When you start learning about investing, you are likely to come across certain terms. You will learn that there are main categories of stocks: Preferred and common. While most of us, when we think of buying stocks, actually think of common stock, it can be profitable to own preferred stock. Here are some of the … Read moreWhat is the Difference Between Preferred Stock and Common Stock?
Investing in mutual funds is a popular strategy for wealth building because it’s relatively easy to do, while adding a level of diversity to a portfolio. They are also very efficient for adding more shares to your existing investment, because you can often buy more shares without incurring additional transaction fee. Many investors, both beginners … Read more5 Tips for Investing in Mutual Funds
One of the best ways to boost your returns over time is to invest in a tax advantaged retirement account. With a tax advantaged retirement account, you get the benefit of investing with pre-tax dollars (for a traditional account). This means that you can boost the amount of money that goes into your account, helping … Read moreIRA vs 401k: Where Should You Invest First?
When many of us think of investing, we think of the stock market. Perhaps, we even think about bonds. However, investing doesn’t have to be limited to equities and bonds. There are numerous other investment choices available. Some of these investment opportunities can even outperform the stock market. However, as with all investments, it’s important … Read more6 Investment Alternatives to the Stock Market
One of the best ways to grow your wealth over time is by investing your money. And if you want to reduce your risk, and improve your diversification, funds can be a great way to go. Funds allow you to get started small, and use dollar cost averaging to gain exposure to a variety of … Read moreInvesting Strategy: Growth Funds and Value Funds
If you are looking for an instant diversification as you work to grow your wealth, a mutual fund (or an ETF) can be a good way to proceed. With either types of fund, you buy shares of several underlying investments at once, because a fund is a collection of investments (so when you invest in … Read moreHow to Build a Great Investment Portfolio with Low Cost Funds
One of the ways that you can boost your efforts at building a retirement portfolio is to use dividend reinvestment plans (DRIPs). DRIPs provide you with a way to take advantage of dividend stock investment, and then improve upon it by building wealth. Photo by PT Money. How Do DRIPs Work? There are some companies that … Read moreBuilding Your Retirement with Dividend Reinvestment Plan
Not to be overly pessimistic, but when Wall Street starts setting records it’s time to start hatching an Investment Plan B. Stocks can continue to rise, but they can also either stagnate for a very long time, or they could start turning down. When ever markets hit new records, you should be preparing your investment … Read morePreparing Your Investment Portfolio for Volatile Markets
If you think you are ready to start investing, it can seem daunting knowing where to begin. The following article gives you a step-by step information to help walk you through the process of getting started with investing your money. 1. Have An Emergency Fund in Place Most financial experts will recommend that before you … Read moreHow to Start Investing in Stocks
A mutual fund represents money contributed by multiple investors. That money is managed by an individual, or more likely, a whole slew of individuals. Not surprisingly, those folks who help manage and oversee your money do not do it on a volunteer basis. They get paid. Do you want to guess who pays them? You … Read moreWhat are Mutual Fund Expense Ratio and Fees?