How to Identify and Avoid Loan Scams

Cases of people falling prey to loan scams have been on the increase in recent years. Despite concerted efforts by the authorities and financial institutions to warn people about the scams, the number of victims continues to rise every day. As an individual, you may want to learn how to identify scams and avoid them. The sad reality is that most people who lose their hard-earned cash to scammers are those of us in the lower end of the economic spectrum. One of the many reasons it is so easy to get duped is the fact that sometimes we get so desperate financially that we grab just any deal that we come across. In order to avoid dealing with fraudsters, … Read more

Find the Hidden Money You’re Entitled To

Repair your Finances as a First Priority

Most people think they can account for every cent they have and would never consider that they might have money hidden somewhere. You might be amazed though at how many millions are sitting in unclaimed bank accounts and bonds in the US, and they are many other places some cash could be hiding. Inheritances You Are Not Aware Of If a relative dies without leaving a will, or you have moved address a few times since the will was written an cannot be traced, there could be an inheritance you can claim. If you are named in a will but the deceased does not list all of his or her investments and bank accounts, money could be sitting there that … Read more

5 Ways You Can Give Back to the Community

Tips Saving Down Payment and Buying A House With Student Loan Debt

Most of us have hopes and plans to experience our definition of financial success. If you are fortunate enough to find yourself enjoying a stable income, with the ability to save and invest, these are good times for you indeed. Though investing in yourself, your family and your future are incredibly important, as you reach this point of success take a moment to consider the resources that have brought you to this point. No one reaches this stage in life by themselves and one of the best ways to show your gratitude is by giving back to the community that helped you along the way. There are many ways to enact this type of charitable giving, and business owner Neill Sullivan has been … Read more

Will the Proposed Fiduciary Rule Changes Actually Change Investor Behavior?

Do not forget to follow up from a business conference.

For nine years now, the financial industry and the federal government have been embroiled in a debate over a rule change to the ethical standards for investment brokers that are enshrined in law as consumer protections. Currently, the rules state that only those who sell investment advice have a fiduciary duty to their clients. Brokers and others engaged in sales have a duty to be sure the products they offer are suitable for the purposes they sell them for and for their clients’ needs. This keeps them honest as salespeople, but it doesn’t prevent them from taking investment positions that compete against their clients if they feel it is in their interests to do so. The federal government cited misconduct … Read more

RoofStock Review: A Marketplace to Buy and Sell Rental Homes Online

Save Money and Time with Your Short-Term Rentals

If you’re looking for the best passive income ideas, then buying rental properties is one of the most lucrative options out there. It’s not the “set it and forget it” type of passive income, at least not in the beginning. Oftentimes, people focus so much on the potential for high returns on investment without considering the upfront work required to research different properties, evaluate the quality of the neighborhood and surrounding community, assess what the long-term gains might be, find and screen prospective tenants, maintain the property…and so on. It doesn’t sound so “passive” now, does it? Fortunately, RoofStock was designed to make the whole process of investing in rental properties much easier. In a nutshell, RoofStock helps investors buy … Read more