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 […]
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 […]
Real estate, mutual funds, bonds, and stocks are popular investment opportunities. It is smart if you are focused on all or some of these investments, but you might be ignoring another promising investment option where the competition is far lower. It’s called farmland investing. Here are five safe and proven ways to money in farmland […]
We live in an era where everyone follows weekly unemployment numbers with ever-increasing alarm. Since the coronavirus pandemic began nearly a year ago, weekly unemployment insurance applications averaged anywhere between 750,000 to more than 1 million. However, one number that people don’t consider much anymore is the average American salary (and for obvious reasons). As of […]
When the government levies its tax bill, it expects you to pay. However, people often pay more than their fair share of taxes, which means a loss of income. Conversely, when you discover tax-saving tips, you’ll end up boosting your income. The tax laws change often. Most people don’t realize this and continue paying the […]
Real estate investing has seen quite an upswing in sales. The demand is high, and the short-term outlook is good. But do you need to be a real estate mogul to participate in this market? Financial advisors tout the benefits of diversifying portfolios into different asset classes. These advisors often suggest real estate as a […]
Oil has been down since late February 2020 and even was going to negative $37.63 per barrel in April for a short time. While oil has risen since then, it has been trading in a very narrow range between $34.50 and $43.69 since June. With oil trading sideways, it allows for an outstanding put selling […]
The Federal Reserve has stated that it will keep printing money until it has achieved its dual mandate of full employment and 2% inflation. The Fed is nowhere near achieving either of those targets, so rates will continue to stay low for a long time — Fed Chairman Jay Powell indicated recently that timeline could […]
If you’re a buy-and-hold investor looking for great, steady dividend players, chances are you’re leaving money on the table. A lot. At least enough to double your dividend or more. How? By using of one of the safest, lowest-risk options trades out there — covered call writing. When you write a covered call, you’re essentially […]
Currently, most money market funds or bank accounts offer little to no interest, effectively making funds held there dormant and not working in any way for you. So I’ve designed and am currently personally using a simple cash alternative portfolio built around low cost Vanguard Exchange Traded Funds (ETFs). The portfolio I have set up […]
