“There’s going to be a second recession. You have to get out of the market NOW!” Said my friend. “It’s going to be a double-dip recession, and the second dip will be REALLY bad. Even treasuries won’t hold up if there’s a triple-digit inflation. You should do what I did. I gave a big chunk […]
One of the most difficult things to figure out in investing is when to sell something. The decision to switch things up can be a difficult one to make. What if you get rid of an investment, and it takes off? You’ve just lost out on big profits. Another concern is that you keep an […]
When it comes to retirement, many people rely on their homes. We are told over and over again that our homes are investments, and that they are our biggest assets. As a result, many people rely on home appreciation to help fund their retirement. The recent real estate market crash has been contributing to a […]
Do you use a financial adviser to help you manage your finances? I don’t. I’m a self-educated investor. I’ve been managing my family’s financial portfolio for over a decade now, and I’ve been doing a good job – I periodically compare my portfolio’s performance to the performance of major financial benchmarks, and so far, I’m […]
I live in an area where one-income households are common. One question I am often asked is this one: “How can I increase my retirement savings when my wife [husband] doesn’t work?” This is a common conundrum for many who have maxed out an IRA, and wish that they could open another tax advantaged retirement […]
Social lending (also known as person-to-person or peer-to-peer lending) offer individuals the opportunity to borrow and lend money in significantly smaller amounts than a bank would deal in, as well as a social context in which to lend money. In a way, if you use one of the sites offering social lending, you can compare […]
