There are many investing decisions to make as an investor, especially when it comes to what investment strategy suits you. One of those debates will hinge towards the individual stocks vs. equity funds argument. Which one of these is best for you?
For starters, what's the difference between individual stocks...
When you want to invest in pooled funds, mutual funds, and Exchange Traded Funds (ETFs) are among the major pooled investment, you’ll come across. Knowing the difference between these two is the key to a good investment.
There is a lot of similarity between ETFs ( Exchange Traded Funds) and...
The idea of having an emergency fund is advocated by financial experts who think that having a financial floor is incredibly favorable to cover unexpected situations and emergencies.
Now, is there a chance that you are over-saving for an emergency fund? In fact, there is. If you center too much...
You’ve probably come across the word ‘volatility’ as you scroll through finance and investment sites and articles. In fact, the Coronavirus pandemic has led to a downturn in the global economy, with every media reporting on volatility.
Volatility can have different meanings, depending on the context in which it’s applied....
For a young person in their 20s, fresh out of university with a new job, what do with extra money is the last thing they are thinking of. Retirement is years away, and plus first jobs rarely pay much. However, thinking about what to do with extra money is...
How to become rich?
A checklist
About the Self:
Be passionate and alive. Meditate
Know your issues/weaknesses. Have strategies to deal with them. How do you deal with Fear and Greed?
Leverage your strengths.
Learn from the mistakes of others rather than your own.
Check in with your state of...
Looking for a home to buy is much easier than the buying process itself. The process becomes even more overwhelming when you are haggling for the best price. Unless you spend your day’s haggling for prices and best deals everywhere, negotiating for the best price for your next home...
Buying a house is one of the most significant purchases you will ever make. As such, the process needs to be meticulous, so you do not end up hating a property or the financial debt a mortgage leaves. For this to happen, you need to be aware of the...
Fintech companies and mobile-money startups have long relied on traditional banks to operate, but that could soon change.
The FDIC approved bank startup Varo's charter application on Monday, which means Varo can start holding customer deposits.
Receiving an official bank charter has been part of Varo's vision from the very beginning,...
As an investor, sometimes seeking the advice or investment support of an experienced professional can help your investment journey. Among the available financial professionals, the difference between investment advisors and brokers confuse a lot of investors. Although both seem similar, the two professional fields are different; they operate under...
Do you have a savings account, but you don't want to invest it in the stock market? There's another way you can make your money work for you, called a high-yield savings account.
A high-yield savings account is a bank account that earns you a higher interest rate than a...
Earn it and spend it because you only live once, this is the YOLO lifestyle.
FI seekers earn it then invest it building their way to financial freedom. This delays gratification, but gives greater freedom later on. Those who are successful in their FI journey will so win control over...
The Coronavirus pandemic is still raging through the globe. Companies are still struggling, people are losing jobs, and there’s no telling when the recovery period will start. There’s a need for people to spend wisely, now more than ever. Even if you still have your job, there’s no telling...
If you have started your investment journey, you already have a few investing avenues- like mutual and index funds. Today we will focus on index funds, and are they a good investment choice for a beginner?
To start, index funds are a form of Exchange Traded Funds (ETF) or Mutual...
You are sitting at your desk at your office working normally when suddenly you are asked to a meeting with human resources. Uh oh. You go to the meeting and are informed that you will be made redundant. You are escorted back to your desk and asked to take...
While it might be a good idea to have some debts, repaying some personal debts might not be a smooth-sailing adventure. You might find yourself out of a job with lower pay or bedridden with no source of income. For anyone in such a situation, debt settlement could be...
Are you thinking about becoming your own boss? 2020 might have its downs, but there is still an opportunity for you to chase your dream of starting and running a successful business. The first question to answer, though, does your business idea fulfill the needs of the market? There...
Verizon Media is hoping to target the next generation of spenders with its personal finance site Cashay.
Launched on Wednesday, the site will include information on money, managing finances, and preparing for the future, the company said in a statement.
"As the wealth gap continues to grow, financial literacy will be...
If there was an award for ‘Most Unlikely Article Title of the Year’ this one would have few competitors beyond Government Decides to Cancel Taxes!
Yet early retirement, or even very early retirement, is a real possibility for those who adhere to the ways of FIRE - and you don’t...
The first step towards financial freedom is organizing your finances and setting up a budget. Fortunately there are plenty of applications that can work with your financial accounts to help you keep track of where your money is going.
These apps can help you set up a budget, track your...
