Are you getting the best rate of return on investment? Kiplinger's Personal Finance Magazine annually discusses ways to boost your investment yield in its latest issue. I have to say that I am always pretty disappointed with 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 better. Certificates … [Read more...] about The Ultimate Guide to Earning a 10% Rate of Return on Your Investments
Is a Six-Figure Salary Really a Gamechanger?
The following is a guest post by Tracy Timm, Tracy Timm is the founder of The Nth Degree® Career Academy and the author of "Unstoppable: Discover Your True Value, Define Your Genius Zone, and Drive Your Dream Career". A six-figure salary. If you’re honest with yourself, I bet you have this as a career goal in the back of your mind. There’s just something about reaching a $100k+ salary that sounds like you’ve “made it,” right? At some point, the phrase “six-figures” became synonymous with professional success. You might call it The … [Read more...] about Is a Six-Figure Salary Really a Gamechanger?
What Is Compound Interest and Why You Need It?
When it comes to loans and deposits, there are only two types of interests applied; simple and compound. The type of interest applied depends on the interest rate offered by the lender in most cases. Calculating interest is one of the most confusing tasks, but only in the case of compound interest. Simple interest is quite straightforward and easy to calculate. Compound interest is where individuals tend to get confused, which is why an online compound interest calculator comes in handy. But before you go ahead and start calculating, it is … [Read more...] about What Is Compound Interest and Why You Need It?
The Secret to Successful Startup Teams
Originally published on StartupNation How do you build your best startup team? Entrepreneurship is a wild ride, with huge challenges, exhilarating ups and formidable downs. It’s more essential than ever that you bond and mesh with your co-founders and first hires. Today’s dramatic shift to remote work demands that you take charge of your identity and path. How do you bring your best self to this all-out effort? We think a great place to start is our new book, The Entrepreneur’s Faces: How Makers, Visionaries and Outsiders … [Read more...] about The Secret to Successful Startup Teams
Passive Income Ideas: How to Make Money While Doing the Things You Love
If you’re looking for ways to generate extra income, which can keep making money while you spend your time doing the things you love, here are five easy-to-start passive income ideas to get you thinking. 1. Rent some space While you’re probably thinking that here we mean hosting people on sites like Airbnb, this doesn’t have to mean that you’ll constantly be looking after guests. Why not rent out your home while you’re travelling, and leave the logistics to a property management company. They’ll organize cleaning, … [Read more...] about Passive Income Ideas: How to Make Money While Doing the Things You Love
Different Ways to Invest Outside of the Stock Market
When it comes to investing, stocks are certainly one of the most popular types. However, with high-risk and complicated procedures, it’s understandably not for everyone. If you’re looking for another way to grow your finances, then keep on reading! In this article, we are going to take a look at different ways to invest outside of the stock market. Real estate While real estate might require a higher amount of savings for start-up, it’s one investment type that can certainly generate a high yield of profit. Most investors start with a … [Read more...] about Different Ways to Invest Outside of the Stock Market
What to Look for Next Week in the Markets
Disclaimer - You should not consider this as professional stock market and stock picking advise. Every investor should do their own research before investing. If you don't feel comfortable investing, you should seek out the help and advice of a certified professional. The following is a guest post by Dan Charles is a professional trader/investor, Portfolio manager, and trading software developer. To learn more about him check out https: https://www.simpletrades.net/. If you'd like to guest post on Money Q&A, check out our guest posting … [Read more...] about What to Look for Next Week in the Markets