Investing

Investing: Stocks vs. ETFs (Exchange Traded Funds)

When most of us think about investing, our thoughts immediately jump to stocks. However, many of us are wary of what can happen when you get involved with stock picking. Instead, people are more likely to feel comfortable with various funds, carefully arrayed according to an asset allocation strategy that makes sense for them. A…

How to Open a Roth IRA the Right Way

Among individual retirement accounts, the Roth IRA stands out because of its special tax advantages. Instead of providing tax breaks at the time of deposit, Roth IRAs allow account holders to receive benefits completely tax free after retirement. Roth IRAs were created to give working people a greater incentive to save for their post-retirement years.…

Annuities: Pros and Cons Fully Explained

As with any type of investment, annuities are not for everybody. Every investment vehicle contains characteristics that may or may not match your own objectives, preferences or risk tolerance. The advantages of annuities may work for some people, but not for others. There are certain disadvantages that may preclude a certain type of investor from…

How Dividends Can Add Value To A Portfolio

Last week, we took a look at 3 Ways That You Could Make Money In An Up Or Down Market. The first one that we discussed was buying shares of an individual stock directly. Today, we want to talk about one specific type of stocks that you should be adding to your portfolio. This type…

Formulating Your Personal Stock Buying Strategy

In my previous post I wrote about getting Started Investing In Stocks. Now that you are ready to start investing, you have to select the type of stock that is best for you. It’s important to invest in stocks that fit your overall investment strategy. To help you with your investing decision, here is a…

Learn About Index Investing – Passive Investor

Index investing is the one-stop all inclusive choice for the passive investor. What is a passive investor? It is an investment strategy which focuses on the long run to maximize returns and keeping trading to a minimum. The thought process is by avoiding fees, the investment base does not get eaten up.  Passive investors love…

Exchange Traded Funds – The Inside Information

Say goodbye to mutual funds and hello to exchange traded funds! Many investors are now spurning mutual funds for exchange traded funds. Exchange traded funds are the investment darlings of both retail investors and ordinary investors. These low cost investments are easy to buy and are cheaper to purchase than mutual funds. Let’s take a…

Sell Your Losing Investments for a Tax Deduction

As the year moves closer to an end, it is time to start figuring out what you can do to reduce your tax liability “ if you are concerned about that sort of thing. If you have some stock losses from this year, now is a great time to consider selling them in order to…

Getting Started Investing In Stocks Without Anxiety

So, you want to invest in stocks? You may have wanted to for quite some time but were either scared or nervous about investing. Investing in the stock market can be very confusing. Television shows and magazines are always telling you the one stock that you absolutely must own now. Market pundits offer confusing opinions…

Invest in Dividend Paying Stocks with DRIP Programs

One way that you can compound your earnings for the future is to investing in DRIPs. These are programs that help you increase your dividend earnings by reinvesting them automatically. If you are looking for a way to build a nest egg for the future, DRIPs can be a good option. How DRIPs Work and…

Finance

Financial Tips To Get Your Personal Finances Back on Track

There are two things I always say to anyone who will listen, “Don’t mess with a man’s money” and “Don’t mess with a man’s woman.” Unfortunately, we don’t do the right thing when it comes to our own finances so we need a little advice to get us back on track. The personal finance tips…

How to Increase Your Net Worth Over Time – Control Your Finances

What is personal finance? It is money that you control. Times are tough these but they are getting better as more and more people are returning to work and earning a living once again. In fact, the unemployment rate is only 7.7% according to Google’s public database. Today, more people are employed than at any…

Know Personal Finance and Investment Better and Bid Your Financial Blues Goodbye!

Knowing the principles of personal finance and investment better allows a potential investors to make the financial decisions with much prudence and confidence. Having a sound knowledge of the financial and stock market allows the consumers to be more rational in their personal finance planning and in the decisions they make. Financial knowledge is particularly…

What Personal Finance Really Means To You

Personal finance is a term used to denote several different yet closely related aspects of monetary decisions made by either an individual or a family whose members live together. These closely related aspects include the rate of income, budgeting said income, inevitable costs (e.g. taxes, electric bill, gas, mortgage, etc.), and even frivolous spending. It…

How Debt is Holding You Back

One of the things most likely to hold you back in life is your debt. While it’s possible to borrow smart, and use debt as a way to leverage different opportunities, it can also drag your finances down. Using debt requires that you walk a fine line that can result in financial bondage if you…

Dealing With The High Stress Of Being In Debt

Struggling with debt is more than just a financial problem. The stress and anxiety that often coincides with debt can be far more damaging in the long term. Studies have linked debt to depression, hypertension and other stress-related diseases. The following is a five-step guide to help you learn to cope with your debt and…

How Stress Costs You Money Every Day

It may seem strange to think that stress could cost you money, but it does. Now, think about the kind of stress you might be feeling if money is a main source of stress for you. Understanding the ways that stress could cost you money is important if you want to make changes to ease…

Remember That Time When You Were Debt Free?

