APR Basics: What Is It And How To Calculate APR

When you take out a loan, you usually see the interest rate you have to pay the bank that lends you the money. However, there are other things you as a borrower should be aware of. One of them is the so-called APR, which  stands for Annual Percentage Rate. This is the annual rate of interest you have to pay on your loan. The lower the APR is, the lower your monthly installments […]

Read more

What Are The Best Bitcoin Wallets In The Market

If your money needs a bank account where you keep it and make payments, a wallet is a place where you can keep your Bitcoins and use them. Before you set up an account, you have to choose the right wallet for you. There are several different types of wallets: desktop, hardware, online and mobile. What are their pros and cons? Which are the best Bitcoin wallets?

Read more

The Best Real Estate Crowdfunding Sites For Investors

Crowdfunding has become an option to raise money for all types of causes and needs. Recently, even the real estate industry has thrown its hat into the fray.  Over the last two years, a heap of sites has popped up to help investors around the world invest in real estate.  In this regard, we want to present a compilation of the best real estate crowdfunding sites around […]

Read more

What Are The Different Types of IRA

IRA stands for individual retirement account and this is a savings account in which people put some money for “rainy days” – retirement. These accounts offer some tax advantages and there are two main types – Traditional and Roth IRA. To have an IRA you must meet two major requirements – you should be under the age of 70.5 and also have a monthly income. Your IRA will invest the money you have put into the account in various business opportunities – stocks, bonds, and make a profit for you.

Read more

How To Negotiate A Balance Transfer Fee?

A balance transfer is the process of transferring partially or all of the balance of an existing credit card to a new one. This is also known as debt consolidation. The main reason people do that is to lower the interest rate on their current credit cards. That comes in handy especially if the balance is very high. Thus, you will pay more to reduce the credit card balance and less to pay interest.

Read more

Student Loan Refinancing – Is It Recommended For You?

The federal student’s loan interest rates are set up by the congress and on the other hand, the private students’ loans interest rates are set up by terms of the underlying contractual loan. Therefore, under these tight conditions, the student is left with no option but to refinance their loans in order to lower their rates. This is done through a private lender […]

Read more

What Are Robo-Advisors And Should You Consider It?

Robo-advisors are a kind of financial advisers that provide online financial advice or portfolio with minimal human intervention. They became popular when people began searching for inexpensive but convenient automated opportunities.  Within minutes, robo-advisors can help you set up a diverse but customized portfolio right in the comfort of your desk […]

Read more

P/E Ratio – What Is It And How To Calculate Its Value

P/E ratio stands for price-earnings ratio. This is a measure that reflects the price of a company’s share compared to the earnings per share. Why is this important to investors. Well, briefly the P/E ratio shows how much should an investor pay for $1 of a company’s earnings. The higher the ratio, the more an investor should pay for the company’s earnings […]

Read more

Universal Life Insurance: Pros and Cons

Universal life insurance (also known as UL policy) is a type of life insurance which combines two elements: a lifetime coverage and a savings account feature. Not only does it offer insurance over a long period of time but also the chance to gain cash value, which acts as a savings account. It accumulates interest over time.In fact, the cash value is the thing that makes this type of policy so attractive […]

Read more

The Pros And Cons Of Municipal Bonds

Municipal bonds bear either fixed or variable interest. The payment schedule will depend on the terms of the bond.  The issuing government unit receives money from investors as payment for the bonds.  In return, the issuer promises to pay the bondholder the stated interest on the bonds.  Interest is paid over an agreed period that could run from a few months to a few years […]

Read more

What Are The Best Cryptocurrencies To Invest In

It all started in 2008 when a person (or people, who knows?) Satoshi Nakamoto created something they called “a peer-to-peer electronic cash system.” Simply said, using the so-called blockchain technology, Nakamoto created the first digital money or as we know it cryptocurrency. Ever since then, hundreds of new, different and innovative digital currencies have appeared. Let’s take a look at those you have surely heard of and some that are newer, less popular but have great potential in the future.

Read more

Blockchain Technology –  What Is It And How It Works

Most probably everyone associates blockchain technology with Bitcoin or other popular cryptocurrencies. And they are right to do so. However, this is something like an entirely new universe with tons of possibilities and things you need to be aware of. Today’s articles is a short guide to blockchain technology. Let’s get started right away[…]

Read more

Fees and Expenses Associated with Mutual Funds

According to the SEC, there are two main groups of fees and expenses. The first group’s name is “Shareholder Fees” and include all charges imposed on buying, selling or exchanging mutual funds. They could be front- and back-end sales loads, redemption fees and others. The second main group identified by the “Operating Costs”, which stem from the management of your account.

Read more

Real Estate Crowdfunding – How It Works

Talking about a growing sector, here you can see some interesting statistics showing the development of the crowdfunding industry. In 2015, the total amount of money raised reached $34.5billion compared to $2.7billion back in 2012. In 2015, real estate crowdfunding reached $3.5 billion. Experts predict that the whole crowdfunding sector will have expanded to $300 billion by 2025 […]

Read more

REIT Investment – What Is It And How it Works?

Usually, REITs pay their investors in dividends and offer the opportunity to diversify an investors’ portfolio. Both investing in real estate and stocks is an option. In addition to offering a long-term capital appreciation and regular income in the form of dividends, these corporations are affordable. Instead of purchasing the real estate yourself, you buy stocks in a REIT and get […]

Read more

What Is Fixed Rate Mortgage And Why You Should Consider It?

Getting a home mortgage can be difficult. The amount of detail you have to put into the structure is haunting. The sheer number of opportunities at hand can be confusing and sometimes overwhelming. There are a number of these mortgages. The most popular one is a fixed-rate. This simply means that the interest rate won’t fluctuate over the time you have the mortgage.

Read more

How to Find the Best Stocks For Day Trading

Day trading (also referred to intraday trading in the article) is the process of trading on daily basis – you open and close positions within a day. It could be very dynamic and challenging as well as rewarding if you know the rules of the game. Many people prefer this type of trading because it looks relatively easy and you can make a profit each day[..]

Read more

The Most Popular Gold Bullion Coins For Investment

Think for a moment about gold – a precious metal always held with high regards. To most investors, gold form an outstanding investment, not like many other investments that you may be thinking of and through the years, gold has been widely accepted and has been utilized for many uses one of the uses being the making of world’s most beautiful coins […]

Read more