Everyone knows that saving money is the key to retirement but what’s the real secret to success? Let us teach you the basics of investing - including how to cash in on the new wave of meme stocks and cryptocurrencies. Every dollar you invest today is one step closer to your financial freedom.
Investing
In response to the economic impact from the Coronavirus concerns, the U.S. Federal Reserve announced an emergency rate cut this week. The Federal Open Market Committee axed the target by a half percent, going from 1.75% down to 1.25%. It’s the largest single reduction since 2008, when rates were adjusted to respond to the financial […]
4 minute read
Investing
Stock markets saw a rapid decline towards the end of February 2020. Stoked by fears over the spreading coronavirus and its potential impact on businesses, the market suffered. Investors were dumping stocks and fleeing to safe havens such as bonds and gold. The S&P 500 Index saw a 20% decline in the first quarter of […]
5 minute read
Investing
You may or may not already know this, but it’s possible to borrow from your own 401(k) retirement fund. It’s hardly ever a great idea, though. You’re really only taking away from your own financial future. The money you borrow is really already yours. Except once you borrow it, it will no longer be invested […]
4 minute read
Investing
Do-it-yourself investing has many advantages. It can provide you with more control over your financial future. It also might save you money in terms of lower fees. Overall, it can be a rewarding and engaging pursuit. However, investing on your own is also fraught with risk. There are a number of mistakes that do-it-yourself investors […]
6 minute read