Do annuities make good investments? How are they used for retirement income later in life? What is an annuity? An annuity is a type of retirement savings vehicle usually offered through insurance companies and, in one way or another, guarantees a steady income after you retire, whether in monthly, quarterly, or yearly pay-outs. There are various […]
Wow! Volatility is back in a big way almost as soon as I wrote this piece. I try to write a little ahead, and I thought about not publishing this because markets are no longer going straight up. But then again, what better way to drive home the point of how stocks don’t always go […]
Liquidity is incredibly important in a time of crisis, but just how important is it to you to have cash lying around just in case? What even is liquidity? In financial terms, liquidity is the measure of how easy it is to turn an asset, such as stocks or real estate, into cash on demand. […]
The idea is simple, really: Don’t put all your eggs in one basket. If you’ve managed to save some money, and you keep saving each year, good for you! Being in a place where you’re (presumably) free of bad debt (such as credit card debt) and can save each year is a very good place […]
Unless you’ve been living under a rock, the stock market has been roaring higher in the last few months. The move’s been so violent that some of my friends are actually talking about how much money they’ve made recently, forgetting that it’s only been a few months since the dark days when everything seemed to […]
You can’t always control how much money you make, or how big of a year end bonus you’ll get. But when it comes to your everyday finances, there’s actually a lot you can do to save more. One of the most frequent questions we hear is, “How much should I be saving every month?” And […]
