personal finance
The ABCs of personal finance and investing; how to invest wisely and grow your wealth.
What a Recession Means for Your Portfolio
It's no secret that experts have been warning about an upcoming recession. The Fed's rates have been getting traders talking. Economic strength factors have been faltering. President Cheeto-in-Chief's trade policies haven't been helping, either.
By Iggy Paulsen7 years ago in Trader
The Most Toxic Beliefs About Money People Have
The American Dream is one I very strongly relate to. It's a dream that means you can be the next major rags to riches story. We hear stories of people attaining the dream every single day—from Puff Daddy, to Warren Buffett, to Bill Gates.
By Cato Conroy7 years ago in Trader
Becoming Goal Oriented
We're starting off with "Becoming Goal Oriented: Planning Your Goals." What does that have to do with money? Everything. Have you heard of the book Start with Why by Simon Sinek? If you haven't, go check it out! The main concept is this, begin with the end in mind. I want you to start thinking about the goals you have for you life. Buying a home, paying off loans, sending kids to college, sure those are the typical ones I hear. Those are fine, but what about traveling to Germany to see your homeland. Or starting your own business, getting in shape—all of these things in our lives typically take money. The lives we want to live and the goals that we have for our lives take money to accomplish them. It may not be a ton of money, and we can be frugal and get deals and be smart, but it.still.takes.money (insert handclap emoji).
By Isaiah Goodman7 years ago in Trader
Becoming a Doer
The word procrastinate comes from Latin, "pro" (forward) + "crastinus" (belonging to tomorrow). So in a nut shell when we say we have trouble procrastinating it means that we tell ourselves that we'll do it tomorrow—or some other magical time when we have the time, energy, or money. When it comes to money and financial planning I've seen that there are four main reasons we procrastinate.
By Isaiah Goodman7 years ago in Trader
10 Signs an Investment Platform Won't Work for You
Failure to pick the best investment platform could result in your funds getting eaten away by outrageous trading charges, exit penalties, and admin fees. Regardless of whether you’re a first time investor or an individual stockholder looking to streamline their shares and funds in the stock market, choosing the right investment platform is the most important first step.
By Roland Barnes7 years ago in Trader
How Much Money Do You Need to Retire?
A while back, I was talking about my retirement plans with a friend of mine. I have a Roth IRA, along with a small stock portfolio. It's not much, but it's a start. Lately, I've been working on beefing up the ol' retirement fund in hopes of being able to retire at one point or another.
By Cato Conroy7 years ago in Trader
Making Money Goals
This is what I want you to do. Save up $1,000 as an emergency fund. Once you have it, do not touch it and put it into a savings account with your bank. Earning at least a little interest on your money. Pay off your debt, tackle it from smallest to largest. Once debt free, you want to earn interest on money and supplement your income. To get debt free you want to lower your expenditures and maximize earnings. To do this work seven days a week if that's what it takes. I currently work at a pizza place and a sub shop. I do surveys when I'm at home and I earn $700 to $2000 per year off of this method alone. You too can follow the link in this text for the top cash paying survey sites. I've researched them for a long time to find them and it will save you a lot of time looking for them.
By Marcus Azaria7 years ago in Trader
What's a Robo-Advisor?
Financial planning can be one of the most difficult strategies to perfect in our lives. Every day, people spend thousands of dollars on financial advisers and planners to ensure that their money is invested in a safe place. However, in today’s modern age, there is now online software that can handle all of this for you, and for a low cost.
By Patty Ramsen7 years ago in Trader
