Managing Your Money
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How To Improve The 60/40 Portfolio
It’s no secret that the 60/40 portfolio rule is the cornerstone of a great portfolio. Everyone understands the logic behind 60% stocks and 40% bonds, right? The problem is that it’s often hard to stick to this rule in practice. For example, you start to wonder if it’s really possible to stick to 60% stocks and 40% bonds. The truth is that it is. But it takes time to get there, and there are some things you can do to speed up the process. What do we mean by a 60/40 Portfolio? The 60/40 rule is one of the most common diversification approaches. The strategy aims to allocate 60% of…
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Insurance Coverages For Beginners: What You Need To Know
Insurance is a complicated topic, but with the help of this blog article and other resources, you can work through it with ease. Insurance companies offer a variety of plans with different levels of coverage and features. You can also compare rates and features online or through an agent. Here you’ll learn what type of insurance coverage is best for your needs and how to find out more about it. What is Insurance? Insurance is a type of protection that helps cover the costs associated with an unforeseen event. Many people choose to buy insurance as a way to protect themselves and their families from financial ruin in the event…
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What Are 3x Leveraged ETFs, and Should You Invest in Them?
Leveraged and inverse exchange-traded funds (ETFs) are a controversial group of products, and there are plenty of arguments on both sides of the debate. Inverse leveraged ETFs, which trade with a $1.00 inverse to the S&P 500, are an especially controversial product. Some call them a “pyramid scheme,” but they can also be an effective tool for investors. Holding 3x leveraged ETFs, meanwhile, can offer a significant return once you understand the risks. What is the 3x Leveraged ETFs? 3x leveraged ETFs allow investors to amplify their returns by borrowing money from a stockbroker and investing in shares of stocks. The leverage is usually three times the original amount invested…
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The Basics of Asset Protection Planning – What to Know
Have you ever heard of Asset Protection Planning? Asset Protection Planning is a legal practice that allows a third party to take legal action against an individual’s assets if the individual dies without having a will or other legal document that would otherwise serve as a guide as to how the individual’s assets will be distributed after his or her death. The concept of asset protection planning can strike fear in the heart of any business owner, as it can save them from a variety of potential financial problems. Due to their potential to help businesses finance themselves during tough times, business assets are usually considered the most crucial parts…
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10 Types of Investments Everyone Should Know About
Investing is not something that should be gone into lightly. It is important to know the ins and outs of each investment opportunity to see if it is the right fit for your finances. money management, investments, investing, investor, stocks, bonds
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Understanding Subprime Mortgages
Mortgages are a necessity for the enjoyment of homeownership. Unfortunately, they are also a popular target for fraudulent individuals, who lie to borrowers and sellers, extort them with high-interest rates, and take away their homes in the form of foreclosure. As a result, many home buyers and homeowners are enticed into purchasing loans that are later discovered to be either high risk or misfiled. On a similar note, have you heard about subprime mortgages? What Are Subprime Mortgages? Subprime mortgages are loans that are given to people with bad credit. Basically, a subprime mortgage is a loan that is given to someone who usually has less than perfect credit. This…
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7 Factors That Affect The Cost of Car Insurance
Car insurance is a complicated world that can often be confusing for consumers. It can be difficult to figure out what you need to do to stay protected, and being protected is expensive. Understanding the various factors that go into your insurance premium is the key. If you want to get the best deal, it’s important to understand how much you’re paying and where you’re paying it. If you use one sure you can look to steer your insurance quote to your advantage. The following are the seven factors that affect the cost of car insurance: Driving record Have you ever wondered what factors affect the cost of your car…
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Can You Buy a House with No Credit?
Buying a house is a scary, confusing, and often complicated process for many. Both buyers and sellers are often left with the task of understanding their financial situation so they can make the best possible decision for their situation. When looking for a house, you need to know whether you have enough money to make a down payment, how much you can realistically afford monthly, and how much you can handle if the house value goes down. In such cases, people prefer taking the help of a real estate agent who can find suitable homes depending on the client’s financial condition. As an example, if you want to buy a…
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Top Tips to Keep Your Cost of Living Down
If you’re struggling to make ends meet, it’s important to find ways to reduce your cost of living. Fortunately, there are a number of simple things you can do to cut down on your expenses. From getting a roommate to using public transportation, here are some top tips for saving money. Move to a new neighbourhood The area you live in may be expensive, so moving to a cheaper neighbourhood may be an option. This can be a big decision, but it can be the best way to reduce your cost of living. Keep in mind that you may need to find a new job or find a new school…
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Understanding the Stock Market
Investing can be a bit overwhelming. There’s the terminology, the jargon, and the seemingly endless number of investment options out there. From crypto to shares of companies and everything in between, there are loads of choices that can easily confuse anyone, especially a newbie. But those who are seasoned players would say otherwise. This is partly because they have a lot of knowledge in this subject matter. Hence, they would know the answers to questions like: Is Gold IRA a good idea for your investment portfolio? Should an individual delve into the world of stocks at all? Needless to say, knowing a lot gives them the confidence to invest and…
