What is FinTech? Financial Technology, aka FinTech, is a technology used to improve and automate the use of financial services. FinTech is the 21st century competitor of traditional banks. FinTech offers a faster service. Online banks and bank apps allow consumers to make financial transactions anywhere and anytime. Unlike Read more…
“Money is not the only answer, but it makes a difference.” – Barack Obama It’s a new year and a new decade. That means setting new goals and creating new habits. Taking control of your finances should be a top priority in your New Year’s resolution. Here are a seven Read more…
“Behind every stock is a company. Find out what it’s doing.” – Peter Lynch The stock market is divided into different sectors that provide unique qualities to each investment portfolio. Before jumping into the stock market, take the time to learn about the various stock market sectors. There are 11 Read more…
“In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.” —Peter Lynch Access to affordable and quality health care is a huge topic in today’s society. Read more…
“Risk comes from not knowing what you are doing” – Warren Buffett When learning about the basics of stocks it is important to understand the different types of stocks. Every stock does not fit every occasion. Some stocks provide short-term cash, some provide long-term capital growth, and some stocks provide Read more…
“Unfortunately, in a recession, the people who suffer the most aren’t the rich, but the wanna-be rich and the poor.” – Robert Kiyosaki While it is impossible to know exactly when the next recession will hit, many economists are predicting that the next economic decline will be by 2020. According Read more…
“What the wise man does in the beginning, the fool does in the end” – Warren Buffett According to studies, by the year 2035, Social Security funds will be nearly depleted. That means that anyone under the age of 40 can expect to receive very little or even no Social Read more…
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson The New York Stock Exchange was created in 1792. Over the years, it has contributed to creating fortunes as well as misfortunes. Although the Read more…
“ Investing puts money to work. The only reason to save money is to invest it.” Grant Cardone Experienced investors like Warren Buffett advise the masses to invest long term. In most cases this is true. However, every investment you make does not have to be long term. There Read more…
“The biggest single thing that has lifted people out of poverty is free trade.” – George Osborne What is a Trade War? According to Investopedia, a trade war occurs when one country increases tariffs on another country’s imports in retaliation to the second country raising its tariffs. A tariff is Read more…