Posts Tagged“investing”

Don’t Believe These 5 Retirement Investing Myths

Retirement is a marathon, not a sprint. According to Forbes, the average expected length of retirement is about 19 years for males and 21 years for females, assuming retirement at age 65. But 1 in 10 retirees live to see their 95th birthdays, and that proportion is likely to grow as medical screening and treatment improves. Planning for retirement is a marathon, too. You need to start early enough—and stay disciplined enough—to ensure that you have ample savings and income after hanging up your hat for good. Avoiding these five common retirement myths can help you beat the odds and…

What Are the Best Ways to Invest Your Cash?

What are the best ways to invest my money? I get asked this question a lot and the harsh truth is that every type of investment you could make carries with it a level of risk, there is no surefire way of guaranteeing profit, the trick is knowledge and timing. Timing is something that only a handful of people in the World can consistently get right, even investment giants like Merrill Lynch make investment errors, making mistakes is where the knowledge comes in, learning from mistakes you make and being smart enough to get out if quickly if they happen.…

Everyone Must Try These Four Free Money Management Tools

Do you want to grow your wealth? If yes, then you need to manage your money in the most effective manner. Rich people keep track of their money; therefore they have enough money for their life and emergencies. These days, it is quite hard to keep track of spending on an expense register. In such case, you can rely on free money management tools. You are able to either use web versions of such tools or install their application on your mobile. No matter what option you pick, you get a chance to get full control over your money. Let’s…

Why Having an MBA Prepares You for a Career in Investing

Although you know that investing falls well within the finance sector, you may not see the relevance of getting an MBA. You are already working and making a decent wage, so why rock the boat? If you want to go anywhere in investing, anywhere at all, it would be in your best interest to begin working on an online MBA degree from a school like Northeastern University that is accredited by the Association to Advance Collegiate Schools of Business International. The reason for that is quite clear. Investing is, for all intents and purposes, the backbone of any business. If…

The dangers of playing it safe: why is it important to explore new investment sectors?

When it comes to investing, a broad diversified portfolio is the best way to go. Although this advice has been shared countless times, people still have trouble following it. There could be several reasons for this, such as the human tendency to stick to the familiar as well as individual aversion to risk. The volatility in certain investment markets or sectors certainly doesn’t help matters much. Human nature tends to make us reluctant to venture beyond our comfort zone. However, this attitude will do you zero favors in the world of investment. Playing it safe and only sticking with investment…