It’s no longer “Who Wants to Be a Millionaire” but how to become a millionaire. You don’t have to be a contestant on a game show, win the lottery, or receive a windfall from a relative. Just follow the 16 Do’s and Don’t in this article, and you’ll be on the road to becoming a millionaire.[Read more…] about How to Become a Millionaire: 16 Tips to Follow
Index investing is my preferred investment strategy, but of course, that doesn’t mean it’s the only good strategy. Many investors have had success investing in cryptocurrency, real estate, and by actively selecting individual stocks.
Titan Invest is a new investment management firm that focuses on the last investment option mentioned above – actively selecting stocks. Its goal is to bring the benefits of hedge funds to everyday investors.
Below, we’ll provide a full review of Titan Invest.[Read more…] about Titan Invest Review: How to Invest Like a Hedge Fund
Wouldn’t it be great if you could improve your investment returns by owning securities when prices are increasing and selling them before they crash? If you learn how to read stock charts, you might have a chance to do so.
People take many different strategies for investing in stocks. I rely on a mix of investments in mutual funds, exchange-traded funds (ETFs), and individual stocks. When I buy the last of these, I rely primarily on fundamental analysis, as discussed by Milan Kovacevic in his post, “How to Start Investing in 2021: A Complete Guide.”
Milan suggests investing for the long term, a strategy I generally embrace. To do this, I use the strategies set forth by Peter Lynch, described in my review of his book “One Up on Wall Street,” and my ability to read financial statements. Technical analysis or reading stock charts has always intrigued me.
If I could use stock charts to help me sell a stock before the price falls too much or at least not buy it until it has hit its low price, it seems to me that the value of my portfolio would be higher than my current strategy of buying stocks and holding them forever.[Read more…] about The Ultimate Guide on How to Read Stock Charts
Slowing saving money in a savings account is not the most exciting thing you can do with your hard-earned cash. In fact, it’s probably one of the most boring things you can do! But, it is effective, and PrizePool is a company that is out to make it fun, too.
The average American household has $8,863 saved in a bank account or at a credit union, according to a 2018 Bankrate Study. However, according to another Bankrate study, $80 billion was spent on the lottery in one year in America! This came out to about $1,000 spent per year on the lotto for millennials, and a whopping $3,800 per year for older generations.
What’s worse is the same study found that households with the lowest income (earning $30,000 or less) spent 13% of their income buying lottery tickets. Saving and investing 13% of your income could set you up perfectly for retirement! Instead, it’s likely going down the drain (unless you get very, very lucky).[Read more…] about PrizePool Review: A New Type of Saving Account
Buy now pay later apps like Klarna, Afterpay, and Affirm might seem like great products for consumers and businesses alike, but they come with a catch.
For consumers, these apps can help you pay for big-ticket items like a new mattress or television by breaking down the purchase into smaller, more manageable payments. However, these apps also come with potential late fees, high-interest rates, and subtle nudges to make you spend more than you can afford.
For merchants, these apps can increase customer conversion and bring you new business. Though they also come with fees that, on average, can be higher than typical credit card processing fees.
Below we’ll walk through in more detail how these buy now pay later apps work, as well as the full list of pros and cons.[Read more…] about Buy Now Pay Later Apps: What’s the Catch?