While markets have boomed over the past 10 years, a recent study by PricewaterhouseCoopers shows that Millennials and Gen Z-ers have been experiencing considerable financial strain. This includes significant decreases in household income as well as difficulties paying for household…
Planning your financial life can sometimes be a lot to handle on your own. If you’re paying off your debt, how much should you invest into your Roth IRA? Should you buy a house or keep renting while you build up some liquidity? While not everyone needs a certified financial planner, they can...
Everybody has heard the stories about big-name entertainers (Sting, Rihanna) or athletes (Kareem Abdul-Jabbar, Floyd Mayweather) being taken advantage of by their financial advisors.
Sting’s financial advisor went to jail for six years for stealing $1.6 million from him, and Abdul-Jabbar lost millions when his advisor used his money for...
Diversification is an important element when it comes to constructing an investment portfolio. While most investors begin their career with stocks and bonds, there’s a wide variety of alternative investments that can act as great diversification tools to a traditional portfolio. Real estate and gold have long been viewed as viable alternative investments, but crypto is now…
Forget the daily $5 latte as an already timeworn example of less than mindful spending. One financial advisor had a client spending some $3,000 a month on sushi — without realizing it. The advisor convinced his client to track a month’s worth of spending and both of them were surprised…
Investing in stocks is a great way to build wealth by harnessing the power of growing companies. Still, it can feel daunting for beginners to take the leap to invest in stocks despite the potential long-term gains.
But how exactly do you invest in stocks? It's actually...
Some people think you need a lot of money to invest. You need a good salary, a financial advisor, and hundreds or even thousands of dollars just to start investing. Let me tell you something: They’re wrong.
What they say may have once been the case: You need a ton of…