The Average Millionaire Is 57 Years Old
The majority of millionaires are self-made individuals who have inherited little to nothing. They have overcome numerous challenges and built their wealth through determination, strategic planning, and a commitment to personal growth. By embracing a long-term mindset, developing strong financial habits, and continuously refining their skills, these self-made millionaires inspire others seeking to create their own financial success story.
The Global Reach of the S&P 500
Investing in the S&P 500 index is more than just a bet on the US economy; it offers exposure to the worldwide operations of some of the largest and most successful global operating companies.
The Enormous Cost of Financial Advisor Fees
The high cost of traditional advisor fees can significantly negatively impact your long-term investment performance, costing you hundreds of thousands of dollars over the course of your investing life.
BOTZ vs QQQ: Which ETF Is Better?!
If you're interested in a niche investment focusing on robotics and artificial intelligence, BOTZ may be the better option. However, if you prefer a more diversified approach to the technology industry, QQQ is likely the more appropriate choice.
JEPI vs XYLD - Which ETF Is Better?
Both JEPI and XYLD could be good options for investors seeking consistent income with relatively lower volatility. The key difference between the two funds lies in their investment focus; while JEPI targets specific S&P 500 blue-chip stocks, XYLD aims for exposure to the entire S&P 500 index.
Analyzing Airbnb’s Financial Health: A Deep Dive into the Home-Sharing Giant
Airbnb has come a long way since its humble beginnings, and its recent financial statements show they're on the right track. They have a strong mission, a growing customer base, and a sound financial footing.
JEPI vs VOO: Which is Better?!
JEPI is great for investors seeking a consistent income stream and willing to accept lower share growth over the long term. However, JEPI isn’t structured to beat the stock market performance-wise over the long term.
On the other hand, VOO is ideal for investors looking for low-cost, broad exposure to the U.S. stock market with a focus on stock appreciation. VOO would be great for investors with a longer-term investment horizon.
The Battle of Diversification: VWO or VB?
Both VWO and VB offer unique diversification opportunities for investors. If you are looking for exposure to emerging markets and a diverse range of companies, VWO might be the right choice for you. On the other hand, if you want to invest in small U.S. companies with the potential for more growth potential, VB could be a better fit.
Unlocking Your Financial Potential
Having a solid understanding of money has never been more important than it is now. Yet, many people face several obstacles that prevent them from executing their money goals.
A Beginner's Guide to Getting Started with Investing
Getting started with investing doesn't have to be overwhelming or intimidating. By choosing the right stock brokerage, determining the appropriate account type, establishing clear investment goals, selecting suitable investment options, and committing to a long-term investing mindset, you'll set yourself up for financial success.
How Does Fractional Reserve Banking Work?
Ever wonder how the modern-day banking system works? Fractional Reserve Banking has both pros and cons. Bank runs, too much lending, inflation, and financial instability are some of the problems that can arise if things aren't managed wisely.
Your income is taxed in phases - not one tax bracket!
your income isn't taxed in one single tax bracket!
Your income is taxed in phases or groups.
The first part of your income is taxed at one rate, while the next parts of your income are taxed at different tax rates.
JEPI vs QYLD: Which ETF is Better?!
The big difference between the two funds is that JEPI is focused on the S&P 500 index. While QYLD is focused on the NASDAQ 100 index. QYLD is more established and has a longer track record. In contrast, JEPI is a newer fund.
JEPI vs JEPQ: Which ETF is Better?!
These funds could be good options to add to your portfolio if you’re looking to prioritize dividend cash flow and minimize volatility in your portfolio. The big difference between the two funds is that JEPI is focused on the S&P 500 index. While JEPQ is focused on the NASDAQ 100 index.
JEPI vs SCHD: Which ETF is Better?!
Both JEPI and SCHD are good funds to add to your portfolio to have exposure to great companies and generate consistent passive income in the form of dividends.
However, JEPI is more suited for those who want to minimize volatility in their portfolio over the long run and still earn consistent income. Therefore, don’t expect this fund to continue to outperform the stock market over the long run.
How Artificial Intelligence Will Change Investing
Artificial Intelligence will make investing easier. And will further cut out the need to hire financial advisors or financial planners. Managing your own money will become easier to do with the advancements of Ai.
The Double-Edged Sword of Credit Cards: How To Benefit
Credit cards are an effective tool for the financially disciplined. But a destructive tool for the impulsive spenders.
6 High Interest Savings Accounts
If you have a big pile of cash sitting in a savings account, at least transfer it over into a high-Interest savings account. You can earn anywhere from 3-4% per year right now. Risk-free up to $250k.
VOO vs SCHD: Which ETF is Better?
Both SCHD and VOO are popular ETFs that provide exposure to the U.S. stock market. However, they have different goals and different holdings, so it’s important to compare them carefully before making a decision. SCHD is focused on dividend-paying stocks, while VOO has a broader exposure to the overall U.S. stock market.
Do day traders beat the stock market?
Day trading can be an exciting way to get involved in the stock market, but it is essential to remember that it is a high-risk activity and the vast majority of day traders lose money.