Most college students will tell you that their financial situation isn’t great. You often hear them describe themselves as “financially strained” because they have to balance school with part-time jobs, which don’t usually pay much. As a result, investing is rarely on their minds. However, college is actually a great time to start investing, even…
Have you hit some financial bumps in 2013? Maybe you’re grappling with debt or haven’t set up an emergency fund yet. Starting a retirement account apart from your employer’s contribution might still be on your to-do list. Or perhaps you’re worried about saving for your child’s college education as they get older. If any of…
Investing is a key part of managing your personal finances. When done correctly, it can enhance your wealth and give you financial stability. It’s important to follow a specific sequence of steps, completing each one fully before moving to the next. This helps ensure your investments grow without affecting your everyday life. First, get educated…
Stock trading is known for its unpredictability, and many still remember the devastating crash following the 1990s Tech Bubble when countless investors lost their savings. Although the stock market is currently hitting new highs, it remains an uncertain option for retirement. However, adopting these five strategies can help you make smarter financial choices. 1. Spread…
In these clubs, people aren’t just moving to the rhythm – they’re following the financial news. Investment clubs bring together folks with similar interests, giving them a chance to learn, pool resources, and explore investment opportunities that might be too big to tackle on their own. However, it’s important to remember that there are risks…
As adults, we’re often advised to make smart investments for our financial well-being. This isn’t just for our benefit but also for our children’s future. Investing a good part of your income can lead to financial security and comfort. Many financially savvy individuals know the earlier you start investing, the better. The longer your money…
Prosper is a groundbreaking online lending platform that connects borrowers directly with lenders, cutting out the banks. Since its start in 2006, Prosper.com has grown to be the top peer-to-peer lending service, boasting over 1 million users and handling loans worth more than $262 million. It attracts borrowers with competitive loan rates starting at 6.59%…
Bill Gates is set to announce a plan to create the Breakthrough Energy Coalition, a multi-billion dollar fund. This coalition will pool resources from over two dozen public and private entities, including national governments, billionaire philanthropists, investment fund managers, and tech CEOs. There isn’t a specific fundraising target for private investors, but the fund represents…
Picking the right online brokerage can be tough with so many options out there. But if you’re looking for more control over your investments and reasonable trading costs, Motif Investing might be a solid choice. Just to clarify, this isn’t a personal endorsement, as I don’t have an account with them. My take is based…
Investors are always on the lookout for great opportunities that promise good returns. A smart investor comes up with their own way to find the most profitable options. Back in 2013, some of the best bets were in developing markets and innovative industries. When it comes to alternative energy, the federal government is paying more…