Did a feeling of peace come over you when you read this title? It did for me when I read this in my office kitchen today. I immediately went back to a place in time when I had zero debt. I was young. I started accruing debt in the form of student loans when I…

Leave an Inheritance For Your Children or Charity

For many people, it is important to leave an inheritance to their posterity. If one of your priorities is to leave a monetary legacy to your children and grandchildren, it is important to plan for how to do this. This includes planning related to taxes. Know The Difference: Inheritance Taxes vs. Estate Taxes While these…

Building Wealth Instead of Clipping Coupons

One of the big fads right now is extreme couponing. While there is nothing wrong with extreme savings, and many people can save a great deal of money clipping coupons, there might be another way to use your time and get even better results. Use the time spent clipping coupons to build alternative income streams,…

Career

How To Increase Your Current Salary with Your Current Job

Increasing your salary is a great way to add to your income. Last week we talked about how to get a raise even if your boss doesn’t like you. If you have worked hard, improved the business, demonstrated value and helped your coworkers then you are ready to ask for a raise. But what happens…

How To Get A Raise At Work

Getting a raise is a great way to increase your income, and you don’t have to get promoted to get a raise.  Increasing your salary compounding effect because your annual raise will be computed off of your salary.  If you leave your job chances are you will use your current salary to negotiate at your…

5 Reasons Why Your Boss Doesn’t Like You

Do you think your boss does not like you? You may find this hard to hear, but I hope we can shed some light on the common issues that put stress on the employee/boss relationship. If you really believe that your boss does not like you, the problem may not be with him, it may…

5 Reasons Why You Won’t Get Promoted

It’s not fun to watch your peers get promoted while you stay stuck in the same job. It’s also not fun to do the same job and earn the same paycheck for 10 years or more. Unfortunately, most people find themselves in that exact situation. If you went to college and then got a white…

4 Ways Working Hard Won’t Pay Off

There’s an important difference between working hard and working smart. In the first case, it’s possible to extend huge amounts of effort that, in the end, net you absolutely nothing. In the second case, your odds of being rewarded for your efforts are vastly improved. Working hard does not always pay off; the following four…

Five Ways to Get Your New Job Off to a Great Start

Believe it or not, even though unemployment is dominating the evening news, new jobs are being created, and people are getting back to work. For some people, it’s their first real job anywhere. While others are moving on to new jobs, and feeling out of the comfort zone of their old job and their former…

How To Negotiate Your First Job Salary

In today’s job market, first-time job seekers such as college graduates are finding it difficult to land a job never mind a well-paying job. However, the market is seeing an upswing – national unemployment is dropping, and companies are starting to take on new hires again. In this time, it’s important for job-seekers, especially first-time…

Are You Making These Job Hunting Mistakes?

This economy presents a tough job market for seekers. However, just because you are desperate, it doesn’t mean that you need to come off as such. It is important to avoid some of the basic mistakes that you might be tempted to make in this market. Here are 5 mistakes to avoid on your job…

6 Networking Ideas to Improve Your Career

On paper, you may have everything that your ideal employer wants. If you don’t know the right people, though, even the most well-polished resume and spot-on experience in the world isn’t going to help. The importance of networking in the world of business simply can’t be overemphasized. Even after you’ve landed your dream job, it’s…

Run Your Career Like it’s A Business

Too often, people who draw a paycheck from someone else forget that they need to manage their careers just like a business. They adopt a “wait and see” attitude about promotions rather than proactively planning for the next step. They also allow the luster to be diminished on their greatest product – themselves. Companies use…

Dividends

Why Dividend Paying Stocks Are a Wise Investment

Stocks that pay dividends have made up a majority of the returns in the stock market in the last 50 years. The more we see wild fluctuations in the market the more we see investors flocking to these safer investment ideas. Dividend stocks provide consistent returns to investors because they are profitable companies focused on…