Roth IRAs are a great tool to help save for retirement. Incase you’re not familiar with the basics, Roth IRA stands for – Individual Retirement Account. The Roth part indicates that you are contributing post-tax dollars. Roth IRAs are not as complicated as they may …
Have you heard the term “Dead Cat Bounce” on the news lately? Sounds kind of morbid doesn’t it? Well, in a way it is. According to Investopedia, a Dead Cat Bounce is a slight recovery in a downturn followed by the continue fall of stock …
Are you worried about an impending recession? Have you been wondering how to create a budget and maybe even putting it off? Well, you’re in luck because we have a completely free downloadable budget template here. It’s just a simple excel spreadsheet, but it’s easy …
Banking is a concept that has been around since the invention of currency and trading. People don’t want to hold onto their own money when it’s convenient to store it in a central location. Now, banks offer a wide range of products and services beyond …
Options aka financial derivatives can be really difficult to understand, and even harder to make money off of. This post is going to attempt to make sense of some options basics.
Robinhood. No not the children’s movie, the investing app that’s revolutionizing how the lay person invests. Here is an overview of the basics, and a short review so if you’ve been curious or this is the first time you’re hearing about it – you can …
Budgeting is HARD At first glance, you might think it doesn’t sound too bad, track the in…track the out… compare. But when you really think about how often you exchange money, it quickly becomes daunting. Different people have different strategies, I talk about using excel …
Happy New Year! The start of a new year signals the rush of new faces to the gym, more people elbowing you in the organic aisle in the grocery store and new lofty savings goals. We all know we can be very ambitious with these …
Bear vs. Bull, what are they? “Bear” and “Bull” are used to describe market trends. You will often hear the term “bear-market” or “bull-market”. They are used to describe how the market is moving-up or down. These market terms really describe how investors are feeling …
How do you know when to move money to savings? How do you know what balances to keep in you’re checking account? When I first started out budgeting and working on my own personal finance journey, I googled these questions as well. I was …