Your credit history is one of the most important measures of your creditworthiness as a consumer. A bad credit history can prevent you from getting the best deals on credit cards and loans, cause your auto and homeowner’s insurance rates to go up, affect your employment opportunities, and make it harder for you to rent […]
If there is one thing we could all use in today’s tumultuous economic environment, it is free money. While no one will pay you for doing absolutely nothing, there are several companies that will pay you for doing what you normally do. In other words, you can earn money without having to work for anyone […]
Real estate presents an excellent investment opportunity for anyone who wants to build long-term wealth. If you invest the right way, real estate can also be a significant source of passive income for you. The best part about investing in real estate is that there are a variety of properties and realty investment vehicles available. […]
Figures published by the government show that more than 60 million Americans depend either fully or partially on Social Security benefits for their livelihood during retirement. Clearly, for most seniors, Social Security is a vital component of retirement income. Here are four types of Social Security benefits you might be eligible to receive. Ordinary retirement […]
Financial experts generally recommend that you should save at least 20% of your monthly income in order to secure your financial future. So, if your post-tax monthly income from all sources is $15,000, your goal should be set aside $3,000 from it towards savings and investments. Here are five proven ways to achieve this savings […]
There are a lot of options for where to put your money nowadays. It’s important to weigh these different types of investments carefully. Think of the various types of investments as tools that can help you achieve your financial goals. Each investment type has its own general set of features and risk factors. Here are […]
After a negative performance in 2020 the energy sector has accelerated based on President Biden’s energy actions, including the suspension of new oil and gas permits on federal lands and waters and the cancelation of the Keystone XL oil pipeline project. Due to supply and demand the price of gas shot up $0.50 per gallon, […]
It has been quite an impressive market turnaround since the depth of the downturn back in March 2020, but the one big risk facing investors that they may not be fully positioned to take on is measurably higher inflation. Historically, inflation as measured by the consumer price index (CPI) has averaged 2.5% annually. Coincidentally, if […]
In this article I make a brief comparison of growth stocks versus value stocks, a topic often addressed by the mainstream financial media. Growth stocks typically offer a substantially higher growth rate as compared to the mean growth rate prevailing in the overall market. These stocks usually are priced higher in the market on several […]
Your everyday financial activities and decisions have an impact on your long-term financial health. Here are seven proven steps that will help you manage and improve your finances and create a more secure future. Begin with a prudent budget If you believe your financial position is shaky or inconsistent, it is time to create a […]
