Mortgage refinancing: are costs worth the savings?

More and more homeowners opt for refinancing at the time of low interest rates. The hassle and expenses associated with refinancing are justified if: You bought your home at the time of high interest rates. Now they have dropped and you want to take advantage of it. You want to…

How To Save Money On Your Auto Insurance

There are many ways to save money on auto insurance. Most people know about the common ways, but many still may not ask their insurance company if they offer these discounts, get them applied to their policies to lower their rates, or think about switching to a company that offers…

How to invest overseas using single-country funds and ETFs

For that reason alone, financial advisers typically recommend putting 15 percent of a stock portfolio in non-U.S. markets. For most people, a diversified international mutual fund covers the map. Yet if you’re keen on a particular foreign market, consider giving a small portion of your international allocation to a fund…

What are private equity investments

Private equity investments are capital invested in public, but more typically private, companies on a private placement basis and are not available in the public markets. Private equity investments run the gamut of corporate finance strategies, ranging from financing of start-up companies to debt investments in mature companies. Sub-categories that…

ETFs (Exchange Traded Funds): pros and cons

Exchange Traded Fund or ETF is a fund that tracks an index, but can be traded like a stock. They are like stocks because they: • trade all day long on the major stock market exchanges (mostly on the AMEX) • ETFs can be handles like regular stocks, which means…

How important is having an insurance agent?

Insurance agents may have a less-than-golden reputation as a group, but when you think about it, this stereotype is mostly based on sales practices. Nowadays, with Internet resources at your disposal, you can educate yourself to avoid shady sales practices and select an agent that offers real value. It comes…

What is behind the numerous figures of the quarterly reports

Investors need to get an idea of what is behind the numerous figures of the quarterly reports. It can be hard for an inexperienced investor to understand the point of this obscure paperwork. The first thing to take note of here is the company’s profit, i.e. the bottom line of…

Investing in Options

While many investors may believe that options are a product of recent financial innovation, options were, in fact, conceived thousands of years ago. Some market historians trace the origins of options as far back as ancient Greece and the philosopher Thales. In the United States, stock options began trading in…

Plan your retirement wisely

Most Americans save for retirement over their professional lives. It pays to think of your future while you are young and active as you need more and more money for a happy life in the old age. There are many reasons for a young professional to start saving: • The…

How Your Credit Affects Your Insurance

With mortgage rates at record lows, many people are scrambling to get their finances in order so that they can buy a house or refinance their current home loan. Now we all know that our credit histories will affect whether or not we get the loan we need to buy…