Trading Stock Options is a practice that allows knowledgeable investors to leverage assets. Many people are aware of the maxim, “buy low and sell high” but with stock options, it is possible to make a profit whichever direction the market is heading. Stock Options can be a great way to manage risk as well What …
Tag Archives: personal finance
Cryptocurrency Trading: What’s It All About?
I’m sure everyone has at least heard the term cryptocurrency, but what is it? I must admit I have only recently discovered some of the benefits and I have traded stocks, options and forex for quite a while. Is cryptocurrency trading the next big financial vehicle? Will Bitcoin take over as the ultimate form of …
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ETFs 101: Quick guide to Exchange Traded Funds
Exchange traded funds, more commonly known as ETFs are frequently mentioned on many of the financial and investing channels, but what are they really? I would imagine more commonly, ETF could refer to Electronic transfer of funds, but that is not the case. In this quick guide to ETFs, I discuss what an ETF is, …
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Mutual Funds: What are they?
Mutual funds are one of the most common investments. They seem to be popular in conversations around retirement and in the personal finance world. For that matter, whenever you watch any news show, it seems there is someone talking about investing or saving money in either insurance or mutual funds. Mutual funds are one type …
How Personal Credit Works
Personal credit and the credit scoring system can oftentimes be confusing. It seems nowadays that you cannot do anything without first checking with the credit “gods”. In this review of how personal credit works, I discuss in detail what a personal credit score is, how credit scores are calculated, how banks use your credit history …
Emergency Fund Savings: Do you need one?
Banks and Financial Advisors often talk about an Emergency Fund Savings Account, also known as an emergency fund, as something required for every individual. Is it really required? Are there other financial vehicles that can accomplish this? In this review of Emergency Fund Savings, I will first define what is meant by an emergency fund, …
Tips for Saving and Investing Money
Have you ever wondered where are the good tips for saving and investing money? How do people know which is better, Saving or investing? Or are they both equally important? In this tips for saving and investing money post, we will discuss why both are important and why you may consider one over the other. …