How to choose the right bank?

The recent controversy surrounding Britain’s banks seems to have made people a bit pickier when it comes to choosing their banks. Recent research has shown a huge increase in the amount of Brits hoping to change banks, whilst the reputation of some major high-street lenders has certainly been called into question. Banking customers who have […]

How Many Stocks Should I Own?

What is the right number of stocks to own in order to be diversified? Is it 5, 10 or 50? There are many theories on this subject and each investor should take into consideration their individual situation. This article will explore some of the main points that one should consider when deciding how many stocks […]

Avoid Banking Fees by Understanding Reg D

Regulation D is a Federal Reserve Board regulation that defines what a transactional and non-transactional account is. In addition, Reg D places withdrawal limits on non-transactional accounts. The savings and money market accounts that you have at your bank are non-transactional accounts, while your checking account is considered a transactional account. Reg D places a […]

Who Needs Gap Insurance?

GAP (Guaranteed Auto Protection) Insurance is an added insurance for your vehicle. While your regular auto insurance may pay for costs to get your car repaired or replaced in the event it is damaged, your regular auto insurance will not protect you if you are upside down on your car loan (you owe more on […]

Who Really Owns Your Mortgage and Why?

There is a good chance that the mortgage on your home is not actually owned by the bank that you make your monthly payments to. Over the last several years you have probably heard the term mortgage-backed security (MBS) in the news.  Basically, a MBS is where lenders sell peoples’ mortgages to investment banks and […]