Investing

Habits Worth A Million Dollars

Compound interest

Make Money with Compound Interest

What is Compound Interest? Compound interest refers to the continuous addition of interest to a principal sum. In other words, when reoccurring interest payments are reinvested into an initial sum, it results in exponential growth. This is because each reinvested interest payment will be larger than the last. To clarify, compound interest occurs when there

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The Stock Market

Understanding The Stock Market | Everything You Need to Know

What is the Stock Market? The stock market is a collection of markets and exchanges where people buy and sell shares of publicly-held companies. A trade will occur when someone has shares they want to sell for cash, and another person has cash they want to use to buy shares. You will execute the trade

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What is a 401

How to Utilize a 401(k)

What is a 401(k)? A 401(k) is a retirement account that the employer sponsors. This account allows employees to prepare for their retirement by dedicating a percentage of their pre-taxed income to a separate account. In other words, you will place every pay period a percentage of the income you earn from your employer into

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certificate of deposit

Learn How to Invest in CDs (Certificate of Deposit)

What is a CD? (Certificate of Deposit) A Certificate of Deposit is a savings account with a fixed interest rate and a fixed withdrawal date. In addition, CDs require a specific initial deposit that will be held until the maturity date. Another important feature to understand is that typically the longer the time deposit, the

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low risk investing

Best Low and No Risk Investments in 2020

What Are Low and No Risk Investments?  The goal when financially investing is to use potential assets to receive further profits. This concept compounds, meaning profits can be reinvested to create an exponentially growing profit loop. You can convert money into a cash-flowing asset after a transfer of location. Holding large amounts of money in

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index funds

How to Make Money With Index Funds

What is an Index Fund? An index fund comprises a specific selection of stocks designed to track the performance of a financial market sector. There are 11 market sectors that essentially every publicly traded stock falls into; Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Information Technology, Telecommunication Services, Utilities, and Real Estate.

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