Master Your Personal Finances. Build True Wealth. Live A Better Life.

Three Benefits of Liquid Investments

Liquid Investments

When you are looking at potential investments, one way to compare them is how liquid they are. Liquidity refers to how easily you can sell the investment to raise cash. Cash and cash equivalents are the most liquid investments. Stocks, bonds and mutual funds are also fairly liquid. There are several benefits of keeping your […]

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Buy? Hold? Sell? What’s the Answer?

Stocks & Investments

Image via Flickr by 401(K) 2012 The economic recession and resulting volatile stock market has almost become cliché. Advertisers overuse the situation and analysts overthink the problems until we almost stop listening – but still, we want answers. Being able to discern between the nonsense and the facts is an ability that can be quite […]

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Tips for Starting to Invest in the Foreign Currency Market

Investing In Forex

Investing in the foreign currency market can be lucrative. However, it is not without risks, especially for people just starting out. Many years ago, the foreign currency market was only open to large traders, such as multinational companies, banks or other entities with big sums of money to invest. Now even people with small amounts […]

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Money Rules To Live By

Rules For Managing Your Money

8 Foundational rules of financial education that you need to know and understand in order to take charge of your finances and build true wealth. When it comes to financial literacy among young American’s the numbers look pretty bleak. A study by the National Council on Economic Education, which covered over 20 economic and personal […]

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Ways to Start Investing With Minimal Risk or Money

Low Risk Investing

Developing good financial habits at an early age will serve you well for the rest of your life. Investing wisely is a skill that everyone should learn. Even if you do not have hundreds or thousands of dollars in your savings account, there are ways that you can still invest. Company Sponsored Retirement Plans If […]

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Saving For College: Traditional & Roth IRA Plans

Using An IRA For College Expenses

Using a Traditional IRA or a Roth IRA as a savings plan for college expenses. Earlier in this series I discussed using 529 Savings Plans and Cloverdell Education Savings Account (ESA) to help pay for college. In this installment I’ll go over how you can use Individual Retirement Accounts (IRAs) to pay for qualified educational […]

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Choosing The Best College Savings Plan: Coverdell ESA

Coverdell Education Savings Account

Are you considering investing in your child’s college education?  Ever wonder which college savings program is right for your specific financial situation?  Well you’ve come to the right place.  In part 1, I discussed the 529 College Savings plans.  You can read about the 529 college savings plan here: 529 College Savings Plan In today’s post, I will talk […]

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Choosing The Best College Savings Plan: 529 Plans

529 College Savings Plan

Ever wonder which college savings plan is right for your child?  Through the myriad of choices, it can be quite complicated to figure out which plan makes sense to your specific financial situation.  In this 3-part series of  blog posts, I will talk about the types of college savings plans available. There are generally 3 […]

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Top 10 Most Useful Android Financial Applications

Best Android Personal Finance Apps

Android is one of the world’s most popular smartphone operating systems. If you own a phone that runs on the platform, you already know how useful it is as you can make and receive unlimited long distance phone. However, Android smartphones offer many additional great phone features that include the usage of apps that can […]

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Diversifying Time Investments: Why New Business Owners Should Keep Stocks (and a Day Job)

related posts

Starting a new business is exciting, time-consuming, and expensive. You might think it requires all of your time and money, but take a step back from that train of thought. Keep in mind that some opportunities will actually do better if you keep your day job and diversify your current investments. Starting a Franchise Image […]

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Nielsen Global Survey of Investment Attitudes Explains Oz Spending

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The Nielsen Global Survey of Investment Attitudes is one of the world’s most useful tools for economic predictions of all sorts, from one of the top globally acknowledged analysis and ratings institutions. This year, the survey was released in early July and conducted over 18 days in February. It polled some 28,000 consumers in 56 […]

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Retirement Plan For The Millennial Generation

Millennial Generation Retirement

4 Essential Steps You Need To Take For A Comfortable Retirement The other day I ordered breakfast from McDonalds, and was so saddened by the woman who took our order.  She was a sweet old lady about 85 years of age.  “Why is this woman still working?” I thought to myself.  Perhaps she was bored […]

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Ways to Gain Financial Independence

Financial Independence

Everyone wants to gain financial independence of course. But very few people actually have it, or take the steps to achieve it. Luckily it is actually very simple once you get started. Financial independence should not be confused with being wealthy, it simply means that you are comfortable in your financial shoes so to speak. […]

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How To Open A Trade King Investing Account

TradeKing Investing Account

Opening a trading account can be a scary proposition for some and it can seem a little overwhelming.  Opening an account will require having a lot of information on hand, the investment industry is very highly regulated by the government and as such there are many hurdles to jump through.  Not to worry though we […]

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10 Interesting Facts about Traditional IRA’s

Traditional IRA Facts

1. Traditional IRA’s are never joint accounts.  They are meant only for the individual. 2. There is no minimum age requirement to participate in traditional IRAs.  Your children can have a Traditional IRA as long as they have earned income. 3. However, you must be under 70 ½ in order to make contributions to a […]

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11 Investment Rules That I Live By

Investing Rules To Live By

Blogging at A Young Investor, Tony draws from his investment experience in stocks, commodities, and currencies to show others how to invest profitably in today’s volatile markets. I’m a firm believer in rules – follow your rules, and you can’t stray too far off the path to success. Never is this more true than when […]

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Best Ways of Managing Global Investment Risks for Your Long Term Portfolio

Long Term Investment Portfolio

Economic risks are once again giving investors nightmares. Investors are wondering whether or not it is a good idea to make investments given the high instability of the global economic market. It comes as no surprise that nothing serves as a bigger deterrent than uncertainty and the current crisis enveloping the entire globe suggests that […]

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Why Being An Investor Is So Important

Being an Investor

Investing is one of the best ways to create long term growth and increase wealth.  I’ve been investing since I turned 18 and I opened my first trading account and funded it with my tip money from delivering pizzas. I remember waking up every morning and checking my account and pouring over the Wall Street […]

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How to Identify the Right Stocks to Invest In

How to find the right stock to invest in

Today I was reminiscing back to March of 2009, when the Dow Jones Industrial Average crashed and hit a low of 6,627.  The last time the Dow Jones reached that level was back in 1997.  It seems like a whole decade was lost during this stock market crash of 2009.  If you invested money in […]

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