Summer is starting to wind down, and fall is approaching. As has been the case for some time now, my finances are in good shape. Debt is in the form of a mortgage only, and my investments are holding up well. Here is a quick update. Debt I paid off all my non mortgage debt […]
I Got a Promotion Last Week
May 2022 by Leave a Comment
I got a promotion last week. My hard work and business knowledge has finally paid off. I’m going a significant pay increase, so now I have to decide how I’m going to allocate it. Pay Increase This promotion is going to net me around an extra $1000 per month, so it’s a significant increase for […]
What are Some Important Things to Look for in a Financial Report?
February 2022 by Leave a Comment
What are some important things to look for in a financial report? A company’s financial report is a barometer for the health of its business. As an investor, you want to gauge how good of an investment a prospective company may be. A financial report will be one of your main tools in determining a […]
Spring 2021 Update
April 2021 by Leave a Comment
It is April, and Spring is here. The weather is warming up, the grass is growing, and projects are starting to pile up around the house. My portfolio is currently enjoying an all time high, and we are continuing our search for a rental property. I have been keeping busy with both home and the […]
Average Net Worth by Age
December 2020 by Leave a Comment
What is the average net worth by age? How does yours compare to others in your age group? What can you take away from these numbers? Tracking your net worth can help keep your personal finances in check since it measures your overall portfolio value and not simply your income. You could have a high […]
Can you Make Money on Wefunder? – Update for 2021
October 2020 by Leave a Comment
Wefunder is a crowdsourcing site that links investors with startup businesses. There are a multitude of investment types and nearly endless startups (over 340 as of this update) to invest in. But can you make money from Wefunder? The answer put simply is yes. The more complex answer is it depends on the type of […]
How Understanding the Rule of 72 Works Can Build You Wealth
September 2020 by Leave a Comment
Understanding the rule of 72 can help you figure out if an investment is worth putting your money in. It can also help you build wealth by comparing various investments. What is the rule of 72? Simply, it is a formula that will tell you how long it will take to double your money at […]
What is Impact Investing?
August 2020 by Leave a Comment
What is impact investing? Impact Investing is a form of investing that invests in funds or organizations that have the intention of creating or furthering a social or environmental cause in addition to generating a financial return. There is a long history of individual investors and funds avoiding certain companies or asset classes which they […]
Things to Look For When Investing in Small Cap Stocks
February 2020 by Leave a Comment
Looking at the numbers, it is clear that small-cap stocks are performing considerably better than large-cap stocks. If you are looking for information on whether small-cap stocks are a good investment, you are golden. Over the past 20 years, the average annual return for the S&P 600 small-cap stocks is 10.5%. This is higher than […]
Precious Metals For Your Investment Portfolio
December 2019 by Leave a Comment
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 […]
