Stock Investing Gift Cards are a great, easy way to give stock to someone you care about. Gift cards have long been a huge part of holidays, birthdays and other celebratory traditions. They're a quick and easy way to offer someone money while still including a personal touch by purchasing it from their favorite store. But what if gift cards offered more than just the joy of a one time purchase? What if the next gift … [Read more...]
Top 10 Tips for College Planning
College Planning 101 College planning is a necessary part of life for anyone who wants to work within an advanced profession. Careers in fields such as medicine, education, engineering, law and politics typically require workers to have some type of college background. Many companies, firms and government organizations are not asking people to be college educated for no reason. They want competent, knowledgeable and … [Read more...]
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...]
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...]
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...]
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...]
Is the Russian Economy on the Verge of Collapse?
Does under $30 oil hurt the Russian economy? Maybe... The Russian economy in theory at least should always be in pretty good shape, mainly due to the considerable reserves of crude oil and other mineral resources. Russia was less affected than many other national economies by the global depression, which began in 2008. However Russian economy news is full of suggestions that Russia's poor relations with other countries … [Read more...]
There are 3 reasons Social Security Will Never Go Bankrupt
Do you really think Social Security is going bankrupt? Think again - Social Security is here to say... in one for another. They say Social Security could go Bankrupt- But that's not Possible. One of the most illogical scenarios is for Social Security to go bankrupt. Running out of money is not possible for this fund; it can be eliminated or suspended but not penniless. The way Social Security is set up- an immediate … [Read more...]
What is GDP and Why Should It Matter to you?
Have you ever wondered what is GDP? The GDP definition is the monetary value of all the finished goods and services produced within a country within a period usually one year. What might be a better question is what is GDP used for. GDP statistics is useful to a country in indicating the level of the living standard, in comparing the performances of different economies at a given time. GDP is not a comprehensive … [Read more...]