Top 5 Crypto Lending Platforms Compared!! 🤑

Taking Bold Financial Risks

‘There is a way that seemed right unto a man but the end thereof is destruction’ The above saying can be said to be true in some instances, but from the moment when I discovered the true meaning of wealth, I have never met a wealthy man who came into his fortune without having to take certain decisions, actions that seemed futile at that particular moment. It is an obvious fact that making a headway in life requires a certain level of risk taking ability. Your ability to take the ‘bull by the horn’ in seemingly difficult…

Your Children Can Become Better Personal Finance Managers Than You Are

We live in the era of technology. Websites and mobile apps can help your children to become better personal finance managers than we are.

Equity Trading – 5 Blunders Almost Every First Time Investor Make

By no means is equity trading like rocket-science. However it is complex enough for the new investors- without a good broker by their side- to make the same mistake time and again; like not diversifying the portfolio, unrealistic expectations, short-term vision, believing in rumors and diving straight to day trading. Resolve these mistakes and even novice stands a chance for a higher return.

How to Increase Your Investment Portfolio Efficiency to Outperform

We will discuss how to increase your portfolio’s efficiency through a series of proven disciplines. You can increase your investment performance by double digits by implementing our 4 Phase system that we have been providing our clients for two decades. Whether you own stocks, mutual funds or ETFs, knowing when to buy, sell and hold according to your objectives and risk tolerance will increase your rate of return without keeping you up at night.

Year End Outlook

Since November 9, the stock market has rallied about 5%. I am comfortable with this rally and I am cautiously optimistic that it can continue. First, as we have discussed all year, the stock market often moves higher after a Presidential election because the anticipation is over.

Stay Healthy and Wealthy in 2017

It’s time to start thinking about your New Year’s resolutions for 2017 and a fresh start to the year ahead. When you are thinking about those resolutions you might want to consider some resolutions that could save you money. What are your financial goals for 2017. Here are some tips to help you get into financial shape this year!

Why the Germans Do Not Prefer Electronic Payments

Industry experts are predicting that cash will be obsolete in a few coming years. However, there is a European country which is following a totally opposite trend. In Germany, the use of physical cash is more than any other country in the world. According to a research conducted by Federal Reserve, the people of Germany use cash in 82 percent of their financial transactions.

Banking Problems

Bank fraud is on the rise. When a close friend shares with you their banking problems you begin to realize just how close to home the problem really is. A close friend who takes care of our one hundred old mother checked her bank account on Friday and noticed the balance had dropped.

Post-Truth: Facts Pale by Comparison

Chuckling to myself, I could not pass up the opportunity to highlight the Oxford Dictionaries’ international word of the year for 2016, post-truth, an adjective defined as: “relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal belief.” Why was I chuckling?

Funding Your Retirement With After-Tax Dollars

Funding your retirement account can be achieved with either pre-tax, tax-deductible contributions, or after-tax contributions that allow you to withdraw tax-free money when it’s time to retire. It is possible to participate simultaneously in both a pre-tax and after-tax retirement plan, if it is permitted by your tax-deductible retirement plan.

10 Financial Opportunities to Consider in 2017

The start of a new year is a great time to take stock of your financial life. Have you done all that you can to put yourself in the best possible position? Or, have you missed out on some important financial opportunities?

What Everybody Should Know About Credit Scores

For starters there are different classifications for what is considered a good credit score. They can also be described as poor, average, good, great, excellent, or even exceptional based on the credit score number that you have. Your credit score will fall within one of these categories, but keep in mind the names for these categories differ from industry to industry but to give you a general idea of how good, or bad your credit score is, we have provided you this article outlining what most lenders or banks, even credit card companies and car dealerships, use to determine the likeliness of providing you with a loan at a reasonable rate.

Year-End Tax Planning: Funding Your Retirement

The year will soon end and if you have not yet done so, consider putting together a tax planning strategy that includes saving for retirement. Entrepreneurs, Solopreneurs and all business owners are our own employers and we must secure our financial futures, whether we’ll squeeze a few thousand dollars from modest billable hours or roll in the overflow from a lucrative year. Under no circumstances do we want to be old and broke in America and if one is single and female, that is a real possibility. Fortunately, there are good retirement plan options available to those with a few thousand dollars to spare and the discipline to save. Mostly, taxes are not due until it’s time to draw down on the account (age 59 1/2 the youngest and age 70 1/2 the oldest).

Tips for RMD Season

Required minimum distributions, or RMDs, are the taxable payouts that investors must take out of their traditional IRAs, 401(k) plans, 403(b)s, 457s, Simple IRAs and SEP IRAs after turning 70½. Retired households oftentimes have to tap into their retirement accounts for monthly income needs and have no issue meeting the minimum requirements.

The Importance of Gifting

With the holiday season in full swing, most people begin to think about what’s on their loved one’s annual wish list. While the latest high tech gadget might be a great idea, have you ever thought about how far a monetary gift can go?

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