tunaman
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Alternative Way’s to Invest In Real Estate
Stocks and real estate are known to be two of the largest contributors to building wealth. People often say that it is difficult to invest in real estate due to the high costs and the amount of capital needed to purchase a home, apartment, or property. Chopperman and I plan to own our own real…
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Three Best Online Stock Brokers For Beginners
As a new investor education is the most important aspect to focus on. Trying to trade stocks won’t do you any good without knowing the basics of trading stocks online. These three trading platforms for beginners offer three main things and they are simplicity, education and a strong variety of educational tools. When I first started to…
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3 Levels of Financial Freedom
Level One- Financial Solvency Financial Solvency is when you’re able to earn enough money where your debt and living expenses equal your income. Here you are living paycheck to paycheck with no money in your savings account and no money in investment funds. You have no room for unexpected expenses or personal adventures. Just going…
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Should Financial Literacy be taught in High School?
Yes, it should, High School fails to teach students personal finance. Instead, schools make students sit through classes forcing them to learn math that they will never use or be part of uncooperative group projects where one student does all the work. At the same time, high school tests the memorization of the material, not…
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Investing in the S&P Compared to a Bank CD
Investing in stocks is very important for long term growth, but be aware of volatility and risk. A bank CD is a safe way to save money without any risk. With a bank CD, the account owner gains an annual interest of only around 2-5%. To me, that is not enough, and I think investing…
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How to Invest Like Warren Buffet
As we all know Warren Buffet is the most successful investor in the world. Modeling our investing strategies after him are crucial. Here is a list of questions inspired by Buffet we ask ourselves before purchasing a stock: How unique are the products sold by the company? How much debt does the company have? How…
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Building Your Credit as a College Student
Not establishing credit as a college student will hurt you in the long run. I applied for my first credit card the summer going into my freshman year of college. I received a $300 limit to build my credit, within one year, my credit score went from 650 to 719. As a commuter, the way…
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What is a Recession?
Economic recessions are a period of temporary economic decline when global trade and industrial activity are reduced. Recessions are recognized when there is a fall in GDP in two successive quarters. There have been 47 recessions within the U.S since the Articles of Confederation, and only 13 since the great depression. Recession is a normal…
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Diversification is Key
Diversification is important for successful investing. Like Warren Buffet says, “don’t place all your eggs into one basket.” Diversification is a technique used to reduce risk in your investment portfolio. The goal is to increase your odds of success. Essentially you want to diversify because specific markets could be volatile and unpredictable. Let’s say you…
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What is a Dividend?
A dividend is a reward paid to the shareholders for their investment in a company’s equity, and it usually derives from a companies net profits. Dividends are decided and managed by the company’s board of directors. Cash dividends are most common, and either get mailed as a check or reinvested into the company. Along with…
Financial Freedom 101 