Category: Investing

Are You Losing Money In A Savings Account? – A Quick Guide

Savings accounts have been around for as long as there have been banks. Some people believe they aren’t worth it because they actually lose you money. How is this possible and does this mean you shouldn’t use a savings account? Are you losing money in a savings account? In short, yes you most likely are.…
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Investing In Real Estate When You’re Young – 3 Formulas To Know

Investing in real estate is a fun and exciting adventure but it also takes a little bit of know-how and some math. Don’t worry though, I’m not talking about complicated calculus equations or anything like that. What I want to do is take you through three formulas that can lead you in the right direction…
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Is Purchasing A Duplex A Good Investment? – Why We’re Doing It

Big news over here! We’re buying a duplex both to live in and as an investment property. As of writing this article, we actually have found a duplex and gone through the process of getting our offer accepted by the seller. We haven’t closed, but inspections are scheduled and things are moving in the right…
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Will The Coronavirus Crash The U.S. Stock Market?

Unless you live under a fairly large rock then you have heard how the US stock market has taken a tumble and many credit this to the Coronavirus that has been spreading out of Asia. If this is news to you don’t click off this article and check your 401k. Instead, give this article a…
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Are Savings Accounts Worth It? The 6 Pros and Cons

Do you have a savings account or do you think savings accounts are just for old people? I can say without a doubt, savings accounts are NOT just for old people and something that you may want to consider opening. Before we get into that, let’s answer the burning question: Are savings accounts worth it?…
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Money Coach vs. Financial Advisor: What’s The Difference?

Picture this. You want to start taking your money seriously and don’t know where to start so you decide to hire someone to help. In this situation you have two options; hire a money coach or hire a financial advisor. I suppose you could ask that distant, eccentric uncle who stashes their money under the…
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Why You Should Quit Trading Stocks – Is It Worth The Risk?

If you have paid any attention to the news this week, you’ll know Tesla’s stock price has been surging. Some see this as a great opportunity to make some quick cash. Me? I see this as another opportunity to warn people against trading individual stocks and other securities. Don’t get me wrong, I’m a huge…
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How Do I Calculate How Much I Need To Retire At 50? 55? 60?

Do you know how much you need to retire? Or how to calculate how much you need for retirement? If you answered no, there’s no need to worry. You are similar to most people and that’s okay. After reading this article, you will not only know how much you approximately need when you retire but…
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Wealthfront Online Banking Is It Worth Switching To? – A Simple Guide

Earlier this year I opened up a Wealthfront account. It was my first online robo-advisor account of this type so I didn’t know what to expect. After some time using the product and all of its offerings I can happily say it’s amazing. When people hear robo-advisor they tend to get a little freaked out.…
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Online, High Yield Savings Account and Banking – Pros and Cons

Over the last couple of years, more and more online savings accounts have been popping up. These used to be something people had never seen before and the benefits they offered people were great, almost too great. With these benefits came obvious criticism. How can they offer such high-interest rates? I don’t trust my money…
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