You’ve heard of people investing in gold in case financial catastrophe hits. Is it wise? Well it depends on how bad you expect things to

You’ve heard of people investing in gold in case financial catastrophe hits. Is it wise? Well it depends on how bad you expect things to
Do you choose to be rich or poor? Decide now! Everyone would choose to be rich however their behavior shows that they in reality want
So let’s say you get a bonus at work or the government gives you $1200 or some other amount of money. Maybe you get a
So stock prices are falling like a rock! I am scared to invest! Perhaps you should be. Or maybe you should think like a predator
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
So you’ve read the news about climate change impacting some person that lives on an island nation in the South Pacific that is going to
I recently read an article that said Millennials and the generation after them are afraid of investing. Interesting. Perhaps some education is in order. I
Retire at 35 and sail away to Bali! What a plan! While this is admirable in my book it’s not very realistic for most people
Modern Monetary Theory = MMT What is it? Politicians may start talking about this in economic debates and we are already using it. The theory
Inflation. What does it mean? It means the money tomorrow is worth less than what it was yesterday. The money has less purchasing power. Have
You’ve heard of people investing in gold in case financial catastrophe hits. Is it wise? Well it depends on how bad you expect things to
If you have a property and own it you can put it to work by renting it out. You can’t rent out your rental apartment
If you want to trade stocks you can do that through brokers. These come in full service and discount. Most people use discount online brokers
Excellent ETFs: ETF are exchange traded funds sold on the market. They may be portfolios of stocks in a certain sector such as energy, technology,
Real Estate Funds: These funds invest in REITS and public real estate stocks. REIT= real estate investment trust. Usually they can be broad market, sectors
Mutual funds are great for beginners. Why do I think this? They allow one to get in on the action of stocks, bonds and real
Now that you know a little about saving and investing it’s time to dig in a bit deeper. Here are some resources for newbies to
Time shares: No, don’t take the tour and sign up! While this might seem like a good idea they are hard to sell once you
Rule #1: Set up an emergency fund in liquid savings with 6 months of living expenses. You will need money if you get laid off
“Only little people pay taxes!” That is a famous quote from Leona Helmsley. A rich hotel owner from NYC in the 1980s. She was known
There is a subtle difference between investments and savings that many people don’t understand fully. The purpose of saving is to not spend and accumulate