Investing

Compound Interest vs. Wall Street: The Real Difference

Here’s a question that many investing rookies often ponder: If compound interest is such a great financial strategy to follow, why do Wall Street investors even bother to risk their capital on trading equity securities? The answer is not so simple because the bottom lines can be similar for compounding and stock portfolios as long […]

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Survey Shows Financial Knowledge Gap Between Men and Women

Financial Knowledge Gap: We live in a world of gender gaps; a world where we assume that women are generally better than men in some aspects of life. Even though most of these assumptions are wrong, they become perpetuated through cultural bias until they turn into self-fulfilling prophecies. The latest example of this conundrum comes

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Compound Interest and 15% Inflation: What You Should Know

During most of 2020 and 2021, global news headlines were dominated by coverage of the COVID-19 pandemic. In 2022, the pandemic is still being mentioned in the news, but we are seeing more coverage related to rising inflation, which appears to be an inescapable development around the world. In the United States, a country that

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What You Should Know About IRAs and Compound Interest

For many Americans who wish to avoid financial headaches when they stop working and start living their golden years, their best options include financial instruments such as 401(k) and Individual Retirement Accounts (IRAs). In essence, these managed investment plans create portfolios that the United States Internal Revenue Service will treat in a manner that presents

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A Winning Proposition: Combine Compound Interest With These Two Strategies

There is a good chance that you have heard about Winning Proposition for compound interest being a surefire method to become financially independent. Perhaps you have heard about millionaires who manage their fortunes through compounding. While the latter is certainly true, the former depends on various parameters. Planning for Future Financial Comfort A young investor

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