In this day and age, nearly everyone is saddled with student loan debt, no matter if you went to med school or majored in English Literature. So, if you have suddenly found yourself with a larger-than-usual sum of money, you’re probably wondering— “Should I invest this money or pay off my student loans?” It’s a good question but the answer is a little more complicated than you … [Read more...] about Should You Invest or Pay Off Student Loans?
Bonds might not have the glitzy appeal of blue-chip stocks or compounding-interest mutual funds, but they remain a favorite investment instrument for the majority of financial wizards. If you’ve never considered purchasing a bond, though, you may not see the inherent value in it. Compared to stocks and mutual funds, bonds are some of the safest, most stable investments you … [Read more...] about Why Invest in Bonds?
The stock market—everyone knows it’s where you go to make the big bucks. From conservative banking institutions to aggressive day traders, anyone with a few thousand dollars to invest is rearing to double, triple, or even quadruple their assets by risking it all on the stock market. Yet, many average people don’t know how to invest in stocks. To purchase stocks, you must … [Read more...] about How to Invest in Stocks
Stocks get a lot of attention, and understandably so. After all, it is called the stock market. Yet, if you speak with a financial adviser, they’ll likely recommend that you invest your money into a mutual fund rather than individual stocks. So, if you’ve never considered this type of investment, you’re probably asking yourself, “why invest in a mutual fund?” Investing in a … [Read more...] about Why Invest in Mutual Funds?
There may come a time when you find that you suddenly have more money than anticipated. Perhaps you won a small lottery, or a family member left you their inheritance. Whatever the reason, you’re probably wondering what to do with it. Some may be tempted to invest the money, while others may consider paying off their mortgage early. But which choice would be better in the long … [Read more...] about Should You Invest or Pay Off Your Mortgage?