There’s no denying the importance of investing for maximum long-term returns. But, when people are confronted with credit card balances and other forms of debt with 20% or more interest rates, it can be difficult to decide which financial strategy to prioritize. On the surface, it may seem that debt repayment should come first in order to get your finances out of the red and back on track to continuous growth. However, when you calculate the potential long-term benefits of pouring at least a chunk of your money into compounding investments, you … [Read more...] about 5 Ways to Balance Your Investment and Debt Repayment Strategies
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 … [Read more...] about Will the Proposed Fiduciary Rule Changes Actually Change Investor Behavior?
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 … [Read more...] about RoofStock Review: A Marketplace for Single-Family Rental Homes
What's the most important thing to know about investing, according to Warren Buffett? Experience is the key to success for beginning investors. This doesn't really help those who are new to the world of investing. However, you can reach out to and study advice from experienced investors. Here are some tips selected from experts in the field: One: Invest in Your Abilities It's extremely difficult to make money from the stock market. Don't take risks with your financial future. Instead, invest in yourself by improving your own … [Read more...] about 6 Tips for Beginning Investors
Have you been waiting to get started in investing because you think it’s confusing? Do you think that too much money is required to start, or financial advisors are too expensive? It doesn’t have to be that way. A new investment method called robo advisors has been changing the financial landscape recently. And, it’s something that you may want to consider. What Is A Robo Advisor? A robo advisor is an online wealth management service that provides automated, algorithm-based investment portfolio management advice without the use of … [Read more...] about The Pros and Cons of Using Robo Advisors to Invest
When it comes to fintech and the countless investment options available to consumers today, choosing the best platforms for your portfolio can be quite challenging. Since there are so many different possibilities, it typically comes down to two main factors, potential for higher gains and low-cost trades. You Invest from J.P. Morgan, also referred to as Chase You Invest in some circles, offers the best of all worlds by minimizing fees and maximizing value for consumers. Some sources have proclaimed that Chase You Invest is the perfect … [Read more...] about Chase You Invest Review: Low Fees No Minimums