With how easy it is these days to access the internet, anyone and everyone can trade stocks with the hope of striking it rich in the near future. However, it is also just as easy to trade yourself into debt. First time investors make many common mistakes that are detrimental in the long run. Below is a list of the most common pitfalls to avoid when buying and trading stocks for the first time.
6 April 2016
When trying to decide what to pour into your mutual fund, you will need to be cautious with bubble sectors such as the tech sector. But these types of sectors can still generate high returns if you have good timing. There are a few factors you will need to consider before adding tech to your mutual fund. The Technology Sector Can Have High Minimum Investments Investing in the tech sector can be very expensive, with minimum investments often at $100,000.
30 October 2015
As someone who is always looking for ways to invest, you might have considered becoming a private equity investor. This is a great way to help businesses get off to a great start, and it can provide you with wonderful returns over time. However, private equity investing isn't for everyone. These are a few signs that it might be right for you. 1. You're Able to Make a Large Investment
19 October 2015
W.C. Fields, at the time of his death, reportedly had numerous financial accounts all over the U.S. and around the world. It was his habit to place money in several accounts after finding himself stranded in a city with no money. While spreading money around and stashing in multiple accounts the world over is actually a good approach to wealth management, you need to know how to do it correctly. That is where private wealth management advisors can help.
14 October 2015
An integral part of most personal retirement plans is Social Security benefits. The availability of Social Security income affects the planning of other distributions. Individuals planning for retirement can achieve a more comprehensive financial plan by determining the optimal age at which to begin receiving Social Security payments. Individuals may receive full Social Security benefits at a designated age, but reduced benefits are available at an earlier age. Social Security income may also be delayed beyond an individual's full retirement age to increase the monthly payment amount.
13 October 2015
If you're approaching retirement, then you need to think about your finances. You will most likely need to supplement your social security payment. If you have money in risky stock investments, or in a bank collecting interest, then it would be wise to consider re-appropriating some, or all of it, to investments that are more suited for a retired person. Here are some investments that are suited to a person getting ready to retire.
13 October 2015
Planning to be financially stable after retiring from work can take considerable work and information. You may have a group retirement fund set up through your employer or have individual retirement accounts (IRA) set up with a financial planner that allow you to make regular deposits. These deposits are taken directly from your paycheck and are figured before you are taxed on your income. Moving the money around between these accounts to receive a better interest rate can be done, but new laws are in place that limit these IRA "
6 October 2015