Robo Advisors vs. Peer-to-Peer Lending – Which Is Better?

Pros and Cons of Using Robo Advisors

When you’re trying to get the best return on investment, you need to think outside the box for new investment options and platforms that offer a balanced mix of risk and reward for your portfolio. The key to consistent and maximal returns is diversity. But, why limit yourself to the usual mix of stocks, bonds, and mutual funds managed by a financial planner when there are so many other options out there – like a robo advisor? Robo Advisors vs. Peer-to-Peer Lending Robo advisors and peer-to-peer lending are two awesome alternatives to the traditional financial planner model because they not only implement top-notch technologies and research to maximize gains for their investors. But, they could also offer more favorable returns than … Read more

4 Smart Ways to Invest Your Cash for the Future

Tips and Hints for Your First Stock Market Investment

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 are: 1. Invest in Real Estate Real estate is probably the smartest thing to do if you … Read more

What to Do When You Reach Your 50s and Have No Retirement Savings

What to Do When You Have No Retirement 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 that you’re not alone. Millions of Americans struggle with saving for retirement, so this isn’t something to be ashamed of. Instead, redirect … Read more

Top 3 Investments to Protect Your Portfolio from the Next Market Downturn

Trade FOREX with xTrade

Diversification is one of the most important aspects of investing which includes alternative investments. Without it, you run the risk of losing your original investment, as well as all the value it’s 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 Risk reduction is crucial to building wealth and saving for retirement, but losses can still occur. If your portfolio’s value declines when you are young, you still have time to rebuild. If, however, your portfolio loses value as you approach retirement, you don’t have as much time … Read more

How to Manage Your Money – 6 Steps for Better Money Management (Infographic)

How to Manage Your Money

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 about how much you earn and spend and what you do with the rest sitting in your bank account. Use the infographic below … Read more

Top 4 Ways to Save Money on Dog Food Without Sacrificing Quality

How to Save Money on Dog Food

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 much for your dog’s skin, fur, and internal functions, just like how a carb-heavy diet isn’t the best option for humans, either. How to Save Money … Read more