Basic investment advice tells us that bonds are safer (but potentially less rewarding) than stocks, but truly learning the ins and outs of bonds is cast aside in favor of the latest and greatest investment opportunities like cryptocurrencies and junk bonds. While bonds are less popular amongst investors with moderate to aggressive investment strategies, it’s still worth knowing what types of bonds are out there and which ones might be good additions to your investment portfolio. Have you ever wondered what are bonds? In a nutshell, bonds are … [Read more...] about What Are Bonds and Are They Worth Investing In?
4 Smart Ways to Invest Your Cash for the Future
Money is what makes the world goes round. It is what propels development, but it’s also the root cause of unnecessary complexities that might ruin the harmony in our society. But putting all those aside, we can’t deny the fact that we need money in order for us to live the ideal life. So how can we assure ourselves that we’ll be on financial bliss for the rest of our life? The answer to that is simple — and it’s through investing. Smart Ways to Invest Your Cash We’ve compiled some of the best ways for you to invest your cash. Here they … [Read more...] about 4 Smart Ways to Invest Your Cash for the Future
What to Do When You Reach Retirement Age and Have No Savings
If you’re getting close to retirement age and you have minimal to no savings in a 401k or IRA, what should you do? Having few assets is one of the biggest retirement killers out there because Social Security payments aren’t enough for many Americans to live on – especially with average life expectancies rising each year – but if you’re in your 50s or early 60s and want to retire at some point, what can you possibly do? While it could be anxiety-inducing to come upon your retirement years with little savings to finally quit your job, remember … [Read more...] about What to Do When You Reach Retirement Age and Have No Savings
Top 3 Alternative Investments to Protect Your Portfolio from the Next Market Downturn
Diversification is one of the most important aspects of investing. Without it, you run the risk of losing your original investment, as well as all the value its earned. Diversification spreads the risk of loss across your entire portfolio. This way, if an event such as a market correction occurs, there's a chance that some of your investments will either hold or increase in value. The Importance of Diversification Grows as You Approach Retirement Risk reduction is crucial to building wealth and saving for retirement, but losses can still … [Read more...] about
How to Manage Your Money – 6 Steps for Better Money Management (Infographic)
Disclaimer - This is a sponsored post by PSECU, a credit union in Pennsylvania. When was the last time you re-evaluated your budget? The task of reviewing, pruning and re-allocating our money often gets lost in the minutiae of life. You get too busy earning money that you forget to manage what you already have. What’s the point of going back out to the field to get a bigger harvest, if the veggies you picked last week are rotting at home because you didn’t take the time to can, dry, or preserve. Similarly, good money management is … [Read more...] about How to Manage Your Money – 6 Steps for Better Money Management (Infographic)
Top 4 Ways to Save Money on Dog Food Without Sacrificing Quality
We love our dogs, but caring for them can be pretty expensive! While having kids is more of a financial investment, paying for your dog’s food, veterinary care, toys, treats, training, and other expenses can feel like raising a human child at times. As with children, however, maintaining your dog’s health should be a higher priority than simply saving money, which is why the usual advice of “buy cheap food in bulk!” doesn’t necessarily apply to pet owners. Buying large quantities of cheap dog food that is full of corn and grains won’t do … [Read more...] about Top 4 Ways to Save Money on Dog Food Without Sacrificing Quality
5 Personal Finance Tips to Change Your Life Forever
Managing your finances is kind of art that unfortunately many persons are not so good at, let alone masters at it. Although, like any other thing in life, it is possible to improve and that’s why this article will share with you 5 personal finance tips that will change your life forever. Period. So, I invite you to give this article a read because it will make you more responsible for your finances if you take action. Let’s get into it. #1 – The Cash Diet Can Change Your Life Forget about keto and paleo because the cash diet is going to … [Read more...] about 5 Personal Finance Tips to Change Your Life Forever
What to Do When Your Car Insurance Becomes Unaffordable
Accidents happen, but some accidents are more expensive than others. When it comes to multi-thousand dollar vehicles and the physical safety of other people, accidents can be downright unaffordable, even with decent auto insurance. If you were recently at fault for a car accident – even if you have years of clean driving records to prove it was a one-time incident – you will likely experience an increase in your premiums if the person you collided with decides to file a claim. As the DMV points out, there are many different factors that … [Read more...] about What to Do When Your Car Insurance Becomes Unaffordable
Wefunder Review – Crowdfunding Investing with as Little as $100
I'm always looking for the best return on investment. That's why I love Lending Club so much and promote them on Money Q&A. I've also recently invested in a movie. The movie's production company is using Wefunder to structure its deal for investors to participate in profit sharing. That was the first time that I had ever heard of Wefunder, and I was intrigued. Were other great investment opportunities available? It turns out that there's a lot of them! The site is so much better than Kickster. Instead of earning just rewards for backing … [Read more...] about Wefunder Review – Crowdfunding Investing with as Little as $100
How To Find The Perfect Work Life Balance At Your Job
Achieving a work life balance is often discussed, but infrequently agreed-upon by workers and their employers alike. While some people argue that it’s up to companies and managers to allow their employees greater flexibility in their careers to balance out their familial obligations and personal enrichment activities, others such as TED Talk speaker Nigel Marsh argue that it’s up to individuals to balance out their day jobs and personal lives on their own terms. According to the American Psychological Association’s annual “Stress in America” … [Read more...] about