Category : Financial Advice Page 2

Why You Should Understand the Importance of Compound Interest Do you often wonder how some people seem to gain wealth with little effort? If so, you are not alone. Saving money is an important part of..

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. I..

The Importance of Diversification Investors often have a lot to consider. But few investment decisions matter more than asset allocation. A well diversified portfolio is as important for millennials a..

Knowing how to properly value a stock is probably the most important skill for a value investor to develop. The goal is to buy companies for less than their intrinsic value over a long period of time...

For those who don’t know, Chapter 11 is a bankruptcy process by which the court oversees a negotiation to establish a ‘plan of reorganization’ between a debtor and their creditors. This sort of ..

Founded by Bill Harris – who is the former CEO of Intuit and PayPal – Personal Capital is a Registered Investment Advisor (RIA) through the Securities Exchange Commission (SEC). It’s designed to..

Imagine entering a position where your upside potential is infinite while downside risk is limited. Well it exists in every stock using a Stop Loss Order. A Stop Loss Order is an open order to sell an..

There is an insurance product on the market that is touted by many financial advisors as the “holy grail” of all financial products.  It is called Indexed Universal Life or (IUL) and it is a very..

With your money spread out across many different accounts, keeping track of it can be a challenge. In fact, it can sometimes feel impossible. You’re faced with the reality of being a person with a h..

Most investors mistakenly believe they have a “self-directed IRA” when in fact they really have a multiple choice IRA.  You may self-direct your account as long as you buy stocks, mutual funds, o..

If your assets are not protected a simple law suit can put a huge dent in your bank account, or worse. Realistically everything you have achieved financially can be taken away with the smallest of mov..

This year hasn’t delivered us a ton of good news so far via the markets. Stock Markets are down. China is down. Oil is down. Not the exactly the start to 2009 we were hoping for. Wait 2009? It’s 2..

Identity Theft is real, we’re reminded time and time again. After millions of American consumers had their credit card info stolen through major retailers like Target, it’s hard to imagine who has..

With its many powerful and user-friendly tools, Personal Capital makes it easy to manage all of your financial accounts in one place. And many of them are free. You can track your income, your expense..

The safety of personal identity and information is a growing concern. As identity theft techniques become more sophisticated, so must our methods of staying secure. Because this information can encomp..

In the personal finance blogosphere, you see a lot about frugality. Frugal living is essential for many people to achieve financial stability, but it’s not something I talk about very much. That’s..

Determining what type of bankruptcy you should file can be one of the most stressful life events.  Chances are if you are considering bankruptcy that you have probably gotten yourself into a financia..

We are living in an age where we are almost forced to learn how to save money and to try to save in almost every aspect of life in order to improve our living standard. This can sometimes involve seri..

This could be a long list, but of course, this is a finance site. So, we’re talking about money. Being an adult has lots of ramifications. If you are in your second, third, fourth, fifth, (or more) ..

How old are you? In your 30s? Poor you. Still, a long way to go until you finally reach your career goal: retirement!! Sure, work gives our life meaning and purpose. But wouldn’t it be great to slee..

There are two power players when it comes to personal finance, Dave Ramsey & Suze Orman. Dave says to have a $1,000 emergency fund immediately. Suze says to save a little bits at a time. Each one ..

By: Robert B. Wolfe, CFP® Depending on the state of one’s legal residence, the strategies and techniques for asset protection can vary. As an example, for those living in the State of Florida, the ..

Saving doesn’t come naturally to most of us. When you’re young, it’s hard to grasp the real value of money. You might watch your friends blow lots of cash on new clothes and toys, or living beyo..

The holidays have come and gone, and this can only mean one thing: you have new gift cards in your life. Gift Cards are a mixed bag. And it makes sense. We don’t know what people want or need, so we..