Identifying cheap stocks in the market seems like an obvious move to execute the buy low, sell high strategy, but it can lead investors down unexpectedly treacherous paths. Cheap stocks are often priced that way for a reason, and overloading on these names can expose investors to bad companies, low-growth industries, and cyclical time bombs…
What is a financial plan and how can I build one?
Managing your money can sometimes feel like a daunting task. However, one way to stay on track is to use a financial plan to guide your path.
Your financial plan is a document that provides a roadmap to your money destination. It lays out your current financial situation, helps you...
Should you use personal loans for investing?
Whether you're planning for a large purchase or paying for an unexpected home repair, a personal loan is a helpful tool. Since funds can be used for nearly any purchase, you might be considering using personal loans for investing.
Taking out a personal loan and investing it might seem like...
How many stocks should I own?
It’s all happening. You’ve got the job. You’ve got a place to live. Now you’ve got some expendable cash and you’re ready to play the stock market and invest some of your hard-earned money.
Then you open up a finance news site or search for a hot inside tip and...
Stocks vs shares: Explaining the difference
Sure, you know what the stock market is, and you’ve heard time and time again that you should be investing. If you’re sitting on the sidelines of the stock market, you aren’t alone.
Even with the recent bull market (which basically just means stock prices are rising), Americans,...
How these small businesses are surviving during the coronavirus pandemic
The past few months certainly haven’t been easy for small businesses.
Many had to shut their doors due to the coronavirus pandemic. While some may never reopen, others are ramping up their business — and hoping they don’t have to shut down again.
Avoid making these investment mistakes, the pros warn
If you’re invested in the stock market, you may be familiar with the good feelings that can take over when share prices — and your portfolio value — are climbing higher.
You may want to scrutinize that emotion.