Everyone wants to provide for their family and create generational wealth to give their kids the best chance of success. But if you don’t have a six-figure salary, how can you build a big enough nest egg to give your children a leg up in life? According to a recent survey, 33% of millionaires never made six figures during any year of their entire career.
Rich Dad Poor Dad 4 Quadrants: Can Kiyosaki’s Wealth-Building Methods Make You Rich?
If you’ve ever read “Rich Dad, Poor Dad,” then you’ve learned some powerful wealth-building theories published by Robert T. Kiyosaki. What you may not know is that he published a second book that is changing the way we view wealth called “Rich Dad’s Cashflow Quadrant.” If you haven’t had much experience with these theories, then this article is going to tell you how the Rich
What Are The Downsides Of Investing In A Falling Market
Those of us looking to invest might be seeing dollar signs with the current state of the stock market. But there are downsides of investing in a falling market. It can seem uncertain, there’s a lot to think about and you might not be in the position that you want to be to invest. While I am no expert in investing, here’s what my research
Get to Know Your Trading Styles with These Popular Indicators
Regardless of whether you are a novice or expert trader, it’s imperative that you create a trading strategy prior to risking your capital. You can use several different techniques but should choose a methodology that fits your trading style. You can use mean-reverting strategies, momentum strategies or a strategy that employs support and resistance. In addition, you should define your risk and work it into
Explaining the Criteria of the Graham Formula When Finding Underpriced Stocks
Benjamin Graham is known as the “father of value investing” due to his extensive work in the field and his overall contribution to investing. When it comes to underpriced stocks & the graham formula, 1949’s The Intelligent Investor is the go-to bible for many value investors.
Making the Most out of your Online Trading Skills
The world of online trading is a complex and widely ranged one. There are many different aspects and avenues a prospective online trader can take. It takes time and effort to perfect your practise, but luckily there is a lot of solid advice and guidelines available. If you need a safe and credible space to make the most out of your online trading acumen and
Attention, Shoppers: Plan Ahead for Sales Tax Holidays
Anyone who loves to shop should consider timing their purchases to coincide with sales tax holidays; while only 16 states offer them, some shopping aficionados travel to take advantage of these tax-free windows. Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A.
5 Ways to Invest Outside of Your 401(k)
Investing your money is one of the best things that you can do for your future. If you have any retirement dreams, you aren’t going to get there without investing. Maxing out your 401(k) account is one of the best ways to do that, but it probably isn’t going to be enough. Luckily, there are hundreds of ways that you can invest that don’t involve
Homes are for Living, Not Making Money
5 reasons why buying a house in not a sound investment The common refrain you hear from home buyers is that “their house is an investment.” However, unless you are buying multiple houses to fix and sell, or to lease out, buying a home as an investment is not a particularly promising idea. Although there are a lot of benefits from owning a home, making
The Importance of Global Investment Diversification
Investing would be a walk in the park if markets were predictable and saw consistent growth year after year. Over the long term, shares, mutual funds and bonds collectively produce positive returns. Yet, it is what happens to individual assets along the way that is a source of uncertainty. Since no individual or institution has the financial or logistical capacity to invest in all stocks,