Stock Trading Tips for Beginners
One of the best ways to grow wealth long-term is to start investing as early as possible. There are many ways to invest your money, one of which is stock trading. Many young professionals get into…
How to Raise Financially Responsible Children
Most people would agree that there is a gross lack of financial education in many school systems. Many of us realize this upon finishing college or high school when we need to start making financial…
What Are the 7 Steps to Financial Planning Per the CFP Board?
Online you will find many people who claim to be financial experts that can help you plan for your future. Unfortunately, it’s difficult for most people to discern which of these “financial experts”…
What Are Qualified Charitable Distributions?
If you’re making good money and you’re already investing a large portion of it, it’s also likely that you’re looking for ways to reduce your tax bill and save more of your hard-earned dollars for…
Is Life Insurance An Investment?
As we become more independent throughout adulthood and make larger purchases, insurance becomes a more important part of life. If you’re trying to purchase a home, you need to insure it to get a…
Life Insurance Overview
Once you get to a certain age, you inevitably start to think about life insurance. This is especially true if you have family members and children who depend on you and your income. With that said,…
FOMO: Fear vs Opportunity
FOMO, or Fear of Missing Out, is a term that first appeared in marketing literature in 2000. Today, studies estimate that around 70 percent of adults in developed countries experience the feeling…
Crypto: Risk vs. Reward
If you haven’t heard all the talk about investing in cryptocurrency, NFTs, and other digital assets, then you must have lived under a rock during the past few years! On a serious note, blockchain…
How Much Should You Risk on Any One Investment or Stock Position? What Is Sector Exposure?
When you start to invest your money, it’s difficult to determine how you should design your portfolio. Which stocks are worth the risk and which aren’t? You will often hear financial advisors say…
Does Human Emotion Prevent Investing When There’s “Blood In the Streets?”
If you want to invest successfully, it’s good practice to learn about different economic theories, finance terms, and investment strategies. However, that knowledge won’t be as useful if you don’t…