Finance Basics

3 Easy Financial Adjustments that Pay Dividends for Years

There are days when staying on top of your finances might seem like a full-time job. Fortunately, not everything you do to help your money situation needs to be hard or take a long time. There are many little things you can do that have big results. Here are three very easy financial moves that […]

Family

We Need to Talk… About Money

Having a hard time discussing money? You’re not alone. For many Americans, it can seem like it’s harder to discuss money than it is to talk about death. We need to get over this taboo. Why? Because whether you’re part of a couple, on your own, raising kids, or caring for aging parents, you – […]

Options

Long Call Spread Strategies

A long call spread gives you the right to buy stock at strike price A and obligates you to sell the stock at strike price B if assigned. This strategy is an alternative to buying a long call. Selling a cheaper call with higher-strike B helps to offset the cost of the call you buy […]

Trading

The Importance of Portfolio Rebalancing

Over time, you might start to see your portfolio asset-allocation veer off track because of market ups and downs. Market variation could cause the performance of an individual stock to improve, while other stocks either remain consistent or actually start to decline in performance during a certain period of time. To give an example of […]

Credit

Credit 101: What Is Credit And How Does It Work?

According to a NerdWallet survey conducted by Harris Poll, most Americans don’t understand how common actions can affect their credit scores. This can have a seriously negative impact on their financial situation. Here are a few tips on building your credit — a smart money habit. Building (and maintaining) a solid credit background can strengthen […]

Family

Be a Good Financial Role Model and Turn Your Kids into Savers

Responsible financial management is not innate. Most kids aren’t born savers and some can struggle with the concept of deferred gratification. It can take real dedication to invest for the future (for adults and children alike) particularly when there are so many distractions at hand. If you have children of your own or spend time […]

Finance Basics

20 Minutes to a Better Financial You

We all know that time is often a precious resource. So much to do, so little time! Fortunately, improving your financial life doesn’t have to be time-consuming or too complicated. The tasks below usually take around 20 minutes or less, but can help you take a big step towards improving your finances. Try crossing a […]

Trading

25 Simple Ways to Save for Investing

According to research, less than ten percent of Americans feel they’re successful in achieving their New Year’s resolutions. If you started this year with the hope of building your investments, don’t despair. While it may seem like every dollar you earn is already spoken for, you’ll be surprised at how many ways you could find […]

Trading

Long Inverse ETF Strategies

The concept behind inverse exchange-traded funds or ETFs seems quite simple. When the underlying target index goes down, the value of the ETF is designed to go up. The target index may be broad-based, like the Standard & Poor’s 500 index, or it could be a basket chosen to follow a specific area of the […]

Trading

Basics of ETFs

Like a mutual fund, an exchange-traded fund (ETF) pools the money of many investors and purchases a group of securities. Like index mutual funds, most ETFs are passively managed. Instead of having a portfolio manager who uses his or her judgment to select specific stocks, bonds, or other securities to buy and sell, both index […]