Are you getting the best rate of return on investment? Kiplinger's Personal Finance Magazine annually discusses ways to boost your investment yield in their latest issue. I have to say that I am always pretty disappointed in their recommendations. I love the magazine, but I didn't really care for a list of mutual funds and Exchange Traded Funds (ETFs). But, I wanted concrete ideas on how to earn a 10% annual rate of return on my investments. US Treasuries are earning less than 1% and money market funds are not fairing much … [Read more...] about Ten Ways to Earn a 10% Rate of Return on Your Investments
How to Evaluate the Rate of Return on Rental Property
Being a landlord is a great way to build your wealth and increase your net worth. In fact, Money magazine listed becoming a landlord as one of its highest-rated ways for the average American citizen to become a millionaire. Even after the housing bubble and credit crisis that hit the United States in 2008, real estate is a great way to increase your wealth, save for retirement, and supplement your income with a new stream. So, how do you go about evaluating if rental real estate is right for you? There are a few things that you need to … [Read more...] about How to Evaluate the Rate of Return on Rental Property
Robinhood Investing App Review
It can be difficult to determine what exactly is a good rate of return on your investments due to additional factors like tax rates, commission fees, account management fees, and so on. Even if you’ve been involved in managing your own investments with a human advisor or a robo-advisor for a while, investing is nevertheless a complicated venture. Anyone with other hobbies and a day job knows that. If you’re looking for a simplified, low-cost solution to the confusion swirling around the stock market and best investment strategies, then … [Read more...] about Robinhood Investing App Review
Payitoff.io Review–The App that Motivates You to Pay Off Debt
You’ve probably already heard all the shocking facts and statistics about student loans nowadays. There's a $37,000+ average debt load per graduate, hundreds of thousands of graduates in default on their repayments, family members struggling to help students repay their loans, student loans forcing people to forgo homeownership and even starting families. Enough is enough. Instead of getting too caught up in the bad news, let’s start focusing on some realistic solutions. That’s what Payitoff.io wants to do. Their goals is to help college … [Read more...] about Payitoff.io Review–The App that Motivates You to Pay Off Debt
How Robo Advisors Are Beating Traditional Advisors with More Clients and AUM
The rise of robo advisors in recent years has been tremendously beneficial for novice and experienced investors alike. Robo advisors manage investment portfolios with the help of advanced algorithms. These algorithms were developed by financial experts and specifically designed to maximize returns while charging substantially lower fees than traditional advisors. Approximately 6.6 million investors currently use robo advisors, and that number is expected to grow to over 12.6 million investors by the year 2022. Total assets managed by robo … [Read more...] about How Robo Advisors Are Beating Traditional Advisors with More Clients and AUM
The Basics of Short Selling – Learn How to Sell Stocks Short
Short selling is a way to buy and trade within the stock market that many find success with. However, short selling is not an easy thing to do, and it is important to understand exactly how short selling works, what the restrictions are on short selling and the risks involved in short selling stocks. By understanding the basics of short selling, you can better prepare yourself and develop a strategy that is successful. How to Short a Stock Short selling can be a great way to profit on trends in the stock market. To help you understand more … [Read more...] about The Basics of Short Selling – Learn How to Sell Stocks Short
Joany Review – The Easiest Way to Get Health Insurance
Health insurance is an incredibly complicated issue, especially if you aren’t completely covered by your spouse or employer’s health insurance policy. When it comes to making health insurance more affordable, the issue gets even more challenging for consumers. That's because the markets are so volatile and premium prices seem to rise faster than individuals’ incomes can keep up with. Fortunately, there’s a health concierge out there that wants to simplify the process for you and find the best coverage at the best price possible for your … [Read more...] about Joany Review – The Easiest Way to Get Health Insurance
Who Should Get A Christmas Tip? Your Mailman? Holiday Tipping Guide
Every year I write an article about how I am not going to tip my mail carrier for the holidays. I'm not a fan of tipping my mailman, garbage man, teachers, or a long list of other folks. I typically take a lot of heat in the comment section for my anti-Christmas holiday tipping philosophy. There are several reasons that I refrain from tipping certain people in my life like my mailman. But, there are those that I go out of my way to give a tip to such as my housekeeper, my barber, and my guitar instructor. I'm not going to tip my … [Read more...] about Who Should Get A Christmas Tip? Your Mailman? Holiday Tipping Guide
What Is a Hybrid Robo Advisor? And Why You Should Invest with One
Over the past few years, fintech has transformed the finance industry as we once knew it. Historically, only the most experienced financial advisors were worth getting investment advice from. Nowadays, finance researchers and even computer algorithms are viewed as some of the best sources of credible financial advice for novice and seasoned investors alike. Some of the greatest fintech developments in recent years have been robo advisors and peer-to-peer lending platforms. Robo advisors are computer algorithms designed to optimize customers’ … [Read more...] about What Is a Hybrid Robo Advisor? And Why You Should Invest with One
Investment Temperament Trumps Investment Intelligence – 7 Rules for Successful Investing
The following is a guest post by Larry Swedroe, co-author of "". If you'd like to contribute a guest post to Money Q&A, check out our guest posting guidelines. Warren Buffett famously once said, “Success in investing doesn’t correlate with IQ. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people in trouble investing.” Temperament trumps intellect because having the right temperament allows you to ignore the “noise” of the market and be a patient, disciplined investor, … [Read more...] about
How to Tell Your Children that Santa Is Broke This Year
What do you tell your children when times are tough? Is Santa affected by the recession too? How do you tell your children Santa is broke? One of the worst mistakes that we can make is to pretend that nothing is wrong and continue operating in the same manner that we always have during the holidays when our family is struggling financially. It becomes hard to maintain the status quo when times are tough, and it is especially tough around Christmas and the holidays. And, trying to continue the same way is a horrible mistake. We get used … [Read more...] about How to Tell Your Children that Santa Is Broke This Year