August 2, 2017

Freebies to Make Life Financially Simple

Free stuff. I hear you. Your thinking, “Yeah right!” While getting something for nothing these days just doesn’t happen very often, it does happen. The best part is there are freebies out there that span the free world! They run the gamut from stocks to diapers. Take a look at these and see which ones you want to pocket. Free Stock Trades Since I’m a financial guy, obviously the one I want to start with is stocks! Yep, free stock trading. No need to hire someone, you can absolutely do it yourself (although there are good reasons not to). You can use fee-free trading platforms like Loyal3 or Robinhood. All you do is open an account (both come in apps or you can use a web browser), give some required information and start trading your funds. You can invest as little as $10 on Loyal3, while Robinhood requires no minimum balance. You can also check with more-traditional online brokers to see if they’re running promotions. So get your trading shoes on and go! Free Samples Whatever you’re looking for, there’s likely a free sample somewhere. Many blogs and sites offer free samples. You can nab anything from toiletries to clothing to food, […]
April 28, 2017
5 Financial Do-Overs I Wish I Had

5 Financial Do-Overs I Wish I Had

Whether they’re personal or financial, life always comes with regrets. How many times in life have you uttered the words, “If I could do that over…” Probably many! Just like you I’ve wished for my fair share of do-overs. So today I’m going to share the 5 financial do-overs I wish I had, in hopes that you won’t make those same mistakes. 5 Financial Do-Overs I Wish I Had I wish I maxed out my ROTH contributions the moment I started making money. — If I’d put back $300-$500 a month back when I first began working at 16 years old, the compound interest alone would be unbelievable. However, like most young folks, I wasn’t looking toward the future. Obviously, I hadn’t grasped the concept of compound interest. Albert Einstein is attributed as saying, “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pays it.” Whether he said it or not, the truth behind that quote is undeniable. The power of compound interest is truly mind-blowing. I wish I had hatred of debt, the way I do today. — I hate debt! Hate it! I hate it! Hate it! I hate it! To see the crippling effect […]
February 15, 2017
must do financial moves

8 Must Do Financial Moves for the Young Adult

The Eight Personal Financial Tips For Young Adults It’s unfortunate that personal finance is not a compulsory subject in college and high school yet. This is one of the reasons why so many are fairly clueless when it comes to money management in the real world. Getting started is the hard part. So to help you understand what you need to know about personal finance, here are eight powerful tips that will guide you to living a worry free financial life. Learn Self-Control You may be lucky to have learned self-control from your parents as a kid, but If not, self-control is a skill that will help you keep your finances in order. It is not a crime to effortlessly buy stuff any minute you want,  but it’s advisable to be patient till you’ve actually saved some money. If you continue with the habit of pulling out your credit cards all the time to make a purchase, regardless of whether you can pay the bill in full at the end of the month or not, you may head down the wrong path. In 10 years time, those bills might still be a bone on you to crack. If you are going […]
September 26, 2016
Investing under a Clinton Presidency

Investing under a Clinton Presidency

Yesterday we took a look at some areas that could potential be big investment areas under a Trump presidency. Today we’re dissecting the agenda of Democratic nominee Hilary Clinton. The two candidates are polar opposites on just about every issue at hand, so where do you go to bat if she becomes the next president of the United States. Here’s a few we foresee being possible winners. Managed Healthcare Companies Clinton has made no bones about what a fan she is of socialized medicine. She recently stated she wanted to take the Affordable Care Act a step further than President Obama did. If she has the opportunity to capitalize on that promise, then someone has to manage it, which is where the managed healthcare providers come in to play. A four or eight-year term under Clinton will likely turn the heads of investors this direction making these companies ones to watch. While her plan may devastate some sectors of the healthcare industry, these companies probably won’t fall in that category. Renewable Energy Companies Much like President Obama, Clinton is a big fan of renewable energy. Many of her supporters and donors come from these companies. Most of the fossil fuels […]