This is the concluding part of my discussion with a young man who asked how to grow his money. He earns between $60,000 to $90,000 annually, and his savings are in six figures, but he is only getting 0.06% annually for all his effort. So he wanted to know if he should delegate his fund …
Depending on the option you chose, you’ll need at least $100,000. You can create a portfolio of around $400,000 in different stocks; purchase an online business for 3 times their annual earnings, or buy a rental property. Earning an additional $1,000 each month can change your lifestyle. It might not look as much at first, …
According to Wikipedia, the first modern investment funds, the forerunner of what is now known as mutual fund, was established in the Dutch Republic between 1772 to 1773. It was a response to the financial crisis back then and the brainchild of Amsterdam-based businessman Abraham (or Adriaan) Van Ketwich. He formed a trust with the name Eendragt …
The first thing I want you to know is that it’s possible. Some people are already making more than $3,000 per month, and they are not one of the wealthiest names you have heard about. To get started, you need time, strategy, and money to make more money. It will require hard work and sacrifice …
Mutual funds fall under different fund types and classes, but two key classifications or categories you will find are Growth Funds and Dividend Funds. Understanding the difference between growth and dividend styles is essential in establishing an ideal investment plan for you. Combining different kinds of investments may also help you build a diversified portfolio. …
If 2020 has taught us one thing, it’s that you can’t always predict what’s about to happen or how you’ll react. Whether it is a national stock market crash or a worldwide pandemic, people act similarly. Panic and fear take the best of us. Remember how almost everyone overstocked on toilet paper back in March …
Choosing the best, most secure, and long-term beneficial way to invest is a challenge. While turning to individual stocks is an excellent solution, taking it a step further is even better. As a small, beginner investor, you learn as you go on how to build a solid diversified portfolio. One of the best ways to …
