Bear market investing strategies are difficult to execute. Not many people watching their investments go down in value can still stay calm and collected. The good news is that bear markets typically last for a much shorter period of time than bull markets — usually months vs. years and decades. If you are crafty, you […]
Is there a stock market crash ahead? There’s always that possibility, however slim. Yet market ups and downs, sometimes called “volatility,” is more normal than a lack of it. A significant decline or loss of statistical paper wealth is nothing to celebrate, yet it is no reason to panic, either. A stock market crash, slump, […]
It seem like everyone is looking for things to sell online. But how many resellers of cheap Chinese factory items does the Internet really need? There are much easier things to sell for a profit online, stuff you can find and flip with zero to little startup costs. Just know your your market, where to […]
The biggest personal finance mistakes are often the most common. While some personal finance mistakes can be rectified, others could prove costly for you in the long run. Here’s a look at some of the biggest personal finance mistakes everyone makes and that you should avoid.
A new survey from Merrill Lynch finds that more than 80% of parents are paying all of their adult children’s expenses. Meanwhile, savings for retirement among the baby boomer generation remains dismal. Learning how to cut off adult kids and teaching resilience is key to avoiding poverty in old age. Should you cut off adult […]
If you are an investor who is looking to diversify your portfolio beyond stocks and bonds, alternative investment ideas are all around you. Investing in alternatives can be an effective way to reduce portfolio risk and volatility. What’s more, they can increase your overall returns in the long term. “Alternative” is a term that refers […]
Personal finance is rife with misconceptions, myths, and bad advice. For many, bad advice is why you are not rich. Following the wrong advice and making bad investment decisions can make it difficult for you to reach your financial goals and prevent you from getting rich in the long term. Here are seven personal finance […]
Are you all set to bid adieu to your full-time job in 2019? If you are just retired, there are a number of things you need to do to make sure you are well prepared for your post-retirement life. Here are seven important financial ideas that can help you stabilize your situation after your retirement.
Home ownership involves a multitude of expenses. So is a home warranty worth it? One way to efficiently protect your home investment — and save on every day home system repairs and appliance replacement — is to invest in a home warranty policy. These policies pay to repair or replace your major home appliances if necessary. Here […]
One of the hardest decisions that a retiree will have to make is determining where to live during retirement. Mental and physical vitality depreciates incrementally with age. It can also be emotionally and physically prohibitive for some retirees to live on their own as they age. Financial independence is an issue as well. According to […]