Understanding Your Credit Score and How to Improve It
A credit score is a vital factor to consider regarding your financial health. It can help lenders determine if you are a responsible borrower and approve you for new loans. Having a high score can also help you lower your interest rates. There are a variety of simple...
Staying Financial Stable in Retirement
One of the most frightening things about retiring from work is the end of your regular paycheck. Having a hard time saving for your retirement may seem like a daunting task. Before you retire, you must understand how much money you need to save to make informed...
A Bear Market: What You Need to Know
A bear market is a type of market condition that occurs when the prices of securities fall significantly from their recent highs. It can be triggered by widespread pessimism among investors. Although bear markets are usually associated with the overall decline in the...
What Could Ruin Your Financial Planning
Some people think the best way to ensure they don't lose their hard-earned money is to invest in long-term plans and keep everything on paper. But what happens when you're too old, sick, or don't have the means any longer? If you don't know what precautions you need...
Yield Curve Conditions and Locations
A yield curve is the set of all possible interest rates or yields over time. There are many options for the shape of a yield curve, ranging from one to five-year notes to ten-year bonds. It can also break down into two parts: a short and long end. The abrupt end...
How to Know the Money Market
The money market is a marketplace where banks, credit unions, and other financial institutions trade their excess cash. The term "excess cash" refers to a financial institution's cash. Know the pros of investing in the money market The money market is a very liquid...
How to Invest in Bitcoin
The following helpful information is not a recommendation, but for those wishing to participate in the digital coin realm, here is some useful information. Cryptocurrency has been a hot topic lately. However, it's been around for quite some time. Bitcoin is...
How Inflation Affects the Value of Your Money
Whenever people discuss finances, the conversation inevitably turns to inflation. Inflation refers to the increase in priced goods and services over an extended period of time. In other words, as the price of goods increases, the value of currency decreases. It’s...
Inflation: A Dissection of Today’s Inflation and Monetary Policy
When dissecting today's inflation situation and monetary policy, it's essential to know what exactly each is. Inflation occurs when there is a decline in purchasing power of a given currency over time. This is often reflected in increasing the average price of certain...
How to Improve Your Portfolio Skills
Managing a portfolio is an essential part of financial growth. Contrary to popular belief, portfolio management is available to any level of investors, not just financial advisors and experts. As with anything financial, it is critical to research before making any...