All Posts Tagged With: "Personal Finance and Investing"
Money Market Funds
Most money market funds require a minimum deposit of $1,000 or more. Money market funds allow instant access to your money without penalty when you need to withdraw money, and you have the option of cashing in your shares by phone, mail or through a broker if you select a brokerage-sponsored fund. Most funds give [...]
Invest – Don’t Splurge Inheritance Money
Losing someone close to you is a difficult situation to deal with. Mourning the loss of a loved one is generally also coupled with making complicated decisions about finances, funeral arrangements, moving on with life. If you are the recipient of an inheritance, it is crucial that you do not drown your sorrows with a [...]
7 Ideas for Your Income Tax Fund
You may be relieved to hear the tax accountant tell you that not only do you not owe in to taxes but that you are, in fact, getting a refund. The word refund means basically that you lent the government money and they must give it back to you sans interest. There are several things [...]
Cavalcade of Risk – December 18th, 2007
Welcome to the December 18th, 2007 edition of the Cavalcade of Risk. The topic of risk often takes a backseat when talking about finance, but it’s extremely important to adjust whatever financial action you’re taking for risk. A bet on black in Vegas will yield a 100% rate of return on your money, but most [...]
Why Going to a Financial Advisor Might be Financially Disastrous
Not everyone in the world is blessed with a strong knowledge of stewardship and how to handle their financial household. We all have our short comings and its okay to admit that we have them. Fortunately there are people out in the world that can help us accomplish our goals that we cannot accomplish ourselves. [...]
Why a Higher Interest Rate Isn’t Always Better When Investing
Investing has always been a bit of a tricky business. You need to balance a good mix of risk and reward with your money. There are examples of people and organizations who have tipped this balance too far in one direction or another. For example, A number municipalities and school systems in the state of [...]
Social Security Bankrupt by 2042, Plan Your Own Retirement.
Most mainstream economists, including those who published the Social Security Trustees Report, who have done calculations as to how long the Social Security trust fund can last believe that we’re moving in a very negative direction, and that the trust fund which holds excess Social Security dollars that is currently paying many of our current [...]
Banking Reviews: UnivestDirect Offering Amazing Deals on Online Checking and Online Savings
When it came to shopping for a bank twenty years ago, you might have the choice between three or four different banks that served your local community. They would all offer about the same level of service and a very familiar banking experience, but thanks to the rapid expansion of technology and hyper-capitalism, we now [...]
How to Plan for Retirement If You Don’t Get a 401(k) or a 403(b) at Work.
Recent studies have found that half of all Americans have not saved a dime for retirement, and of the half that did, a quarter of them only have enough money to pay for a years worth of retirement! Social Security just isn’t enough to pay for our living expenses during retirement years, so it’s time [...]
Wells Fargo, Bank of America, Wachovia and Other Major Banks are Ripping You Off.
Have you ever considered why you chose the bank that you bank at? Was it because your parent’s bank there, it’s close to your house, or that it was the first place you stopped at? Most of us end up banking at large mega-banks with billions of dollars in assets, even though these types of [...]
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