Tuesday , 2 June 2020


Personal Finance

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

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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Retired? Financially Stressed? Here Are Some Ways Out

My parents are more stressed now than ever before as a result of the combination of healthcare costs and income squeezes. The threat of bankruptcy for them is a big one, as is foreclosure on their family home. This has inspired me to write this article (guide) for seniors on how to deal with the financial stress in their lives. I hope you find useful.

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In Debt? Consolidate It (Without Using A Service) – Here’s How

Getting out of debt is rarely simple or painless. It’s a process that takes a great deal of time and requires a significant amount of patience. While there are a number of options to consider (including debt management and bankruptcy), the first step you should take — the least drastic one — is debt consolidation. This article looks at five alternatives, and weight the pros and cons of each.

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Should you keep renting, or should you buy a home?

Should you keep renting, or should you buy a home? It's an age-old dilemma nearly every American adult wrestles with at some point. No one wants to throw their hard-earned cash away on rent payments they'll never see again when they could be investing in a home that will grow in value and potentially provide a nice return one day. If that line of thinking sounds familiar, Todd Sinai, a real-estate professor at the Wharton School of the University of Pennsylvania, would like to stop you right there.

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