Young Investors Hold Too Much Cash in Their Portfolios

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Young Investors Hold Too Much Cash in Their Portfolios

A recent survey by MFS Investment Management, the nation’s oldest mutual fund company, found that young investors are staying away from the stock market and holding large cash positions. In fact, the survey shows that the youngest investors, those of Generation Y, are actually increasing their cash positions in their nest eggs while shunning the stock market to a large degree. While it can make young investors have a little better feeling when they try and simply protect their principle, far too many young investors have too much of their portfolio in cash. How Much Cash Is Too Much? The survey by MFS Investment Management found that Generation Y investors, which are defined as young adults who were born in … Read more

Three Ways To Ruin Your Own Financial Recovery

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Don't trip up your own financial recovery.

Things are looking up with the economy as more economic indicators are turning positive. In the past couple of weeks, we have seen positive signs from unemployment, housing starts, consumer spending, and of course the stock market. But, how can you have a financial recovery? But, there are a few ways that you can trip yourself up and screw up your own personal financial recovery. It does not have to be that way though. You can avoid these stumbling blocks and continue your own recovery. Three Ways to Ruin Your Financial Recovery Not Being in the Stock Market No matter how much we wish we could, the truth of the matter is that we simply cannot time the stock market. … Read more

5 Simple Ways to Save Money During the COVID19 Pandemic and Beyond

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The coronavirus pandemic has thrown most non-essential business operations and work schedules into disarray. Many companies have laid off their employees, and many are unsure of when they’ll receive their next paycheck.  Adopting new saving habits is a smart move during these uncertain times. Save money during the COVID19 is almost inevitable if you wish to get by.  While your finances may seem messed up at the moment, worry not. I have come up with five ways to help you free up some cash and rack up your savings. Don’t Stockpile Unnecessary Items As COVID-19 cases continue to rise, most people are racing to stores to buy just about everything – toilet paper, disinfectant, bleach, pasta – you name it. … Read more

5 Strategies for Surviving the Open Workspace Office Plan

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301 Smart Answers to Tough Interview Questions

The following is a guest post by Vicky Oliver, the best-selling author of five books, including 301 Smart Answers to Tough Interview Questions. In this guest post, she writes about thriving in an open workspace. If you’d like to be considered for a future guest post on Money Q&A, check out our guest posting guidelines. We’ve become accustomed to looking to the tech industry for innovation when it comes to how we communicate. But one idea that tech mavens made popular, the open workspace office plan, is proving to be a flop — actually hindering the communication it is intended to promote. Companies as diverse as energy bar maker Clif Bar, financial services company Square, and gaming company Kixeye have opted … Read more

Lifestyle Choices: Making the Decision to Buy a Second Home

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Making the Decision to Buy a Second Home

To those who find it a challenge to manage their finances around one mortgage, the idea of buying a second home can seem like a stretch. There are good, workable ways to approach the idea of a second home. They call it the property ladder for a reason – once you have one home, moving to more properties becomes easier. Aiming to buy a second or third home shouldn’t even count as financially ambitious. Buying a Second Home If you’re like most middle-class families, you probably need to plan for and income of £50,000 a year once you retire. It can take a £1 million pension pot to make it happen. To most people, the property ladder is the only way … Read more

How to Get Affordable Motorcycle Insurance

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How to Get Affordable Motorcycle Insurance

The simple fact that everyone has the ability to pursue freedom in his or her own way is what makes this country so great. When you think about driving across the open road, wind at your face, and truly being one with the road, it’s easy to fall in love with riding a motorcycle. But, it can be a struggle sometimes to find affordable motorcycle insurance. The problem is that motorcycles are traditionally a bit more expensive when it comes to insurance. The reasons are many: drivers of motorcycles tend to be younger, the bikes themselves are more flashy, and if a wreck does happen it can cause a lot more damage than something like a minivan would. Rather than … Read more