Guide to Investing in Your 40s – Top 3 Tips You Need to Know Right Now!

How to Protect Elderly Family Members

Investing in your 40s is like trying to stay on top of a surfboard while riding a wave. You’re no longer kicking, splashing, and floundering in the water as you might have in your 20s, and you’re likely enjoying much more stability now compared to your 30s. The “shore” (retirement) is within view, but you still need to work hard and be willing to adapt to changes in the “surf” (economy/workforce) to make it to shore without getting crushed by a wave of debt or despair like the others who didn’t plan for retirement years ago. Investing in Your 40s To stay afloat with your investment strategy, here are a few things to keep in mind while you’re investing in … Read more

Top 4 Things to Consider Before Moving to a High Cost of Living Area

The pandemic motivated millions of people to move for a variety of reasons, particularly those involving financial matters. Many workers in urban areas opted for areas with a lower cost of living when their jobs suddenly switched from in-office to remote work, while others sought less densely-populated locales to avoid large Covid-19 outbreaks common to metro areas like New York City and the Bay Area. While the pandemic seems to be nearing an end in the U.S., the dynamics of our personal and professional lives in this “new normal” have been permanently changed. Some employers have opted for allowing long-term remote or hybrid work options to give employees greater flexibility, given how many employees reportedly want to work from home … Read more

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

Great dividend stocks you should love

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

What Is Payment for Order Flow and Why Investors Should Care About It

stock prices

Payment for order flow is payment from a broker to a stock exchange for directing stock market orders its way. The payment may not be in the form of cash but rather as a credit to the broker’s trading account on the exchange. Payment for order flow can significantly impact market quality and liquidity because it incentivizes brokers to send their trading exclusively to specific stock exchanges. The practice has recently emerged as an important issue that investors should care about because of its effects on the market and liquidity. What You Need to Know About Payment for Order Flow Why Investors Should Care One of the key problems with payment for order flow is that it incentivizes brokers to … Read more

Top 5 Simple Ways to Save for a Down Payment on a Home

Getting ready to buy your first home is exciting, though oftentimes overwhelming experience that requires extensive planning before you even start looking at potential options. If you don’t put in the time and effort to assess your current financial situation and set clear goals for your home-buying aspirations, you may fall short of your expectations and experience needless frustration along the way to save for a down payment. How to Save for a Down Payment One of the most important considerations you must make in the early planning stages is how much you want to spend on the home; not just the overall price but also the down payment, closing costs, monthly mortgage, HOA fees (if applicable), property taxes, and … Read more

Bitcoin vs Libra – How Are These Cryptocurrencies Different?

How Secure Are Transactions Done Through Bitcoins?

Many people are curious about cryptocurrencies but still don’t fully understand how they work. We marvel at stories like the Norwegian guy who bought $27 worth of Bitcoin in 2009 (worth $980,000 in 2019 figures) and wonder how people with even one Bitcoin were clever enough to invest before it surpassed $18,600 in December 2017. It’s worth mentioning how volatile cryptocurrencies can be. In 2019, the value of one Bitcoin has hovered around the $9-11,000 mark, which is nearly half of what it was worth during the peak of Bitcoin hype just two years prior. Several other cryptocurrencies have come out over the years – including the Shiba Inu meme-inspired Dogecoin – but few have experienced the massive popularity and … Read more