottery ticket. If you try to act as your own stockbroker, you could be putting your entire financial future at risk.
