Everyone needs time to unwind, but not every hobby has to be expensive. Many hobbies are virtually free, and some can even pay you money. Whether you’ve already thought about monetizing a hobby or the idea is brand-new to you, it can be a fun, low-stress way to inject some extra income into your household
You searched for
Buying Stocks
12 articles
Either you control your money, or your money controls you. And when you reach your 30s, it’s time to take your finances by the horns and wrestle control of them once and for all. But if you’re like most Americans, your parents didn’t teach you much about smart money management. Nor are our schools teaching
One of the most popular pastimes of the 21st century, it would appear, is millennial-bashing. Hardly a week goes by when an article doesn’t pop up in your news feed about yet another product or industry that young Americans are “killing” by refusing to feed it the dollars it deserves. Millennials – defined by Pew Research as
Corrections are part of the natural order of markets. Markets move erratically because they’re driven by millions of people pushing, pulling, and reacting. While there can be wisdom in the crowd over the long term, in the short term, markets fluctuate based on emotion, on day traders trying to earn a quick buck, and on
Have you ever been reluctant to let go of something you knew you didn’t need, just because you paid good money for it and don’t want to give it away for free? Do you ever find yourself cradling a prize or reward that, moments earlier, you wouldn’t have looked at twice – but now that it’s
Landing your first career-track job is cause for celebration. Before you start planning for your first day on the job, take an evening or weekend to revel in your accomplishment. You deserve it. What must come next will not be as fun, but it’s crucial to your long-term financial position. Your first “real” job is
I hear the question all the time from new investors: “I have some money, but what should I invest it in?” It’s the first question a person asks when they find themselves with excess cash for the first time in their lives. I see it in the personal finance group I administer on Facebook, I
As a real estate investor and real estate entrepreneur, I’m a great believer in direct real estate ownership. But it’s not for everyone. It’s hard to buy an investment property if you have less than $1,000 to invest, for example. Even if you’re approved for a low-down-payment mortgage, you still need to pull together thousands
What was true 30 years ago isn’t necessarily true today. Few people would agree that cassette tapes produce the best possible sound or legwarmers are the height of fashion. And like technology, fashion, cultural values, and just about everything else in life, financial wisdom changes over time. We all carry around certain financial assumptions we
I hear it repeatedly from new investors: “I want to get more serious about my investments, but everything I read about investing sounds like a foreign language!” One of those new vocabulary terms that personal finance nerds like me bandy about is “rebalancing your portfolio.” Like most investing terms, the concept is actually quite simple,
Nervous about bear markets, crashes, and corrections? Equities offer outstanding returns in the long term, but their volatility can be terrifying in the short term, especially for new investors. Fortunately, investors have plenty of options to reduce risk in their stock investing and sleep easy at night. But for all the benefits that stocks and
For much of the past decade, interest rates have been at historic lows. Interest rates set by most lenders tend to go up and down based on the federal funds target rate, or the rate at which banks can borrow from other banks, which is set by the Federal Reserve. This rate has ranged from around