Friday , 29 March 2024

Personal Finance

7 Ways to Stop – Then Recoup – Your Stock Market Losses (+2K Views)

Many investors have seen their net worth...decline sharply as a result of the current stock market correction. If you are among them, don’t panic. While there is nothing you can do to avoid the stock market from crashing you can take steps to prevent further losses and get back on the road to recovery. Here is a 7-step plan.

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7 Things You Should Know About Your 401(k) Match (+2K Views)

When a company matches the money you contribute to your 401(k) plan, up to a certain amount, these matching funds can be a very powerful way to save money over time for retirement and, as such, it's important to take advantage of a company's full 401(k) match if you can. Every company has different policies regarding these matching funds, and things can often be confusing for new investors. Here are some key things to know.

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Tariffs: What Are They & How Do They Impact the Economy & Your Investments? (+2K Views)

President Trump recently announced new tariffs on imports of steel and aluminum, in a move that got mixed reviews from business and political leaders. The new tariffs would increase levies on aluminum by 10% and steel by 25%. There is much debate about the sensibility of these tariffs, but rather than wade into that morass, let's examine what tariffs are and how they impact the economy and your investments.

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15 Kinds of Insurance Worth Considering (+2K Views)

Most people are familiar with the most common kinds of insurance — home, auto, life, and health insurance but there are many additional insurance policies available for things that are probably not covered by your everyday basic policies. Depending on your risk exposure, additional insurance coverage could be worth the cost. Here are some less well known kinds of insurance you might want to consider.

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Wealth 101: A Crash Introduction To Investing

Investing is about taking advantage of higher rates of return and benefiting from the power of compound interest over long periods of time. It’s also about finding the best ways to mitigate the risk via diversification, being patient, etc. Today's infographic outlines the difference between saving and investing, and provides some basic tips on how to get started in the market.

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20 Ways to Increase Your Savings and Retire Rich

Daydreaming about retirement is easy, but saving for it, however, takes time and effort — and is something a lot of Americans struggle with - but there are strategies that can help make the process easier. Here are 20 ways to pad your bank account before it's time to retire.

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How Bond Prices and Yields Work

When we talk about investing, we frequently talk about stocks as they are likely to make up a the bulk of your investment portfolio during the majority of your investing years but bonds can be a helpful part of your investment mix at any age, and it's important to understand how they work — even if you don't own many of them right now. This article examines bonds and why we should pay close attention to them these days.

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