Last year was a great year in the stock market. The S&P 500 was up about 27%. But that doesn’t mean everyone that invested made that much money. Some made much more, and some made much less. How can you make sure that you don’t miss out on big future gains? You can start by… Read More
Top 10 Retirement Ready States (as reported by MarketWatch on finance.yahoo.com)
The National Institute on Retirement Security recently released its annual report on retirement readiness, which measures states by their general retirement preparation status. The report looks at things like employee participation in retirement savings and investment accounts, anticipated retirement income, etc. Its findings were presented at the fifth annual retirement policy conference. The state that… Read More
Shared Habits of the Financially Successful (as reported by J.D. Roth on www.getrichslowly.org)
There are a number of shared qualities among people who are most successful at managing their finances and growing their wealth. And those of us that are not as successful can learn from them, and use them in an attempt to change our fortunes. The first is that people who are successful tend to surround themselves… Read More
Dividends (as reported by Trent Hamm on www.thesimpledollar.com)
Many people are hesitant to invest in stocks because they don’t know much about how they work. It’s important to learn as much as you can so that you can make smart investing decisions. For example, dividends are an important part of investing in stocks. When companies earn a profit, they have to decide what… Read More
Retirement Planning Mistakes (as reported by Robert Berger on finance.yahoo.com)
Nothing should keep you from preparing for your retirement. But too many Americans don’t pay attention to their retirement planning until it’s too late. Robert Berger, writing for Yahoo Finance, outlines seven common mistakes that people make that could put their finances at risk. The first is choosing to pay off debt before setting aside… Read More
Investing Lessons from Warren Buffett (as reported by Tom Sightings on finance.yahoo.com)
Warren Buffet is quite arguably the most successful investor of all time. And he has made most of his wealth based on very basic investment and financial principles, not difficult or complex financial schemes. So if you want to know how to make your money work for you, and build wealth as you prepare for… Read More
Best Value in Online Colleges (as reported by Mike Jelinek on www.thesimpledollar.com)
There is a lot of news surrounding the state of higher education in United States. Is it too expensive? Is financial aid working? Where can you get the best value? One thing that has remained true through it all has been that those with a college degree continue to out earn those with a high… Read More
Sell Your Stuff for Extra Cash (as reported by Travis Pizel on www.moneyning.com)
From time to time we all need a little extra cash. The next time you find yourself looking for a little extra, look no further than your old stuff. Travis Pizel, writing for Money Ning, outlines a three step plan for earning money decluttering your home. Step one is to have a garage sale and… Read More
Best Rewards Cards (as reported by Mike Jelinek on www.thesimpledollar.com)
Picking the right credit card can help with your finances. There are a number of cards out there that claim to have the best rewards, but how do you know which is the best? Mike Jelinek, writing for The Simple Dollar, did the work for you. He analyzed a number of rewards cards that claim… Read More
Retirement Costs (as reported by Donna Rosato and Penelope Wang on money.cnn.com)
Saving enough for retirement is at or near the top of everyone’s financial goals. The problem is, it is never easy to figure out exactly how much you are going to need when the time comes. Most online calculators estimate that you’ll need about 70-80% of your pre-retirement income to have the kind of life… Read More