Swing Trading: What Does it Really Mean?

One of the biggest decisions any investor must make in the early stages of growing their wealth portfolio, is what kind of trading they want to do. There are plenty of ways to invest in securities and assets to see either a long-term, or short-term return. Most of the time, traditional investment options involve placing your money in an environment where it can grow gradually over the years. However, if you understand the financial market, or have a knack for things like stocks and securities, then you might prefer to take a more active approach to build your portfolio. This is where tactics like swing trading come in. This kind of money-making opportunity is more fast-paced than the traditional investment … Read more

How You Can Make Extra Money Online Right Now

The COVID-19 pandemic has left many people wondering about their current career of pursuing a new career. When you have lost a job as a result of the pandemic or are in an industry that is now struggling, it really can be a juggle to see how things are going to work for you and make money online. How to Make Money Online Considering other options, particularly those that can be done from home and online, can make a big difference to your finances by making money online. Here are some things to consider, if you’d rather not go down the investment route right now, at least until you have a more stable income to rely on. Selling online Through … Read more

Tips to Protect Your Investment from Stock Market Volatility

Morningstar Direct reveals that the S&P 500 dipped nearly 12% on 16th March 2020, and within 17 days, it had recovered fully, according to a report on CNBC. A market crash is inevitable, and as a stock investor, you’re likely to experience many cycles of boom and downturns. The good news is that market volatility doesn’t last long.  However, the duration it takes for your savings to rebound in the market depends on allocation. For example, it took a portfolio with over 70% of stocks and the other percentage in cash and bonds two years to recover from the 2008 financial crisis. Interestingly, a portfolio with an estimated 70% in bonds and cash and the remainder in stocks took only seven … Read more

Smart Ways to Minimize Your Business Tax Liability

Expensive taxes are stressful to the average business owner. The last thing an entrepreneur wants to do is to spend all their hard-earned income settling government tax obligations. Finding ways to minimize your tax liability can benefit your profit margin. Apart from consulting an experienced tax attorney, here are five clever ways to reduce your business’s taxable income and avoid being cheated by the IRS. 1. Employ your family members One proven strategy to cut down your business taxes is to recruit more workers from your own family. The reason is that the Internal Revenue Service allows a range of options that can potentially help you shelter your business income – one way to leverage this opportunity is to employ … Read more

5 Signs You’re Finally Ready to Buy Your Dream Home

Buying your first home is one of the most significant landmark events in anyone’s life. As a massive financial decision, you don’t want to commit to purchasing a property if you aren’t yet entirely ready for the financial commitment. However, financial commitment is not the only important factor when investing in your first asset. Various factors will determine whether you are ready to purchase your dream home. To avoid later finding yourself burdened with a mortgage loan you can’t afford or a property that’s gradually falling apart faster than what your budget can manage, you should first acknowledge these five signs that you are definitely ready to buy your dream home. Your Financial Health Is In Excellent Order When establishing … Read more

How to Know When You’re Financially Ready to Retire

When we think about retirement, we often think that the main factor in a person’s age. That’s simply not true. The truth is that money plays a much larger role in retirement than age does. If you don’t have enough money to sustain yourself without working, you can’t retire. Are you ready to retire? That’s why there are so many people well into their seventies who still go to work every single day. But knowing whether you’re financially capable of retiring is a tricky thing to do. You don’t want to retire only to realize that you can’t afford it. We’ll be discussing a few things you need to consider that will help you determine whether you are in the … Read more