It’s important to anticipate inflationary periods and take the necessary steps to protect both long term and short term family finances. Here is a list of some of the steps you can take:
Investing may seem scary at first but it can be one of the easiest ways to build your net worth. The following infographic from Personal Capital outlines how you can start putting your money to work for you.
Building a balanced investment portfolio may sound like a daunting task. But with the abundance of helps, resources, and learning tools available today, this essential task does not have to be stressful. In fact, learning about investing can be fun, especially as you make your first investments, watch your savings grow and your worries shrink! Here are the six basic investment types you and your family should add to your investment repertoire.
If you want serious money, you have to get serious about money. You need to understand these fundamentals and never forget them. Don’t let all the garbage reported in the financial media you read, see, or hear confuse you about what money really is. Don’t consume more than you make: save! Don’t spend: invest!
Portfolio rebalancing can be a very effective strategy, particularly with money earmarked for retirement. No one can guarantee the market will come back quickly from a downturn. Retirement investors must protect their principal because they might not have time to recover from a 40-50% drop in their net worth.
A single bad market event can have catastrophic effects on your retirement funds so it is important to have safeguards in place to help reduce the possibility of waking up one morning and finding your nest eggs broken. The brokerage community insists that if you are just patient enough your portfolio will rebound but, what if it doesn’t? In today’s article Dennis Miller takes a look at some steps you can take to help protect your Life’s savings.
Planning your finances and choosing investments can be stressful especially when markets are volatile. But it can be downright scary when like in 2008 they enter free-fall. Many people have decided that the stress (and chance of loss) just isn’t worth it and so they have chosen to stay out of the market altogether. Unfortunately, […]
Every locality has its own set of “Hometown Heroes” i.e. companies that are based locally that are well known and provide local jobs and services. By supporting local businesses, you’re supporting your community and increasing jobs for those in your city or state. Legendary, investor Peter Lynch recommends investing in local companies that you know […]