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
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
Five Ways to Make Holiday Gift Giving Perfect This Year
You may not be ready to think about it yet, but Christmas as the holiday season is rapidly approaching us. And, we all know that the holidays are an expensive time of the year. One reason is that we are a very generous society and love holiday gift giving. One recent survey found that Americans spend over $500 per year on gifts for our friends and family. We love to give and giving can quickly add up and become a budget buster. But, there are a few ways that you can make this a perfect year and still give gifts that make you just as happy … [Read more...] about Five Ways to Make Holiday Gift Giving Perfect This Year
Why Socially Responsible Investing May Not Be Great for Your Investment Returns
In conjunction with present-day debates about pressing issues like climate change, unfair labor practices, green energy, and skyrocketing obesity rates, investors are becoming more aware of the roles their money could play in perpetuating societal ills. This has led to the rapid expansion of socially responsible investing (SRI). SRI allows investors to exclude certain types of companies or industries from their investment portfolios based on their own moral values. This sounds like a great idea…in theory. In practice, SRI is much more … [Read more...] about Why Socially Responsible Investing May Not Be Great for Your Investment Returns
Review of SPENT Money App: How to Earn Cash Back on Purchases
If you’re not consistently maintaining and adjusting a budget for your personal and business-related expenses, then you might run the risk of blowing your budget simply due to disorganization issues. That’s why personal finance management apps like SPENT Money exist. Their goal is to help folks keep track of their financial lives, whether they’re at home, at the store, or even in another country. In addition to helping you manage your business expenses, the SPENT Money app offers its users thousands of opportunities to earn cash back on … [Read more...] about Review of SPENT Money App: How to Earn Cash Back on Purchases
How Businesses Should Budget for Workplace Safety
Few business owners would say they don't care about safety. Most people want their employees to work without risk of injury or illness. A verbal commitment to safety isn't enough to create a safe working environment, however. The workplace continues to pose danger to people in many occupations, including construction and logging. In fact, 5,190 American workers died on the job in 2016 alone. These numbers should concern workers and business owners alike. In order to create a safe working environment for employees, business owners need to … [Read more...] about How Businesses Should Budget for Workplace Safety