Investing your money is a great way to grow your nest egg, but it can be challenging for beginners. Investing is inherently risky. If you invest poorly or are unlucky, you could end up losing your money. However, if you are disciplined and invest for the long term, you are likely to generate a substantial … Continue reading Why Emotions And Investing Don’t Mix
It's commonly said that gold is a safe-haven investment that can protect your portfolio from financial uncertainty. I have often heard that when the stock market falls, people turn to gold as a safer choice for their money. But is that really true? How is gold correlated with other assets, including stocks, bonds, and real … Continue reading What Assets Are Correlated With Gold?
There is a retirement crisis in America. According to a 2019 survey by Charles Schwab, Americans believe they need $1.7 million on average to retire. However, the 2019 Survey of Consumer Finances sponsored by the Federal Reserve Board found that Americans aged 65 to 74 have only $426,070 on average saved for retirement. Median retirement … Continue reading How To Use Your Stimulus Checks To Help Your Children Retire
When I was in my early 20s, I thought the stock market was out of reach for me. I heard news anchors announcing the Dow and Nasdaq indexes on the radio day in and day out, but never had it occurred to me that I should invest in it myself. I was a graduate student … Continue reading Why You Should Start Investing in the Stock Market in Your Twenties
As interest rates drop, it's dispiriting to watch the annual percentage yields (APYs) of your savings accounts dry up. Currently, your money is actually losing value by sitting around in a savings account. While the best APY you can find at the moment for a savings account is between 0.50% and 0.66% percent, the current … Continue reading Are Worthy Bonds A Worthy Investment?
Cozy Nest Egg 