You might have just started enjoying the freedom of getting a paycheck and would be tempted to spend it all on shopping, traveling and having fun. Studies show that many young Americans are careless with their finances. They do not save money, forget to pay their bills on time and do not bother about starting retirement funds. But remember that lack of investments and spending more than your income can be very harmful in the long run. [Read more…]
Investment Alternatives to Mutual Funds
Those days when investors could blindly stack their cash in mutual funds are behind us. The returns from mutual fund investments have gone down and various other investment options have emerged that look much better. Many retail investors seem to have ignored this fact and they are still not moving their cash from mutual funds to other areas. [Read more…]
Risking Your Financial Stability for Short Term Growth
Is there really such a thing as short term growth? It seems that so many of us are aching to make smart investments that pay off big in a short time period, but this leaves our finances in a risky spot. It is not always worth shooting for that big pay off. You really shouldn’t look at investments the way you look at a lottery. All in all, the term short term growth is sort of misleading. In many cases there is no such thing. [Read more…]
