Trading online is a form of investing online and it is the process by which individual traders buy or sell the assets like stocks, Forex, commodities etc. over an electronic network with the use of a Forex broker. Since late 1990s this form of financial trading has become a norm for the individual traders with [...]
Stock trading is a popular source of income among people, and indeed it is the primary source of income for many. In the past investors would go to brokerage houses in order to trade shares. However, stock trading has reached the next level ever since it met the internet. Investors can now buy, sell and trade shares – all from the comfort of their homes. Stock brokers who were necessary in order to complete transactions in the traditional way are no longer required. What is required for online trading, however, is an online stock trading company.
The entire personal finance blogosphere is in love with index funds, and I’m here to tell you why they’re bad for your investment portfolio. This should go over well. Black sheep anyone? I realize this thesis will not be a popular one, but from my perspective as an active investor and stock picker, I’m here [...]
Yesterday, I had one of the most unpleasant conversations I’ve ever had on the subject of money. I had to tell a close friend of my family that, in all likelihood, he has not saved enough money for his retirement. This is a man I’ve known since I was a kid. The same man who [...]
I want to provide you an overview to help you decide if mutual funds merit further investigation as an investment option for your portfolio by addressing the following questions: What are mutual funds? Are mutual funds a good investment vehicle? How safe is this type of investment? How do I choose a mutual fund company?
As you transition from the college campus to the working world, it is inevitable that you would need to spend some money on necessary items. Rather than think of what it is costing you, consider it an investment for your career and your future. Here are nine things that any new graduate like you must buy to be a professional and advance your career. Don’t get these confused with items you shouldn’t buy.
Payday has finally come and you are staring and your first ever paycheck. This is probably one of the most unforgettable moments of your life. Yes, it is very tempting to go wild and spend it all in one go. After all, it is what tradition dictates that you do. However, is it really the smartest way to go about enjoying your paycheck?
Investing in bonds is just one way to diversify your investment portfolio. After all you should not put all your eggs in one basket. Bonds are a great investment if you want a regular income stream. Many people enjoy receiving the added income while preserving their initial investment. When it comes to investing in bonds, there are actually many different strategies that you can employ.
It is hard to avoid. At some point, you need to work with a banker, broker, agent or realtor to obtain the financial products that can help make you wealthier. The Fed’s Survey of Consumer Finances showed that nearly 40 percent of families will consult a banker or a broker for financial and investment advice. Aside from friends and family, financial agents are the second or third most common source of financial information.
How long has it been since you earned any money by saving? You definitely can’t include the 1 percent interest you earned last year, which was taxed at 15 or 25 percent by the federal government and 5 to 10 percent by your state. No, the interest that you think you made lost ground to the over 2 percent inflation that boosted prices last year. Honestly, it’s been years since you’ve actually saved any money. What your savings accounts have been doing over the last few years is losing money.
With the right knowledge, investing can be safe and low risk. These types of investments will not make you a millionaire overnight, but they can build your net worth faster than an ordinary savings account. These instruments are there for the ordinary person who wants to reach his financial goals but does not want to bother that much with them.
Mutual funds are professionally managed funds that have been pooled together from a big number of people. Some are managed by investment firms and others may be managed by investment subsidiaries of your banks. You may not be aware of it, but your bank will probably have some form of investment product into which you can enter. Mutual funds are appealing because of their higher returns as compared to regular savings account and certificate of deposits. You also don’t see the money in your savings account; therefore, you cannot withdraw it because you want to buy that bag that you saw in the mall.