Want to ensure your child is financially savvy? Want to start investing in your child’s future? Maybe it’s time to ask: what are custodial accounts? Children look to us to learn important life skills, including how to save and manage money so they can achieve goals. Setting up a custodial account on their behalf is a great way to both teach them about the long-term benefits of saving and set aside funds for their future. You can get started by learning what custodial accounts are and ...Read More
Answering The Most Frequently Asked Questions About Exante’s Web Platform
In the twenty-first century, information is paramount. Many traders who want to get started with professional trading firms would do well to equip themselves with the knowledge they will need to make an informed decision when it comes to choosing the right trading platform for them. In this article, we will answer some of the most frequently asked questions about Exante’s web trading platform. These questions include matters related to licensing and regulations, functionalities and...Read More
How Did The Great Recession Affect Gold Prices?
What exactly causes an economic recession? Well, there are many factors that could conspire to cause a drop in commercial activity; interest rates are obviously a major factor. When central banks like the Federal Reserve (privately owned) hike the interest rate, people have less money to spend and that impacts all but essential industries and even them to an extent. When inflation starts to creep up, this usually sends ripples through investment markets. That typically leads to a surge i...Read More
Why Should I Save With a 401(K) Plan Instead of An IRA Plan
Investing in a 401(k) is an effective way to save for retirement. That's because it offers several advantages, like tax-deferred growth and matching payments from your employer or plan provider. If you're eligible for both an individual retirement account (IRA) and a 401(k), you may wonder which one will offer you the best value for your money. You might need to select from reliable and trusted 401(k) providers over IRA because it offers: 1. Tax-Free Growth Until You Withdraw Your ...Read More
Diversify Your Investment Portfolio This Year With These Ideas
Image Source: Freepik The global economy has yet to fully recover from the pandemic and for many private investors, this is a time to review all investments with a view to making some changes. We all know that it is unwise to put all your eggs into one basket, especially in such an uncertain time. With that in mind, here are a few investment ideas to add some diversity to your investment portfolio. Rental Property - If you have the capital to acquire and renovate a house in a trendy area ...Read More
The Benefits And Downfalls Of Crypto Investing
Choosing an investment can be tricky; there are so many options out there, and they all seem to promise massive returns. However, not all opportunities are suitable for everyone. For example, when assessing the pros and cons of investing in real estate, you'll find that the cons include some hurdles most of us can't overcome. You need a substantial fortune to start investing in real estate, and you might endure concerns like problematic tenants, hefty property maintenance costs, an...Read More
What analysis tools do CFD traders use in Australia?
If you are an Australian trader thinking about trading the markets using CFDs, then you will need a high-quality CFD trading platform. The best CFD trading platforms in Australia are easy to use, come with many different features to help your trading, and have low and transparent trading fees. It is also essential that ASIC in Australia tightly regulates your CFD broker and CFD trading platform. In this thorough guide, we look at the best CFD trading platform in Australia and some of ...Read More
Picking the Right Penny Stocks to Trade
Penny stocks have got a bad rap for a lot of different reasons, some unjustified. These stocks are poorly regarded by many retail and institutional traders, owing to their OTC and Pink Sheet status. Unlike traditional stocks listed on the NYSE, S&P 500, NASDAQ, and Dow Jones, many penny stocks simply trade over the counter. The literature is peppered with horror stories about company pump and dump schemes with penny stocks. True to form, other than Tier 1 and Tier 2 penny stocks, man...Read More
Pros and Cons of Investing in Real Estate – Is it For You?
Many of us have seen or heard stories about entrepreneurs making their millions through climbing up the rungs of the property ladder. They start with a small starter property and end up with an impressive portfolio of real estate. However, investing in real estate is not for the faint-hearted. There are many aspects of buying real estate that are significantly profitable, but on the other hand, there are a few pitfalls potential investors should be aware of. Before investing in rea...Read More
Investing in Real Estate: Is It Worth Your Time and Money?
Investing in real estate. It's always talked about, but is it as great as it sounds? It's hard to imagine all of the different benefits when it requires such an enormous start-up cost. Alongside this, it's much more work than simply buying a stock and observing the market. How do you know if it's worth it? Well, in this article, we are going to discuss some of the main aspects of real estate investment, so you can determine precisely if it's the right choice for you. Interested? Then kee...Read More