As inflation continues to skyrocket, the effect is now being felt on the stock market, with some wondering if it has finally hit bottom. The Federal Reserve has announced more interest rate hikes coming. Should you invest? Inflation taking the bottom out of the market According to Trading Economics, as …
Read MoreSome people have hesitated to invest in cryptocurrencies, partly out of not understanding them, partly because of their volatility, but more people are investing in Bitcoin. Things to consider to determine if it’s right for you. Cryptocurrency 101 Cryptocurrency differs from other currencies, and it is not physical but rather …
Read MoreSaving for retirement should be your #1 financial goal. Here are some time-tested tips from investment experts to help you turn your savings into successful income-producing testing for retirement. Make a plan and stick to it What hurts many people when it comes to investment gains is jumping ship the …
Read MoreThe IRS is encouraging taxpayers to file early due to backlogs and staff shortages, so it’s important to have an early understanding of the tax changes for 2021 and how they may help or hurt the size of your return. Do you have to file? There are a lot of …
Read More1. Examine and evaluate your cash holdings Before you look at your extra cash at the end of the year and assume you have a little extra to invest, take a step back and evaluate the situation. There are three things to do: The very first thing to do is …
Read MoreMany people never take the plunge of investing over fears their inexperience or lack of knowledge will cause them to fail, but everyone has to start somewhere. Here are some tips for dipping your toe into the water. Research: You don’t need to know it all on day one – …
Read MoreIf you’re just getting started in investing, picking stocks requires doing some homework beforehand. Here are five tips for newbie investors. Look for profitability over time. Just because a company is doing well now, you want to be sure it’s not just a hiccup. Meaning, market conditions or recent investments …
Read MoreShould or shouldn’t you invest in cryptocurrency? There are lots of pros and cons. Crypto could be a better hedge than gold against inflation, and adoption is growing, which signals there’s more wealth to be made. 5 reasons you should invest in cryptocurrency There are many reasons to invest in …
Read MoreWhat do stocks and bonds look like for 2022? The experts from Wall Street disagree, with some wary and others bullish. Here’s a look at what they foresee ahead in the outlook for next year. Morgan Stanley: Seek European and Japanese stocks and bonds, avoid the US Morgan Stanley’s strategy …
Read MoreBanks, like any other business, are keeping shop to make money off you the consumer, which means they aren’t necessarily brutally honest in telling you everything you should know – here are some things they don’t tell you. 1. Your home equity line of credit (HELOC) is designed to keep …
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