How Much Do I Need to Retire?
How much do I need to have saved up to retire? This is the age-old question that has been plaguing both me and the general population for decades. Before we can delve into this, let’s first figure out what it…
What is Forex?
I’ve heard a lot about Forex recently. I even overheard a couple of college – aged people talking about their experiences in forex trading. College-aged people? Really? I had to find out more about this topic. Either it is the…
Is Cash Really King?
My old accounting professor used to always tell us, “Cash is King”. For businesses, this is totally true. Just watch the businesses that went insolvent in 2008, most of them had a lot of debt, little cash flow, and even…
Auto Pay or Bill Pay -What Work’s Better?
Budget set up? Check. Consolidated loans? Check Created debt payoff list? Check Next question….. what method should I use to payoff my debt?…… let’s investigate There are 2 popular ways to pay off debt, auto pay and bill pay. Auto…
How Much Life Insurance Do I Need? – Part 2
Let’s pick up where we left off last week…….. The Downside: Since an IUL is permanent life insurance, there is a 100% probability that a person will pass away. It is inevitable. Insurance companies charge for this inevitable outcome. IUL’s…
How Much Life Insurance Do I Need? – Part 1
Planning for the future?………… Good for you! Planning for the future can be exciting. It enables thinking about what a person wants to accomplish with their life, what they want to be known for, and what their legacy will be.…
How Biden’s COVID Relief Plan Affects The Investor
Recently, President Biden signed the American Rescue Plan, a $1.9T stimulus package to keep the economy moving forward amid the pandemic that the country is in. Here Is What We Are Getting……. Here is a review of some of the…
How To Deal With Financial Trauma
Stressed out about money? Does thinking about the mounting bills drive you into bouts of denial? Do you dread paying the bills because it’s hard watching all that hard-earned money leave the minute in hits your account? You’re not alone…..…
Alternative Investments – Are They Right For You?
Given the chaotic financial environment we have experienced since the start of the COVID pandemic, the stock market has been on a wild and crazy ride. Dips as low as 40% followed by all-time record highs as well as everything…
Inflation’s Impact on Wealth – Part 2
How Does Inflation Targeting Help the Economy? Before we answer this, let’s looks at the factors driving the Fed to consider this new strategy. In recent years, 3 economic developments have occurred that drove the FOMC to review their overall…