Category Archives for "Advice"

Retirement Savings and the Magic Age of 40

A comfortable and secure retirement depends on your savings habits earlier in life. The general understanding when it comes to saving for retirement is that the earlier you start, the better. However, life goals often get in the way, like getting married, buying a house, and traveling. While accomplishing alternative financial goals is part of […]

Diversifying Your Portfolio Through Multiple Brokerage Accounts: Good or Bad

Buying and selling individual stocks and investments requires access to a minimum of one brokerage account. There are many benefits to opening a single account, including the broker’s expertise and customization of your portfolio through them. However, many investors wonder if a single account is the most lucrative and practical way to diversify their portfolio […]

Quit Trying to Time the Market, and Focus on Long-Term Gains, Instead

Active investing, such as day trading, is a popular investment strategy. Still, it depends on the investor’s ability to consistently outperform the market, which growing evidence says is improbable and more volatile than other strategies. If you plan on active trading based on timing the rise and fall of stocks, it might be time to […]

Bitcoin: Are Potential Profits Worth the Risks?

While risk is a natural part of any investment, cryptocurrency, such as Bitcoin, carries risks beyond the conventional concerns. Primarily, a Bitcoin investor plays a significant role in the security of their investment, meaning their level of responsibility is different from more traditional investments. Before you invest in Bitcoin or any cryptocurrency, it is wise […]

Investing Cautiously and Wisely in the Reopening and Still Unpredictable Economy

Most retirees live off of their investments, not side hustles or part-time jobs if they’re lucky. Unfortunately, with the economy shut down for the better part of a year, making moves in the market has been increasingly risky and unpredictable.Thankfully, the economy is reopening; with another influx of government funding to small businesses and the […]

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