August 2021

Stepping Up: Top 5 Investments You Should Make in 2021

Investing is essential for many people to enjoy a comfortable life; it can provide a much-needed source of extra income to get you out of a financial crisis or fund your retirement. Overall, investing your finances in the right things and places grows your wealth and enables you to meet your financial goals. After the world hit rock bottom in 2020 with the COVID-19 pandemic, it is imperative to put your money where it can give you returns. Although it’s already the 2nd half of 2021, you still have ample time to step up with the following top investments you should make. Retirement fund Creating a retirement fund may not look like an investment, but it is incredibly essential; it … Read more

Should You Reinvest Dividends or Take the Cash – Two Investing Strategies

by Hank Coleman

When you invest in a company, the company will pay out dividends to its shareholders. Reinvesting dividends is when you reinvest those dividends back into the same stocks that are paying them. Reinvesting can help build your portfolio faster and make more money over time, but it does come with risks. If you’re not sure what to do or if you need some guidance on investment strategies for your portfolio, this article should be able to provide some insight! Many people are faced with the decision of whether they should reinvest dividends or take the cash. Reinvesting dividends can be a great way to grow your investment portfolio, but it can also result in less spending money if you don’t … Read more

How I Plan to Maintain My Lifestyle in Retirement

by Hank Coleman

Why You Should Still Make IRA Contributions After Retirement

Note – The following post is the 3rd and final article in a series of retirement education blog posts on Money Q&A and sponsored by USAA. Be sure to check out the 1st and 2nd articles in the series, “Am I Saving Enough for Retirement?” and “How Long Will My Retirement Savings Last?”. Like always, all opinions are my own about every topic, including choosing a lifestyle in retirement. With the cost of living rising at what seems like rapid rates every year, adults of all ages are beginning to wonder how they’ll ever manage to retire and still maintain the same standard of living they enjoyed during their working years. The concern to maintain a consistent standard of living during … Read more

Starting Your Journey to Becoming a Real Estate Mogul

by Guest Contributor

Everyone, at one point or another, has fantasized about what they would do with a million dollars. Perhaps you’d buy a ski boat and spend the summers out on the water. Maybe you’d build the best and biggest entertainment center to watch your favorite action movies and the big games. What about being a real estate mogul? Or, you might have your eyes set on something greater. That’s what former professional basketball player Luol Deng was thinking. After earning over $150 million on the court, Deng has turned to real estate where he owns over $125 million worth of properties. Becoming a property owner is also one of the “quickest” ways to become a self-made millionaire. So, why don’t more … Read more

What to Know Before You Invest in a Rental Property

by Hank Coleman

How To Evaluate The Rate Of Return On Rental Property

Buying a second home may seem like an extravagance in today’s cash-strapped economy, but it can potentially become a secondary source of income. With low home prices and interest rates, this may be an ideal time to become a real estate investor. However, you’ll want to conduct your research carefully and keep the following tips in mind before you invest in real estate and sink your money into a rental or holiday property. Invest in Real Estate and Rental Property Look at Different Types of Investments Before you invest in real estate and make this significant investment, you’ll need to look at all of your options closely. Some investors look for a vacation home that they can rent out on … Read more

The Benefits of Having Private Medical Insurance Cover

by Guest Contributor

Right now, many people are considering their health and the best way to take care of their families. In particular, more people than ever before are interested in private healthcare. While everyone loves the NHS and everything it has done for this country, families are looking for peace of mind and knowing they have medical options if they need them. This has meant that the topic of private medical insurance is popular right now. Let’s take a closer look at what this is, how you can benefit from it, and how financial services can assist you. What is Private Medical Insurance? First of all, it is important to understand what private medical insurance actually means. This may also be referred … Read more