You see them walking around campuses with their big smiles and clipboards- people trying to get students to open credit card accounts. They lure students with shiny free gifts and before you know it, your child has just gotten his or her first credit card. Aside from being sad that your baby is finally growing […]
Picking a dividend stock does not equate to simply identifying the stocks with the highest dividend yields and making an investment. High dividends often equate to high risk because the cause and whether it can be sustained is unknown. The investor should consider the dividend payment amongst other factors when adding a dividend stock to […]
Reports of increasing inflation are published in the media on a regular basis. We cannot be certain whether we are headed into a period of high inflation where our money will buy fewer goods and services than it now does. However, it is still helpful for us to be prepared in the event the devaluation […]
To be considered qualified to use the Certified Financial Planner (CFP) designation, an individual must meet certain educational, ethics, and experience requirements. The person must also take an examination and pay an ongoing fee. This professional certification mark is conferred in the U.S. by the Certified Financial Planner Board of Standards, Inc. An individual must […]
It is a safe bet to assume that everyone wants to earn money. It is needed to purchase necessary and desired goods and services. Some people search forever trying to find ways to earn a lot of cash in a short time. They are often unsuccessful because they do not know where to turn or […]
Investing for the future is one of the best things you can do for yourself and your future. Investing allows you to build your wealth over time. Having money for retirement will allow you to retire on time, possibly early, and live a comfortable, stress-free retirement. Do not rely on social security or a small […]
A mutual fund pools investor money to purchase stocks or bonds, allowing individuals to hold a wider assortment of these items then they could if they attempted to purchase them on their own. A mutual fund is not a product, it is a stake in a corporation that hires a manager to invest the supplied […]
Not all stocks pay dividends so an investor should conduct research to find out which do. The dividend will provide a steady stream of income during the period of stock ownership, even if the company does not grow. The amount of dividends paid varies and with the stock market in its current volatile state, investors […]
The best kind of income that you can ever have is a passive income — money that you make automatically without doing anything. Sounds crazy, right? Well, many people around the world are enjoying the luxury of having money work for them, and not the other way around. Imagine this: you could be traveling the […]
Being in debt is a negative situation that will not go away, and usually becomes worse, if it is ignored. The debt will follow an individual from one city to the next and eventually will make quite a negative mark on the credit report. To prevent one’s financial life from going into a tailspin, this […]