Live Debt Free and Build Wealth
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 […]
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 […]
Whenever a beginning investor would ask for tips on how to invest in the stock market, he/she would most probably get the response of, “Read and study. Invest on educating yourself first.” I couldn’t agree more. In fact, one of the biggest mistakes that beginners make is that they jump right into investing without building […]
The rising costs of housing (until the recent bubble burst) and healthcare are mind boggling. However, it is the cost of college education that has increased the most; outpacing the CPI, housing market, and even healthcare costs. Take a look at this chart (source: Carpe Diem) comparing the changes in the CPI (index that measures […]
Insurance is for many of us a necessary expense. Most states mandate minimum amounts of coverage, and many creditors require you to buy insurance to offset any loss should something happen to your assets. As we all know one of the biggest expenses behind your car payment and home loans is often your insurance. But […]
Are you guilty of making investing mistakes? Most of us are, so don’t feel bad. The best thing you can do is read up on common investment mistakes so that you can try to avoid them in the future. After all, sometimes the best investment philosophy is just the one with the least amount of […]
After the housing bubble burst in 2008 many of us succumbed to the economy and had no choice but to declare bankruptcy. Many couldn’t make the payments on their homes and lost them to foreclosure. Fortunately, the economy is slowly making progress forward again, and in many markets sales of homes are picking up and […]
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 […]
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 […]
Like all investors, persons who are living off of their retirement savings need a blueprint to construct a successful portfolio. But the blueprint that works for the classic investor who is saving for retirement won’t work for those who are living off of their retirement savings. That’s because the goals of these two types of […]
