An Inside Look at Americans’ Investment & Retirement Strategies
While retirement may seem like a far-out, distant phase of life, it’s something that requires significant planning and preparation to comfortably achieve. It’s no secret that the earlier an individual starts making plans to save and invest, the easier it will be for them to step away from work at an ideal age. But unfortunately,…
3 Things Every Fiscally Responsible Millennial Should Already be Doing
If you’re a millennial, you know that our generation, in particular, gets a bad rap. In recent years millennials have been labeled lazy, financially illiterate, and perhaps worst of all, as the “me generation.” And to make matters worse, each of these negative stereotypes translates into false expectations for millennial behavior. Expectations about what they…
Take a Journey With The Investment Time Machine
Investing isn’t easy. It’s impossible to predict the future and it’s hard to know which trends are enduring and which are merely bubbles – soon to pop. There are always some experts quick to point out a surefire hit or miss, but in general, a diversified portfolio is your best bet. Another important factor –…
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40 Financial Quotes from the Pros
Everyone is quick to offer financial advice these days – whether it’s how to spend your paycheck, how to escape debt, or how to invest wisely, there is no dearth of information out there. But while the recommendations exist, there is a range of opinions and very little personal advice for your unique situation. About…
Emotional Investors
Humans are emotional. That statement is true if you look at the top movies for the weekend (50/50, for example) and it’s true if you watch how investors work. Investors are prone to mistakes based on emotional factors, so let’s take a look at a few: “I like this company” Liking a company doesn’t mean…
Learning the Trade of Trading
Invest Time in Investing As was discussed in the previous post, the best way to save more is not always to spend less, but to effectively use your skills and time. Something that any resident of Main St. can learn to do is invest. We discussed a few ways to invest (in gas, for example),…
Personal Finance for Main St
When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?
