Many investors believe that real estate investment trusts (REITs) are similar to bonds and hence should be avoided during times when interest rates are rising. However, the data simply does not support this belief. Refer to the results of a recent study shown below that spans twenty years done by REIT guru Cohen & Steers. […]
When most people retire in the United States, they are usually looking to settle in high-cost-of-living areas. While big cities have a lot of activities, they are expensive to live in. And living in one can exhaust your retirement fund quicker than you realize. If you are willing to try quiet living, there are many […]
Ever wonder why you have no money? What’s the difference between rich people and people who have no money? It’s not the money part. It’s just habits. Becoming rich requires valuing money as a tool that will maintain your financial independence, and not as a way to just gain something in the short run. There […]
A rising interest rate penalized savers, especially retirees who rely on safe, reliable incomes. As they rise, savers will see modest gains on their cash deposited in money market accounts and certificates of deposit. A Federal Reserve rate increase will not immediately affect your bank interest rate, as deposits in banks are already high. Banks […]
There are many wealthy professionals and business owners who put off estate planning. Unfortunately, the only beneficiaries of this procrastination are the courts and lawyers. Inaction is the most significant estate planning error, but there are several other major mistakes that may occur. Below are four common errors that can prove to be disastrous. Failure […]
Thinking of buying a franchise? Starting a new business is a risky endeavor. There is absolutely no guarantee of success or profit. Many new businesses barely make enough money to break even against expenses. More than one in five businesses fail within a year. Well over half of all businesses fail after five years in […]
When it comes to buying a car, you can get ripped off easily. The average cost of a new car is $40,000. That means more Americans are opting to buy used cars. And just because the typical used car costs half that of a new car won’t make getting ripped off hurt any less. Here […]
The stock market constantly moves in cycles. Over its history, the tendency of the stock market is to move upward. However, there have been many periods that it will trend lower. Sometimes for days, but other times it can be weeks. Most retail investors look at a falling market as scary rather than an opportunity […]
Life is full of unexpected expenses and financial obligations that may require additional funds beyond our immediate reach. In such situations, a personal loan can provide a valuable lifeline to help you bridge the gap. However, securing a personal loan requires careful planning and consideration. In this blog post, we’ll guide you through the essential […]
Bonds are a popular investment option for those seeking to earn a fixed rate of return on their money. Buying bonds directly from the U.S. Treasury is a straightforward process that can provide investors with a safe and stable source of income. By understanding the different types of bonds sold by the Treasury, investors can […]
