What makes a company a large cap or a small cap?
What the heck is a “blue chip” stock?
It’s important to know the difference if you’re interested in the Stock Market.
There are ways to organize all sizes of companies into different titles, though it’s not an exact science.
These titles are given for a reason. So that you can easily determine the size of different companies.
So let’s get into what the different sizes are and what it all means…
A credit score is like your in-laws.
Some are really great. Some are not so great. And some people like to pretend they don’t exist.
Well, they do exist (your credit score that is…and probably your in-laws too) and whether you have a great credit score or a poor one, there is always room for improvement.
You can always do better.
Here are some tips for improving your credit score, no matter how good or bad it is…
“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” -George Soros
“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.” -Warren Buffett
Most of you know that I am a huge Buffett fan, and I consider myself an investor like him. (Well, maybe not like him, but an investor nevertheless.)
George Soros is more of a trader.
One is not right and the other wrong. Buffett and Soros both have billions of dollars to prove that.
But it is important to know which one you are…
When you hear about investing for retirement, you usually hear about mutual funds.
More specifically index funds. Especially if you have been reading my articles.
It’s not just me.
Index funds are widely held as one of the best investments for retirement.
Especially if you want the easy way out.
Even Warren Buffett recommends index funds for the average investor.
That’s all good and well, but there are 1000s of index funds, which ones should you invest in?
Good question and here is the answer…
“The goal of retirement is to live off your assets-not on them”
Rule No.1 of living off your assets: You must have assets.
You may plan to retire. You may not.
Either way, it’s a good idea to have a plan for wealth building. You may need it.
So, when do you start planning for it? And how do you do it?
How are your New Year’s resolutions going?
Are you sticking to your goals?
Have you already given up this year?
Did you change your mind? Did you decide it wasn’t for you?
This is probably what happened…
This is a great infographic that explains the things that are stealing your time and your productivity.
Here are some of the things that could be killing your productivity:
- Your email
- Your desk
- Other people
- Impossible to-do lists
What can you do to fix it? Read on…
When you think about being responsible with your money, a budget may be one of your first thoughts. In my Beginner Series, I tell you, point-blank, that you need a budget.
Can you really live without a budget? The title of this article makes it seem like I was misguiding you when I said that you need a budget, doesn’t it?
Technology can be an important part of our lives. After all, this is the information age. It’s important to not go broke when trying to keep up with technology, but it’s also easy to spend a fortune if you’re not careful.
Here are 3 tips to keep you up to date with technology, while keeping your finances in check…
First off, just hold on a second!
Setting realistic financial goals is what separates the successful from the unsuccessful. Goals are good for every area of life, but setting financial goals specifically is important. The process of setting goals is just as important as having them, so let’s look at what it takes to set realistic and effective financial goals.
Determine Your Goals
Just like with any goal, a realistic financial goal needs to be specific, attainable and written. It will only hurt you to set a goal for an amount or a time period that isn’t realistic. It is very important that you write a specific goal, including all of the numbers involved.
All goals should be written.
You’ve probably heard the popular statistic: only 3% of people write their goals down and that says something about the small amount of people that stick with goals and achieve them. Putting goals in writing holds you accountable to the goal.
Car payments are a beautiful thing, aren’t they?
Of course they are…when you are the one receiving them.
When it comes to car payments, you have 2 options.
You can take out a loan, put yourself in debt and pay interest on your monthly payment to a financial institution or you can opt for the better option…