Too many people are not investing. It's especially true for millennials. The inertia of inactivity keeps us from investing. People gave sworn off the stick market since the 2008 recession. Millennials are scared to invest. But, that's just an excuse. You shouldn’t be scared. We all know that we should invest for retirement, pay off our debts, and save for our financial goals. Our inaction was an issue before the stock market and housing markets tanked it 2008. Over 90% of millennials say that they distrust the stock market and … [Read more...] about Getting Over The Inertia Of Not Investing In The Stock Market
Money Market Fund
I’m constantly being asked money questions by readers, coworkers, friends, and family members. I do ask for your money questions over and over again after all. In fact, if you email me one of your money questions and I pick yours to be featured in our Reader’s Questions Series, I’ll send you a free copy of Dave Ramsey’s book, The Total Money Makeover. I thought that it would be cool to highlight the ten questions that I hear the most often. Here are the quick answers to these top money questions that people have a burning desire to … [Read more...] about Top Ten Money Questions People Always Ask
People email me and ask all the time where they should invest their short-term cash. Because of the stock market’s shaky returns lately or even those who are saving for a goal like a down payment on a home, more people are holding cash in their investment portfolios than ever before. That is the case for young investors too. Young investors are holding more cash than ever before in their investment portfolios instead of putting that money to work in the stock market. So, where should you stash cash in the short term? There are several … [Read more...] about Top 3 Short Term Cash Investments You Should Consider Now!
Money market funds are a lot like money market accounts and provide investors a little more return for their investment rather than just parking their hard earned money in a standard bank savings account. Money market funds are important pieces of the short-term credit markets and can be an excellent addition to an investor's portfolio. Money market funds provide investors an great alternative to simply holding cash. They are great short term cash investments. Money market funds are deposit accounts that earn interest by investing in … [Read more...] about Benefits And Drawbacks Of Money Market Funds