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 […]
Sometimes, a tempting offer may make you rethink your 401k rollover strategy… Archie wants to know: I am seeking for your insight advice to roll over my 401K. I just got lay off two months ago. I am 37 years old with 2 kids. One insurance company, North America, is giving me 11% bonus to […]
The word “investment” gets tossed around a lot. Just about anything can be called an investment these days. The definition of an investment is the purchase of something with the expectation of favorable future returns. We tend to think about financial returns when we talk about investments. But, even if there isn’t a reasonable expectation […]
Congratulations. You are starting to make some money and you are saving a good percentage of it every month. But now, you are wondering how to build wealth, instead of shoving all the extra cash at the bank and earning negligible interest. Welcome to the world of investing, where some build wealth while many others […]
Do you get paranoid about your finances, try too hard and end up hurting your chances for a comfortable life? Sara was sick, or at least so we thought. During one morning, she was having trouble breathing and sneezing, and getting very frustrated. The caring dad yelled at whoever came his way, pushed everyone aside […]
You know that if you want to make it through retirement, you need to plan now. And that planning should involve an investment plan. Your goals and individual needs will be a big part of the kind of investment portfolio you have to get you through your retirement years. Here are some steps to take […]
