Gross domestic product (GDP) is one of the most common measures of the economy for any nation. It is an important calculation but doesn’t always tell the whole story. Read on for a primer about what gross domestic product is, how it’s calculated, its limitations, and why GDP should matter to you.
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Motley Fool Stock Advisor is Motley Fool’s flagship premium stock-picking service. It is a valuable resource for well-resourced investors interested in picking their own stocks, but is not appropriate for everyone. Learn about Motley Fool Stock Advisor and whether the service is right for you.
You’ve probably heard that the Federal Reserve has lowered interest rates, but what does that mean and how does it affect you? What do changing interest rates mean for our most common expenses like mortgages and auto loans, and investments such as bonds and real estate? Read on to find out.
When your belongings are locked up in a box at the bank, you can only access them when the bank is open — which is a big problem for papers you might need to access in an emergency. And there are some physical valuables that, for one reason or another, are best stored elsewhere. So if you have a safe deposit box, here’s a rundown of what’s best to store and not to store in it. And if you don’t, here are some of the items that might make you consider getting one.
Thanks to the Tax Cuts and Jobs Act of 2017, most investment-related expenses are no longer deductible. But in certain circumstances, you may still be able to get a tax break. Learn which investment-related expenses you can still deduct and how to qualify for them.
If there were really a legal way to make big bucks for minimal effort, everyone would be doing it. So if you think you’ve found a money-making scheme that truly can’t miss, check first to make sure it isn’t one of these. They all sound good at first blush, but they just don’t stand up to scrutiny.
Everyone feels the temptation to try to time the market – the stock market, the housing market, any market. It’s human nature to try to be cleverer than everyone else. And it’s only the beginning of the uphill battle we all face against the temptation to time the market. In psychology, there’s a phenomenon known
When it comes to the tenets of proper investing and personal finance, some rules have been discussed so often that even non-experts know them: Do not get deep into debt, save money for a rainy day, buy life insurance, and do not try to day trade. There is one rule, however, that is considered the
Like anything else you buy, if you want to save money on contacts, shopping for deals from the right retailers is crucial. Thankfully, numerous retailers can help contact lens wearers save money. If you’re tired of overpaying for this necessary expense, these are the places to shop.
If your traditional bank’s savings account yield is less than impressive, many online banks, community banks, and credit unions offer high-yield savings accounts with better interest, terms, and incentives. Pick the one that’s right for you.
There are many potential sources of passive income. They all require at least some money, work, or both, but once you put that in, you can keep reaping the benefits long into the future.