If You Don’t Need Your Car, Sell It Now
With computer chip shortages and logistic issues for new cars, the used-vehicle market is scorching hot. The market is witnessing a steady drop in supply and increase in demand; manufacturers can’t keep up.The inability to maintain stock is out of the hands of car dealers and developers. The shortages of critical components are widespread throughout […]
How To Do HEALTHY Retail Therapy
Going on a shopping spree with a credit card in hand can leave you burdened with debt and stress. That’s why it’s a big surprise to see many mental health professionals recommending “retail therapy” to deal with pandemic stress. Can shopping be good for your health?The Benefits of Shopping for Your MoodThe science doesn’t lie. […]
The Real Estate Cooldown: What Does It Mean for You?
The real estate market typically peaks in the summertime, but this past year experienced a somewhat historic rise in home values. Sellers loved the growth because it allowed for increased profits, but buyers were frustrated because nearly every purchase became a bidding war, which is not good from an investment standpoint. The market is cooling, […]
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 […]
ESG and SRI Portfolio Strategies: How to Balance Social Responsibility with Market Returns
Shareholders drive the performance and operational agenda of publicly traded companies. In the past, most companies held a superficial opinion of social responsibility or environmental issues because shareholders didn’t seem to care as long as there were positive returns. The tides are changing.Shareholders now want to know how companies are altering processes to account for […]
The Reality of the Economic Collapse: Prepare Yourself Now
Economic collapses are not the stuff of myths; these financial failures present genuine risks to investors. From the Banking Crisis of 1763 to the Great Recession of 2008, investors and non-investors alike have been struck with the realization that a healthy, stable economy is never a guarantee. Even today, with the pandemic recovery, investors need […]
5 Smart Ways To Use Your Tax Refund
Are you counting down the days until your highly anticipated tax return arrives in your bank account or mailbox? Have you considered what you will do with your return once it arrives? While visions of vacations and shopping sprees may dance around in your head, it’s important to put some serious thought into how you’ll […]
Understanding the Necessity of Savings and Investing
There is some mental fogginess between the terms saving and investing. Many people might confuse each as one and the same, but that is flawed. A savings account is not the same as investing in mutual funds, stocks, or bonds. One is a short-term, liquid asset, and the other is a long-term, wealth vehicle. Both […]
How To Protect Assets From a Divorce
No one goes into marriage assuming that they’ll one day get divorced. However, despite peoples’ best intentions, many marriages end in a parting of ways. If this happens to you, it’s important to make sure you’re prepared. Otherwise, you could end up losing a lot of your assets that you’ve worked so hard to accrue […]