In this day and age, many Americans, especially younger adults, can be classified as ‘financially illiterate’. A study conducted in the recent past states that nearly two-thirds* of Americans can’t pass a basic financial literacy test. Most of these people don’t know how to manage their finances because they were never taught how to do ...

The investment industry in America has always been riddled by conflicts. Traditionally, these conflicts were of a simpler nature, out there in the open for everyone to see. As such, it wasn’t very difficult to spot and avoid them. In this day and age, it’s a different story altogether. Factors like globalization and a massive ...

Most of us understand that an investment is a process of investing money in order to earn a profit. Usually, we make the mistake of relegating all our investments towards the later part of our adult lives – mostly after the age of 30 when we are well-settled in our careers and happily married. However, ...

Strategic planning, intellectual investing, and considerable savings give way to a happy retirement.  When you leave your job, you are free to create your own schedule. You also gain the liberty to pursue your interests without having to worry about missing office and losing out on a salary. This is only possible if you ensure ...

Much like the market, your portfolio protection strategy should be dynamic in nature. With changing laws, market situations, economic expansion and downturn, the value of your assets and their tax liabilities also change. Creating a portfolio is not a one-time task. There will be many times when you will be required to make immediate decisions ...

When the market is volatile, it becomes very important to know the right time to capitalize on an investment. If you have been investing in different assets to generate wealth, you must have come across different approaches and strategies to improve your investment position. Remember, there is no clear winner when it comes to investing ...

“The more you learn, the more you earn.” This simple mantra should be your guiding torch throughout your financial journey. There is no single best way to make secure investments. It is only with good knowledge about different strategies that one can come to a prudent decision. There could be two approaches to learning: The ...

Recession is defined as a prolonged period of decline in economic activity. Typically, if the economy suffers from two consecutive quarters of negative gross domestic product or GDP, it is considered to be in recession. As per businessman and financial commentator, Jim Rogers, recession is an unavoidable part of the market, and hits the economy ...

Artificial Intelligence or AI has taken the world by a storm. Going by the recent trends in technology and human acceptance and dependence on it, the time when robots completely and automatically devise financial plans is not too far away. British physicist, Stephen Hawking, once said, “The development of full artificial intelligence could spell the ...

Social Security benefits are undoubtedly one of the steadiest and most stable sources of income in retirement. But it is important to understand that these benefits work in combination with other sources of income, dividends, and interests that you earn. They are also taxable. The most alarming aspect of Social Security that most people are ...