For a long time, we have thought of home ownership as part of the American Dream. You could own your own little patch of ground, and make it your own. However, things may be changing. Home ownership may no longer be considered a huge part of the American Dream. Indeed, some may prefer to rent.>>> [Read More]
Tag Archive: Investment
What Do YOU Want Out of Retirement?
One of the essential issues of personal finance is that it is vital that you consider what you want out of life, and how you can use money to reach those goals. Money really is more of a means to an end, and it is vital that you consider what you want out of retirement. As you plan to retire, and begin saving money for that not-as-distant-as-you-might-think day when you want to leave the rat race, the first thing you need to do is figure out what you want out of retirement. It may sound selfish, but if you need take care of you first. If you don’t know where you are going, and why you are going there, you can’t create an effective financial plan. And retirement is a pretty big financial destination.>>> [Read More]
3 Things You Should Know About 529 College Savings Plans
When it comes to saving for college, you want to make sure that you are on the right track. One way you can help your children save for college is to open a 529. I am glad of my son’s 529 plan, but I also know that in some cases, a 529 can trip you up. Just like any other investment product, there are pitfalls to try and avoid. And, of course, a 529 isn’t for everyone. Before you decide to invest in any college savings plan, make sure that you take some time to research what’s available, and that you understand some of the downsides that some investments carry.>>> [Read More]
Getting More from Your CDs
One of the ways to add a little stability and safety to your investment portfolio is to create a CD ladder that can help you keep your money in an investment that offers safety and relative liquidity. However, that safety and liquidity come with a couple of downsides.The guaranteed returns mean that banks want to ensure that you will keep your money with them, and returns are generally fairly low.>>> [Read More]
