As a leader, you’ll figure out pretty quickly that most people are more willing to do what you ask them to do if you give them the right carrots — that is, incentives and rewards. Both psychology and economics back up this approach with nudge theory, which involves presenting positive…
Money in the bank might take the form of numbers on a computer screen or rectangular stacks of green paper in a vault. Either way, people have been putting money in the bank for the same reason for centuries: security.
Although they’re obvious targets for robbers, banks are highly secure...
Whether you’re on the verge of becoming a first-time homeowner or this is your second time around, homebuying mistakes can happen. Still, it doesn’t hurt to make a concerted effort to avoid as many mishaps as possible.
Here are 11 common homebuying mistakes and some…
A hedge fund is an investment vehicle in which investors pool their money and purchase certain investments. Hedge funds aim to bring investors greater returns than they get in the stock market, or even with other types of funds. The name came from the fact that investments were often chosen…
Buying a home is difficult, but try selling your home and buying another at the same time. On a level of difficulty, this is the gymnastics balance beam of homeownership.
There are about 86 million homeowners in America. If you’re one of them, and you need to move, there’s a...
A cash-out refinance is a way to replace your current mortgage with a new one under new terms, and get an additional lump sum of cash in the process.
Essentially, it is taking out a new loan for more than your current mortgage balance. The new loan replaces your existing loan and you receive…
A target-date fund is a mutual fund (or exchange-traded fund) that gradually rebalances and reallocates assets as you get closer to retirement, typically shifting the majority of assets from riskier investments such as stocks to more conservative – or fixed-income…