Investing is one of the main vehicles people use to grow their wealth. Investing allows your money to make money of its own. To quote “Rich Dad, Poor Dad”– it allows money to work for you. While there are many different types of investments out there, below are six of the more common types. Each …
Investing Basics: 6 Types of Investments You Should Know Read More »
A common goal for many people seeking financial independence is to create passive income, income that grows with minimal work involved. Compound interest is an essential factor in passively growing your money and can be a powerful tool for creating wealth. What is compound interest? Let’s start with simple interest first. Simple interest occurs when …
We get it, investing can seem like a daunting, risk-prone pursuit for someone looking to expand their wealth beyond their savings account. However, with the right information you can harness the full earning power of stocks with very little know-how on the subject. Investing in the stock market should be about the long game- a …
