Search Results for: investment

The following is a guest post by Stephen Rozo, the founder of MoneyPeoples.com. If you’d like to submit a guest post to Money Q&A, be sure to check out the site’s guest posting guidelines. Non-Fungible Tokens (NTFs) have been gaining in popularity lately as a new way to invest in digital assets. But are they a good investment? From digital art and music to in-game items and even real estate, there’s an NFT for just about everything. And as more people become interested in this new way to invest, the prices for some NFTs have skyrocketed. But there are some risks to investing in Non-Fungible Tokens. For one, they’re still a relatively new technology, so there’s not a lot of … Read more

Sales of timeshare vacation rentals have been consistently growing for the past 10 years, according to the American Resort Development Association (ARDA)’s State of the Vacation Timeshare Industry 2020 U.S. report. The same report also found the average weekly timeshare sold for more than $22,000, resulting in more than $10.5 billion in American consumer spending on timeshares in 2019. But how can this be? Aren’t timeshare investments known for being terrible money pits? Not necessarily. As this comparison from Consumer Reports shows, the first several years of timeshare ownership make little financial sense until you reach a point where the costs of renting similar accommodations for the same timeframe would have outweighed the costs of the initial timeshare buy-in and … Read more

Ethereum has been considered by many – including Forbes – as “the next Bitcoin”. It’s built off blockchain technology like Bitcoin. Still, Ethereum provides an extra layer of functionality such as automated smart contracts, which enable self-executing code without the user worrying about any third-party intervention. But, Is Ethereum a good investment? Many of these smart contracts are powered by Ethereum’s cryptocurrency/token called “ether”. Ether is the money of the Ethereum network, and you can buy, sell, trade, and store ether in much the same way as Bitcoin. What makes it so appealing to so many also explains its volatility when it comes to price. It changes fast, which means there’s a lot more room for growth! This is why … Read more

In his book, Predictably Irrational: The Hidden Forces That Shape Our Decisions, author Dan Ariely writes, “Wouldn’t economics make a lot more sense if it were based on how people actually behave, instead of how they should behave?” It’s all about our cognitive biases. In the same vein, investors of all backgrounds and net worth levels generally know how they should invest but nevertheless make bad investment decisions like getting deeply involved in penny stocks, gambling on the potential of a new cryptocurrency, trying to “time the market,” or investing much too conservatively for their age, goals and risk tolerance. Unfortunately, beginning and seasoned investors alike are prone to making their own unique, seemingly irrational investment decisions. While it may … Read more