Far too many people do not have enough home insurance to rebuild their homes completely if they are destroyed or severely damaged. Many people forget to factor in inflation when they are faced with the possibility of having to completely rebuild their home after a natural disaster or fire. This is a particularly devastating hazard for someone who purchased their home many years ago. Your home insurance should cover the cost to rebuild your house at today’s market prices for materials and labor. Many homes that were built several years ago … [Read more...] about You Need Enough Insurance to Rebuild Completely After a Claim
Spotting fraudulent insurance claims is an important job for most insurance companies. The mounting losses from false and fraudulent insurance claims reported by customers can reach into the billions of dollars each year. Money lost from fraudulent insurance claims comes directly out of the insurance companies’ coffers and results in an overall insurance cost increase for honest customers. Many people mistakenly think that they can get away with filing a false claim, but the insurance industry watches claims … [Read more...] about Insurance Companies Can Easily Spot Fraudulent Insurance Claims
Many investors are drawn to buy penny stocks because they believe they have the potential of obtaining a sizable gain on their investment. Therefore, the term, penny stock, is often synonymous with a micro cap stock. Micro cap stocks are those stocks with a market capitalization which is the total market value of a company’s shares that are outstanding of $50 million to $300 million. Companies with market capitalizations of $50 million or less are very risky and are classified as nano caps. Cap is short for capitalization. Some investors … [Read more...] about Resist The Temptation To Buy Penny Stocks
Have you ever noticed that every kid on the playground always wants to go up the slide backwards? I think that is in our human nature to want to go against the grain like that. I think that it adds helps to instill our rebel mentality that helps make us uniquely American even at such a young age.
But, are you fighting the same uphill battle against the grain with your finances as well? Many of us are.We are on a cycle of debt, living paycheck to paycheck, and often do not know how to get off the hamster wheel that makes up our lives.
It … [Read more...] about
A stock split is a tactical decision and action made by any publicly traded company’s board of directors that increases the number of existing shares by splitting or dividing the shares into more shares. What Is A Stock Split? At first glance, it is a positive thing to investors and stock shareholders since their number of shares owned will increase. But, in reality, a stock split is not a value adding event. It doesn’t detract the value either. A stock split is just an accounting sleight of hand that increases the number of shares while … [Read more...] about What Is A Stock Split? And Should You Trade Before One?
A balance sheet of a company is where records of how much money the company has, how much debt it owes, and what is the remaining amount for the stock holders. It is a financial statement which lets investors know where the company stands with its financial accounts. If you want to keep track of how well the company you have invested in is doing and if they are in good status, you might want to check out the balance sheets of those companies. How Balance Sheets Are Constructed But if you are new to looking at these things, it is important … [Read more...] about Why Do Companies Carry So Much Cash On Their Balance Sheets?
Today, the easiest way of getting stock quotes is through the internet. There are numerous websites that offer free stock market quotes to people who want to get updates and ideas on how much share prices have been in the last few minutes. There are some great websites to find the best stock quotes and information. Delayed Quotes vs. Real Time Quotes Quotes which show the prices of stocks in the last few minutes (say, 20 minutes) are called Delayed Quotes. They give you an idea of the most recent prices but do not tell how much they … [Read more...] about The Best Websites to Find Stock Quotes to Invest In
To obtain the best mortgage deal, it is helpful to understand something about the loan process itself. For example, knowing what closing costs are involved can help you negotiate better terms. Before you delve into the details, first look at your options by contacting several lenders. Brokers can also introduce you to several banks or lending institutions that can help you compare one another. By contacting more than one mortgage lender, you open yourself up to a wider selection of choices in which to make the best mortgage decision for you … [Read more...] about Compare Home Loans Between Several Mortgage Lenders
A budget is a tool, so to speak, you use for saving your money and setting certain goals. The process also helps you establish a plan of attack on how to reduce and get rid of any consumer debt that you may have. A budget can help you see where you need to cut spending so you can channel your money toward more worthwhile purchases. Monthly Written Budget Can Help You Modify Behavior Make your budget work for you. That means to look at your savings as a commitment you’re making for the long haul. Do nto let any types of setbacks deter you … [Read more...] about Using A Monthly Written Budget To Establish Your Priorities And Goals
What if you were told that you could invest in a savings plan at work where each dollar you put into it is taken off the top? Or, the amount of your contribution will lower the amount you pay in yearly income tax? You need to understand the ins and outs of 401k retirement plans! Also, every dollar and cent you fund the account with will grow tax-deferred. Not only that, each of your 401k retirement plan contributions will make it possible for your employer to match those amounts as well. Easy Way to Save Without Thinking About It You … [Read more...] about Understanding The Ins And Outs Of 401k Retirement Plans