Archive for the ‘Uncategorized’ Category
The following is a guest blog post by Stacy B Miller:
Seldom do we realize that our past money memories cast a long-term impact on our financial behavior. Those childhood memories shape our beliefs, thoughts, feelings, and attitude about money.
Don’t agree with me? Okay. Let me share my story with you. Hopefully, after you finish reading my story, you’ll understand what I’m trying to convey.
Private Equity has been around for a long time. An individual or firm provides money in order to get a business venture started. In turn, the investors own equity in the company and get a share of the profits. Crowdfunding has been getting very popular over the last few years especially on sites like KickStarter. People post ideas or things they need money for and people from all over the world can donate to the cause if you will. Sometimes it is just fun to read the posts on that site. I have seen anything from raising money to create movies, to some guy waning to make potato salad! The difference however, is these individuals simply donate money and do not get anything out of it afterward depending on what the kick start entails. An example is, if enough money was raised to fund a movie idea, the movie itself would be its own reward once completed. But what if these two ideas were merged together?
The following is a guest blog post:
By Laur Davidson, personal finance journalist
From early on, we are all told that non-mortgage debt is bad, and that we should do everything we can to become debt-free if we ever expect to be financially independent. However, we are also told that, the only way to build sufficient capital for a secure retirement is to save early and save often. So, student borrowers about to embark on a new career, which should it be?
The following is a guest blog post:
Reverse mortgages are becoming more popular because they provide senior citizens with cash that they can use to fund their retirements. These mortgages are based on the equity in the home and do not need to be paid back until the loan holder dies or moves out the house.
Even so, you may wonder what other options you have to use your home as an asset to secure your retirement. You may get the money you need to live comfortably by using any of these alternatives to a reverse mortgage.
Last month, I added a new spreadsheet section to the blog. One spreadsheet is the Expense Tracker. If you followed my last post about it, it measures your expenses against income giving you dollar figures to see where your money is spent. It deducts taxes also to predict what you will have left over at year end. This week I made a few modifications to this spreadsheet.
I have been investing for a few years now and following the market for longer. During this time I have seen a lot. Both bull and bear markets, full sectors rising and falling, stock splits, dividend increases or decreases, new IPOs, mergers and acquisitions, just to name a few. While this is all normal for the market, the question remains. Why do I believe this is the best time to be an investor?
I have had a few people come to me recently who are interested in investing. After doing some of their own research, they became dazed with dividends (See what I did there?). One of the hardest parts of investing it just taking the plunge and getting started. We all have to start somewhere. So I figured I would give people a little help and a good starting point by putting it all into one place. Introducing a new section of this blog: Spreadsheets!