August 2019

When Is the Right Time to Consider Investing?

Investing your money makes sense. You’re able to turn a little into a lot over time with very little effort by determining the right time to invest. Unlike getting up and going to work every day for eight hours, investing tends to generate ‘passive income’ which is a concept that’s attractive to just about all of us. Right Time to Consider Investing However, investing isn’t something that we should throw all of our money at haphazardly, there are a few steps first that are best to be reached. Read on to find out more. You’ve got a mortgage In terms of financial security, one of the very best things you can do with your money is to put it into … Read more

Searching for Insurance as a Business Professional

by Collaborative Poster

General insurance for professionals has proliferated across the United Kingdom in recent years. This is as a result of fresh regulations being introduced with the intention of making the market more competitive and better value for policyholders. Business professionals in specific countries have different needs to other residents and visitors. They usually have specific lifestyles that require certain types of insurance that others may need only rarely. However, there are also obstacles that prevent them from finding the best deals. That is where brokers who deal with numerous insurance companies could be the stress-free answer to their insurance troubles. What Are Professionals Searching For With Insurance Companies? Business professionals have more varied needs than general residents. For example, they travel … Read more

How to Build Your Team of Advisors to Help You with Your Finances

by Hank Coleman

We all need a financial team on our side every now and then. You need help making decisions or even just bouncing ideas off of someone else. But we often don’t know where to turn for help. You should build your team, your financial team. How to Build Your Team Corporations have boards of directors to help them make decisions and draft corporate strategies. You should do the same. Develop your own team of professionals to help guide you through life and the financial decisions you make for your family. Think of your certified financial planner, lawyer, certified public accountant, and real estate broker as members of your personal board of directors. Add a Financial Planner to You Team We … Read more

What is the Paradox of Thrift? How Saving May Not Help the Country

by Hank Coleman

The U.S. economy is booming right now, with unemployment rates at record lows, consumer spending rising at steady rates, new home construction rates skyrocketing, etc. Although economists are still concerned about things like the student loan debt crisis, rising rates of job automation, and the lack of affordable housing for low-income renters around the country, the American economy is performing its best since pre-2008 economic activity. However, what goes up must come down at some point. An economy this hot can’t grow endlessly without some kind of burnout, whether that eventually involves mass defaults on student loans, another housing market crash, or some unforeseen economic crisis in the coming years. In both good and bad economic times, it’s important to … Read more

Reader’s Question: Should You Invest Emergency Fund in Mutual Funds?

by Hank Coleman

Is It Better To Save For Closing Costs Or Pay Down Loan?

This is a Reader Question in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on a future blog post. If you’re not familiar with Dave Ramsey’s book, you should run right out and get it. It is one of my top ten best personal finance books that everyone should read. Now…on to our reader’s question. This week’s featured question is from Jen who asks, “Should you invest an emergency fund in mutual funds?” Invest Emergency Fund Should you invest emergency … Read more

Streitwise Review – Easy Real Estate Investing for Investors

by Hank Coleman

Real estate is one of the most consistently lucrative investment opportunities firms limited to the likes of investors and exclusive investment firms with large rental properties and commercial real estate. But, not with Streitwise. They are one of the only fintech investments that allow non-accredited investors. They are still open to non-accredited investors and accredited investors alike. Thanks to the expansion of fintech (financial technology) innovations, it appears the exclusivity of commercial real estate investments is going away, in favor of letting everyday investors access the profitable world of big-time real estate investing. For instance, Streitwise allows people to invest in commercial properties for as little as $5,000 upfront, and since the company is primarily web-based, they offer substantially lower … Read more