When a recession takes hold, your first instinct may be to do some strategizing with your portfolio.
Seeking out recession-proof investments can help balance stock holdings.
Rental properties can act as a natural hedge against market volatility…
While many people dream of gaining financial independence overnight by hitting the right lottery numbers, others are working year after year to make it happen. Financial independence requires dedication and focus, but many can achieve it through simple steps, rather than relying on the "wouldn't it be nice" approach of trying to hit...
A master budget is a series of smaller budgets that are rolled up into one larger budget to provide a more comprehensive view of your business.
Combining an operating budget with a financial budget, a master budget is typically prepared for the upcoming year, and it can also be a...
This year started on a positive note for most investors; 2019 provided stellar returns for almost all asset classes and at the start of the year, it appeared those gains would continue. But we all know what happened next. An extremely fast and deep bear market, widespread business closures and...
With strict social distancing measures still in place throughout the U.S., and with so many industries taking a hit during the pandemic, many Americans are considering the next steps in their careers.
For those with a special skill set, from baking...
While there are many types of lenders willing to give you a personal loan, there is no one best option. Depending on where you prefer to manage your money and the loan’s terms, fees and interest rates, you may find a great personal loan at a credit union, bank or online lender.
Usually, defensive stocks tend to fare better during an economic downturn. These include essential industries, like utilities (water, gas and electric), consumer staples (food, drinks and hygiene products) and health care. Cyclical stocks, on the other hand, have a harder time weathering a recessionary storm, as people stop buying discretionary purchases. Industries that...