Financial Advice

Tired of always thinking about bills and expenses? Tired of always running out of money? It’s time for you to change your financial life for the better and Modest Money is here to give you great financial advice. Check these posts out now.

Beyond Saving- Why You Must Invest Your Money
  • Beyond Saving- Why You Must Invest Your Money

Beyond Saving- Why You Must Invest Your Money

By |May 7th, 2017|

Most financial websites and blogs discuss the importance of saving money, but not enough attention is given to investing it – investing your savings is a requirement in today’s world if you are really going to build substantial wealth and have your savings grow and multiply.
Of course, saving money is the first step to […]

Do Forex Traders Really Make Money
  • Do Forex Traders Really Make Money

Do Forex Traders Really Make Money

By |May 3rd, 2017|

The quote is often said that the easiest way to get $1,000 in forex is to start with $5,000. This is obviously a humorous quote, but points to a large issue that is not a joke. More than half of forex traders lose money. Many of them lost significant amounts of money.

I am not […]

How Luxury Brands Like Gucci Stay Relevant in the Changing Times
  • How Luxury Brands Like Gucci Stay Relevant in the Changing Times

How Luxury Brands Like Gucci Stay Relevant in the Changing Times

By |April 21st, 2017|

Gucci was founded almost 100 years ago, but it has found a new lease on life in recent years. Never far from the spotlight, the Italian luxury brand has managed to turn a brand plateau into a mountain peak experience. Operating income rose 21.9% last year. Impressive for any company, that’s almost earth-shattering for […]

4 Smart Money Moves for Getting Ahead Financially in Your 20s
  • 4 Smart Money Moves for Getting Ahead Financially in Your 20s

4 Smart Money Moves for Getting Ahead Financially in Your 20s

By |April 21st, 2017|

So you have enjoyed your youth, graduated with a degree or earned a professional designation, and landed your first real job. Now it is time to grow up, knuckle down and make something of your life. It is a sad fact that many people do not start saving for their retirement until they are […]

3 Reasons Why New Traders Should Be Part of a Trading Community
  • 3 Reasons Why New Traders Should Be Part of a Trading Community

3 Reasons Why New Traders Should Be Part of a Trading Community

By |April 16th, 2017|

One of the defining features of being a retail trader is that you take sole responsibility for the outcomes of all your trades, for better or for worse.
When a trade fails to go the way that you wanted it to, you cannot blame it on your lazy coworker, shoddy materials or the sun being […]

How to Make the Most of Itemized Deductions
  • How to Make the Most of Itemized Deductions

How to Make the Most of Itemized Deductions

By |April 7th, 2017|

For most average folks, it doesn’t make sense to itemize deductions. No matter how many stained t-shirts and ratty sneakers you have stacked in your closet, you probably won’t be able to donate enough to equal or surpass your standard deduction, so going to the trouble of itemizing is a waste of time and […]

Expert Stock Pickers - Leon Cooperman (Omega Advisors)
  • Expert Stock Pickers - Leon Cooperman (Omega Advisors)

Expert Stock Pickers – Leon Cooperman (Omega Advisors)

By |April 7th, 2017|

By now, Leon Cooperman has more than proven his clout as a stock analyst. But a recent SEC charge of insider trading has cast a pall over the investment manager’s legacy. It’s a shame, really, whether or not the charges have merit. Cooperman has a sterling record, at least in the management of other […]

Use Your Tax Refund to Build Wealth
  • Use Your Tax Refund to Build Wealth

Use Your Tax Refund to Build Wealth

By |April 1st, 2017|

Most financial gurus argue that the best tax refund is the one that’s $0, as long as there’s no need to make a payment. However, this is not the most common number that most people will see. The average refund for Americans for the 2015 tax year was $3,210.  Needless to say, this is […]

How to Handle a Car Accident in a No-Fault State
  • How to Handle a Car Accident in a No-Fault State

How to Handle a Car Accident in a No-Fault State

By |March 31st, 2017|

In the U.S. 48 of 50 states require that drivers have auto insurance. Regardless of where you live auto insurance is a must for a number of reasons, including financial security.

The rules and regulations surrounding auto insurance vary from state to state. It’s something most people never think about unless they’re getting coverage for […]

Hot Stocks: Lululemon ($LULU) Just Sank, but Will it Rally?
  • Hot Stocks: Lululemon ($LULU) Just Sank, but Will it Rally?

Hot Stocks: Lululemon ($LULU) Just Sank, but Will it Rally?

By |March 31st, 2017|

TL;DR – Now might not be a bad time to snap up some $LULU, but the company may not ever regain dominance within its niche. Here’s why.

For those unfamiliar, Lululemon Athletica is the athletic and active wear brand, based in Canada, inspired by yoga and high price tags. Through various ups and downs, Lululemon […]