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…

Why is insurance such a key part of my overall financial plan?

There are few financial topics more important (and, sadly, more mundane) than insurance. No matter how diligently you build your financial empire, failure to purchase adequate insurance can put you in a desperate hole in a heartbeat. On the other side of the coin, few things will attack your investment…

What are the things you should insure?

How’s your health? Could you afford to lose it? If you become sick or disabled, temporarily or permanently, would you be able to support yourself? For most people, the answer is “no,” yet a large number of people — even some with quality health insurance — are not insured for…

Governments Engaged in Digital Diplomacy through Social Media

Digital diplomacy is the new buzz word that governments are following nowadays. Social media unites people globally for any common or serious problem. Their voices are the power and determined only by Likes and Shares provided by them. Let us see the importance of government getting engaged in digital diplomacy…

How to pick a good mutual fund: watch the costs

Mutual funds have suffered a serious blow when the public learned about serious machinations in the industry. The public has heard a number of times that the majority of the funds underperform the average return of the stock market. However, the funds are still there. Moreover, you will probably need…

How to Keep Vacancies to a Minimum

For landlords, preparing for vacancies can be a daunting prospect.  It is only natural to feel concerned, if you have a tenant that seems to be getting a bit wobbly financially, about losing rental income due to an upcoming vacancy.  Preparing for the situation in advance can do a lot…

Is there a mortgage after bankruptcy?

Sure there is. Even if you made the mistake of shoring up too much debt and were not able to cope with it at one point in your life, there are still people willing to make money off you by extending a mortgage loan. This may take some time though….

Closed-end funds are: definition

A “closed-end fund,” legally known as a “closed-end company,” is one of three basic types of investment company. The two other basic types of investment companies are mutual funds (open-end investment companies) and Unit Investments Trusts (UITs). Here are some of the traditional and distinguishing characteristics of closed-end funds: –…

What are mid-caps?

With the stock market growing fast, stock mutual funds continue playing an important role. Mid caps, short for medium capitalization, refer to stocks with a capitalization in between $500 million and $7 billion. To understand properly mid caps, it is important to really distinguish between “small”, “medium” and “large” caps….