Looking down the road, planning for retirement is a major stressor for just about everyone. How much money will I need to retire? Will Social Security Benefits still be around? Will I have enough money to retire for good? How long will my retirement last? When it comes to saving for retirement and your golden … Read More “Understanding Retirement Accounts: Which One Is Best For You?” »
Category: Investing
Here are 7 ways to put your stimulus check to good use! Pay Any Late Bills Stock up on Food Storage Put it towards your Emergency Fund Max out your 2020 or 2021 IRA Pay on High Interest Debt/Loans Invest it for the long haul Donate it to a charity or someone/place in need. So, … Read More “What Should You Do With Your Stimulus Check?” »
The rule of 72 is a simple way to figure out how long it will take an amount of money to double. All you need to do is divide 72 by the annual interest rate. This will give you a relatively close estimate to the number of years before your money is doubled. [72 … Read More “What is the Rule of 72 and How Does it Work?” »
What is going on with the stock market? Well, to keep is simple, a Reddit group started a buying trend of the GameStop stock, GME, after it was identified that there were millions of shares being shorted by large hedge funds. This created a short squeeze between the Reddit group holding the shares of stock, … Read More “What Does Reddit Battling Wall Street Mean for the Average Investor?” »
Yay, we made it out of 2020. Congratulations! Since we are now cruising into 2021, I thought it would be a good time to look back on this past year. While 2020 was hard and pushed me out of my little bubble, it led to some high points in my life. I bought my first … Read More “2020 – A Year in Review 2020 | COVID and ALL the Craziness” »