Thursday , 19 January 2017


Personal Finance

Check Your Change! Certain Recent US Coins Are Worth $Thousands

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There are a number of U.S. error coins and die varieties in circulation today worth from $30 to $35,000 because they have small distinguishing characteristics that make them rare and valuable. This article will tell you which of your pocket change coins might be worth a large premium over face value, and why. Words: 1100

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A Financial Bucket List For 2017

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When you think of a bucket list, and mention money, it's easy to start daydreaming about things that cost a fortune. However, you don't have to have your head in the clouds to achieve a bucket list of money moments. Here are 8 of the big ones.

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The Changing Ways Americans Spend Their Money – Surprising

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Consumers are the foundation of the U.S. economy and today's chart plots data (reflecting median spending, and adjusted for inflation) from the Bureau of Labor Statistics (BLS) for 12 different consumer categories over a period of nearly 75 years to show the changing way in which Americans spend their money.

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Bank Stock Recommendations Are Only 43% Accurate! Here’s A Ranking

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When holding their stock picks for the year, banks were only 43% accurate with their predictions. That’s right! Flipping a coin would have been potentially more effective than buying bank stock picks, which ended up down -4.79% on the year. The S&P 500 finished down only -0.69%. Simply just making any interest in a savings account would have been more effective as well. [This article ranks] the banks, from best to worst, based on accuracy of their calls and also based on the performance of their recommendations.

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How Does a Reverse Mortgage Work – Definition & Requirements

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A reverse mortgage, also known as the home equity conversion mortgage (HECM) in the United States is a financial product for homeowners 62 or older who have accumulated home equity and want to use this to supplement retirement income. That being said, these loan products are often a challenge to explain or understand, even for people who have plenty of financial experience, so we hope this article better explains the basics.

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