If you are in your early 20s and just starting your career, you might not be too concerned about retirement. It is still decades away, so it might seem that there is no need to worry about it just yet. Even though it might be the farthest thing from your mind, once you understand how…
Do you have a long-term saving strategy? If not, now is the time to begin building one. The good news is that it’s not rocket science. All you need are a few pieces of data and a compound interest calculator to get started. What should everyone know before they set out to develop such a…
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…
At a time when the United States Federal Reserve plans to continue raising interest rates in order to mitigate consumer price inflation, it is important for investors to learn about the realities of compound interest and managing stock portfolios. Finding Success in Compound Interest Investing Finding success in compound interest investing is a matter of…
Whether with traditional savings or Roth IRA, saving for retirement is one of the most important financial goals that a person can have. It is a very long-term goal, but it is one that makes a huge difference in terms of financial stability, ability to retire, and quality of life in retirement. While it might…
Unless you have been living on a remote island with no access to news for the past six months, you are probably aware that the stock market has seen some turbulent times. The first half of the year has been rough for investments, and this has shaken many investors to the core. We have been…
Building wealth, personal wealth, is not something that is limited to a single strategy. You can either invest a fortune, earn a fortune, win the lottery, inherit a fortune, or grow a fortune. There is no one-size-fits-all method to creating wealth, and you have to pick what suits your needs. Regardless, it’s important to know…
The stock market is in a freefall, which means investors are hunting for alternative investments. It makes good sense to look at fine wine as an investment vehicle, but it’s important to evaluate it based on long-term returns. Using compound interest calculators helps us see the potential of investing in a hard-asset. Likewise, using the…
Let’s face it. The US dollar doesn’t go nearly as far as it did in the past. Inflation has driven up the cost of everyday goods and services, forcing people to tighten their belts in an attempt to survive. So, what happens to your retirement fund when you can’t easily afford things like groceries and…
When looking at investment options, some financial advisors believe that compound interest should not be treated as a strategy in and of itself. We are not talking exclusively about advisors who emphasize conservative styles of investing; some of them will recommend adding cryptocurrencies to your portfolio, but they will also insist on making compound interest…