Archives for February 2016

Kid Friendly Roth IRA = 7 Year Old Millionaire

Let's talk about how a Kid friendly Roth IRA can set your child up to become a millionaire. Saving money is an important part of life and this is especially true for kids. Many parents feel that the financial climate is only going to get worse as time passes. Prices are going to rise and unless a child is prepared they are going to financially struggle in life. Parents that start to save money for their children while … [Read more...]

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200 Day Moving Average - Still Relevant?

Investors worldwide use the 200 day moving average. Do you? Let's start by explaining what the 200 day moving average is. The 200 day moving average (MA) is, in the simplest terms, a security's average closing price over the previous 200 days. Many investors use this as a means of trying to gauge buy-in, or sell, opportunities. The 200-day MA is what many in the industry feel is the demarcation between a company that … [Read more...]

Is Life insurance worth it?

Many folks wonder is life insurance worth it. The reality is that it depends on your situation. Let's start with what life insurance is. Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of the policy holder. Life policies are legal contracts and the terms of the … [Read more...]

Top 5 reasons the Buy and Hold Strategy still pays off

The buy and hold strategy has a long history of producing wealth. Is it still relevant today as in the past? Let's discuss. The buy and hold strategy of investing claims that most investors are better off buying an established stock, or preferably a diversified basket of stocks, then holding that stock for the long term. Instead of speculating on particular stocks or trying to time the market, buy and hold investors … [Read more...]

Federal Reserve and Negative Interest Rates

The Federal Reserve is the source for America's Money! What is the Federal Reserve? The Federal Reserve Bank (FRB) is likely the most important entity in our country as it is our central bank. It has four tiers, was established in 1913 as a result of the Federal Reserve Act and has 12 regional banks. The United States is a country that was kind of late starting a central bank as countries go, and it was borne out of a … [Read more...]

My relative has bad credit - Should I cosign?

Should I cosign? Before you cosign on a loan let's be clear what it is. What is cosigning? It is the act of signing on another person's debt with them, (a car, house, any type of loan) guaranteeing that the cosigner will make the payment in case the buyer cannot. In this article, you will learn the pros and cons of cosigning, what a cosigner does, and why someone needs a cosigner. Back in the day, a man was as good … [Read more...]

Stock Market is down - Has Apple Stock Peaked?

The stock market is shaky right now, has Apple peaked? Apple computer has been on a mostly upward trajectory since its IPO in 1980. Now, five years after the death of Steve Jobs, observers are wondering whether this trajectory can continue over the long term and has Apple peaked. Unfortunately, the market-moving product releases that Apple saw under Steve Jobs have not continued under his successor, Tim Cook. While Apple … [Read more...]