Safeguarding Your Financial Life and Building a Financial Stronghold
The trick is, don’t own a single or just several stocks, while one could argue to pick an undervalued stock, and hope that it will increase in value in the near future. But let's admit this, nobody knows whether it will perform in any given months or years. The way to ‘cheat’ in the stock … Read more
Believe it or not, there are some ‘myths’ that stopped many from venturing into the investing world. “Not knowing how…” “Don’t have money…” “Fear of losing…” and beginner investors are too often caught up in the 'Chicken and Egg' dilemma, as in which come first? Chicken or the egg? "Do we get a $1000 … Read more
Here's a little perspective on how you can invest in the stock market. Now, with the fund you have, what could you do? You will first need to decide how do you want to invest it… A lump sum or drip feeding the fund? This is an important decision, and you shouldn’t be made solely … Read more
Now here’s some interesting fact, based on the survey report by the CFP board; nearly 9 in 10 of those surveyed have stress about their finances. With Debts and Expenses being the major causes of the most financial stress. As of what would help most in reducing their financial stress, about three-quarters from the surveyed … Read more
The answer is YES, and the approach is rather simple. Just invest in an index fund such as S&P500 index by Dollar-Cost Averaging (DCA) approach! So for you to get some idea, S&P500 since its inception until today would be approximately 10%. But we have to factor in the inflation, so let's just assume a conservative … Read more