It is understood to see changes in your financial situation after taking major steps like investing in a 401k or buying high-risk and high-reward stocks. Most people forget to do the simple things. To better your finances, sometimes, you also…
Category: Finance
What is a Trustee?
A trustee is an institution or person (like a bank or trust company) placed in charge of managing the property and other assets placed in a trust for the benefit of someone else (known as the beneficiary). Trustees have the fiduciary…
How Mindfulness Can Help You With Your Personal Finances
When most people hear the word “mindfulness”, they think of a person meditating in the lotus position while burning incense. However, the truth is that mindfulness doesn’t require chanting, patchouli, or yoga. Mindfulness is something you can easily incorporate into…
What Gen Z Can Teach Us About Finances
“Wisdom comes with age,” we’re told. But if you’re an adult who’s raised members of the youngest generation to hit the workforce?the Generation Z cohort, or the iGens?there’s some good news. There are also insights the older ones can glean…
Are Mutual Fund Reported numbers net of Fees?
“Operating expenses” is what the answer to this really depends on. In order to clear this ambiguity, let us assume a cinematic metaphor. The cost related to a mutual fund is similar to the cost associated with visiting a movie…
Market Milestones as the Bull Market turns 10
March 9, 2019 was a mark of the 10-year anniversary of the longest considered bull market in our history. March 9, 2009 was the post-crisis low to start it. In early 2009, the S&P 500 had a closing price of…
Financial Terms You Must Know
In the field of business and marketing, there are so many people who are quite good at entrepreneurship in general. A majority of them have some or the other kind of built in skills lie communication skills, sales another factors.…
Understanding Asset Allocation and Diversification in Your Investment Portfolio
Any good investor needs to understand the risks of putting “all their eggs in one basket” and not adequately allocating assets among various investment possibilities. When it comes to investing, a sure thing is rare or even non-existent. For this…
5 Common Mistakes with Business Loans
For most businesses, at some point in their growth they will need to take out a business loan. Whether you are a startup looking for cash to get your business off the ground, or a company who has been around…
How to Actually Decide if Debt Consolidation is Right For You (and When It Isn’t)
Sometimes when you’re swimming in debt, taking control of your circumstances once and for all seems like an unbearable burden. You have most likely considered a few different paths you could take to pay off your debt, but decision paralysis…