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 […]
September 25, 2016
Investing under a Trump Presidency

Investing under a Trump Presidency

Should i Investing under a Trump Presidency? Lets find out. The upcoming Presidential election is polarizing the nation. Two of arguably the least liked candidates in history are set to battle it out on the debate stage in just a few days. No matter where you stand on politics in just a couple of months one of them will be sworn in as the next President of the United States. With that transition some major policy changes are inevitable, so what should we expect to see in the investment world? Obviously, that depends on the winner and in order to figure that out, we’ll need to dissect the platforms of both candidates so you get a pretty good idea of what to invest your money in. Let’s start by taking a look at the areas you may be wise to invest in with a Trump presidency. Investing under a Trump Presidency INFRASTRUCTURE There are four areas that it makes sense to gravitate to with Trump. He’s running with the slogan of “Make America Great Again”, but just how does he plan to do that? One of his top priorities is “the wall”. He’s stated over and over that we’re going […]