I Need Help Managing My Money – Part 1

I Need Help Managing My Money

A couple of weeks ago, someone reached out to me, and I feel it’s important I share the story with you because, as it turned out, several people are facing this challenge. Also, I have seen the same question pop up in many forums where personal finance is being discussed.  So, this young man said …

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Dollar Cost Averaging Selling

Dollar Cost Averaging Selling

The more you delve into investment strategies, the more you seek methods of investing at lower prices or when the market is volatile. Some newbies prefer to stay out of the market when it’s volatile; well, they may be staying out for a long time because the market is volatile for the most part. One strategy experienced investors use …

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Should I Cash Out My Stocks & Take All My Gains Now?

Should I Cash Out My Stocks & Take All My Gains Now?

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 …

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What’s The Typical Relationship Between Risk And Return?

Can you handle risky investments?

During my school years, I always thought the smarter kids would have a better lifestyle. Graduating from college, I realized that nothing could be farther from the truth. Those who were risk-takers in life (whether it’s their career choices or investments) were the ones that came out on top. When it comes to investing, what …

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What You Should Know About Your Risk Tolerance

What is my risk tolerance when it comes to investing?

Saving and investing money to grow your wealth can be stressful, knowing what your risk tolerance number is could be a game changer in how you see things and take action. In 2010 I was going nowhere, my finances sucked. In 2013 I started understanding personal finance, learning more about it, and getting myself (and …

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