Personal Financial Update. Part 3. DEC 2019

2019 is already over.  This year seemed to fly by.  Since this will be my last personal update of the year it is a good time to look back and review 2019 from a personal finance standpoint. Wealth Building 2019 was a very good year for my portfolio.  I’m up just over $70,000 for the…

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How To Avoid Getting Into Medical Debt

Medical debt is a growing concern for many families. The rising cost of healthcare is incredibly expensive and can cause financial ruin for families who are unprepared. Having a plan in place for medical bills that may arise is a high priority. What can you do to prevent medical expenses from causing you harm? Here…

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How Low Interest Rates Can Affect Retirement

Have recent interest rate cuts impacted retirement?  The short answer is yes.  Things can get complicated, but low interest rates do have long-term effects on the economy and could alter your retirement planning. Retirement Income One of the most obvious short-term effects to lower interest rates is a decrease in income generated from CD’s and…

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The Good, the bad and the ugly about CFD trading

CFD trading can be defined as selling and purchasing CFD which stands for ‘Contract for difference. They are an imitating commodity because they give you a chance to speculate or rather make assumptions of business markets which include forex trading, shares and stocks, and other items without necessarily having to take full possession of the…

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Precious Metals For Your Investment Portfolio

Source:Pexels.Com Precious metals are rare and non-reactive metals. Different factors determine the economic value of precious metals. Such factors include rarity, use in industrial processes, and use for investments. High Demand for Precious Metals The most highly demanded precious metals are gold, platinum, silver, and precious metals used in industrial processes. These metals may be…

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