Do You Know Your Car’s Insurance Group?

Before purchasing a car, whether new or second hand, it is a good idea to find out the car insurance categories or groups for models you like. Most big corporate companies like Money Supermarket car insurance, provide categories or groups in detail. Size Matters If you want to buy affordable auto insurance, initially, you might [...]

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4 Questions to Ask Yourself About Fire and Flood Insurance Coverage

If you have taken out fire and flood insurance, either on your own or as part of an overall homeowner’s policy, it is important to know exactly what such a policy covers. Don’t be vague about what these kinds of policies-specify items you are willing to insure and circumstances in which that insurance applies. Keep [...]

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Basics of Building an Income Portfolio

When many of us think of investing, the first thing that comes to mind is a retirement account, and investments for the future. While building a future nest egg through investing can be a good idea, and can help you achieve financial freedom later, it is also possible to use investing as a tool to [...]

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Top 5 Common Investing Mistakes

Putting your money to work for you is a great way to save for retirement, pay for college, and increase your overall wealth. The trick is to avoid investing mistakes – which almost always lead to a loss of money. 1. Making Excuses to Delay Investing Probably the most common mistake investors make is waiting [...]

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How Useful Are PE Ratios Really for Analyzing Stocks?

For many investors, the PE ratio (price to earnings) is the holy grail for analyzing stocks. However, it may be frequently overused. Many investors have refused to buy stocks with high PE ratios, stating they were overpriced. Many stocks, such as Microsoft continued to see higher prices for years, despite having high PE ratios. A [...]

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How Mutual Funds Work

Mutual funds are a type of communal investment that gathers money together from numerous different investors to purchase stocks, bonds, and other securities on a larger scale than what an individual investor could afford independently. When you contribute money to a mutual fund, you get a stake in all of the fund’s investments, and your [...]

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Is Saving For Retirement During College Wise?

Having enough money to retire looms over everyone’s head like the Sword of Damocles. Financial advisors keep singing the same tune: Saving for retirement works best when the saver is young. Compound interest will magically multiply their money without having to put in any additional effort. By the time they are ready to retire, a [...]

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Common Investing Mistakes: 401K

Americans tend to be very bad at saving for the future. In 2010, 43% of workers had less than $10,000 put away for retirement, according to the Employee Benefit Research Institute. While it’s certainly understandable why people put off thinking about and saving for the future—it feels so far away!—maximizing your retirement savings is one [...]

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Investing in Modern Memorabilia and Collectibles

Kate and Will’s royal wedding spawned a whole new world of modern collectible kitsch, everything from love mugs and teabags to shoes and t-shirts, which will no doubt be worth a mint in a few years time as the market in modern memorabilia booms. With all manner of modern day iconic antiquities cashing in, here’s [...]

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Why It’s Essential To Have Investment Diversity

The economics behind investing is quite simple: you need diversify. Though there are many other dogmatic approaches to investing, ultimately, it’s up to you as to which stocks and accounts you invest your money in. Diversity is still the most essential part of investing, but this is for too many reasons to list. There are [...]

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