Investing

Let’s explore four common pitfalls that can throw your retirement plans off track. The most significant piece of advice financial advisors give is that once you establish your retirement account, you should not touch it. That is good advice, but sometimes, life’s circumstances can make it tempting to withdraw from your retirement. Of course, this […]

How can you take good advantage of your prime earning and investing years? In the world of personal finance and investing, there are a few axioms that everyone has heard at least once in their lives. You do not have to be an investor to understand what Wall Street traders mean when they say “buy

Every year, millions of people sell their homes, and calculating interest for the sale can be tricky. Many of the structures are motor homes that are currently hot items in the vacation real estate market. Sellers can ask for reasonable prices and get dozens of offers within a few days. If you sell such an

The two most prominent and most important types of investment are stocks, or equities, and bonds. These two asset classes play two very different roles in a person’s investment portfolio, and both are important when it comes to maximizing long-term gains while balancing out the right amount of risk. In this post, we will go

Taxes often throw a complicated factor into long-term investments. One of the most important long-term financial goals that people should have is saving for retirement. Retirement can seem distant, especially for young people, and the existence of Social Security might make it feel like saving doesn’t need to be a priority. However, Social Security won’t

Compounding interest is earning interest on previously earned interest. It’s also known as earning “interest on interest.” Over time you can build up your wealth by reinvesting the interest you’ve accumulated. You should understand the difference between simple and compounded interest to take full advantage of it. The interest rate earned on compound interest depends