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importance of time value of money concept

Time Value of Money in Financial Decision Making Leads to Greater Wealth

The Concept of Time Value of Money is Important to Financial Decision Making Because … “A bird in the hand is worth two in the bush” This medieval proverb still holds true today. In modern terms, it’s better to have a certain payoff today than an uncertain one in the future. After all, who knows what the future holds? By understanding the importance of time value of money, you can find out how to hack the TVM concept for your own benefit.

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Fun Ways to Make More Money

8 Fun Ways to Make More Money – In the New Year

Making more money doesn’t need to be a drag. While typically people imagine “make more money” being another way of saying “get a second job, work 80 hours a week, and forget about having any fun,” that isn’t the best way to earn a little extra. As the saying goes, do something you enjoy and you’ll never work a day in your life. While there are many, many ways to make more money quickly (I can think of 26 ways right now!), I’m a big fan of making money off of my talents. Since I know what I’m …

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Uber Review - Is driving for Uber worth it? Get sign up, Uber earning info, + pros + cons

Should I Drive for Uber or Uber Eats? Uber Eats Driver Review

Is Driving For Uber Worth It? Uber Review I’m an Uber fan! I’ve used Uber for several years in San Francisco, Cincinnati and other US cities. I’ve chatted with the drivers and experienced great service. The fees are better than cabs and the drivers accessible. Recently, I’ve relied on Uber Eats for a quick bite, locally and while traveling.  But what about the Uber driver-partner perspective? Is Uber as great as it seems? Are you wondering whether to partner with Uber or Uber Eats?

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tax efficient investing

What to Invest In If I’m In a High Tax Bracket – Tax Efficient Investing

Help, what are the best ways to reduce taxes on investments? Jon Dulin of  Money Smart Guides asks; “What investment strategy should a couple use if they’re in a high tax bracket and want to minimize taxes on their investments?” First off, if you’re interested in this question, congratulations. This is a nice investing problem to have. There are actually three parts to the Tax saving tips for high income earners issue. First, there’s the question of  finding tax-advantaged investments for hig…

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Diversyfund Review

DiversyFund Review – Real Estate Crowdfunding for Everyday Investors

How Does Real Estate Crowdfunding Work? DiversyFund Review DiversyFund is a no-fee real estate crowdfunding platform, operating from San Diego and aiming to democratize investing and bring equal investment opportunities to all. In this DiversyFund review, we share the pros and cons of investing with this crowd funded real estate platform, making it easier for you to decide whether it DiversyFund is a good fit for your investment portfolio.

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investment analyst

4 Investment Analysts and Managers to Watch

A Subjective View of Top Investment Analysts and Investment Managers  “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton Best investment analysts who think outside the box. Indexing is popular, but not the only path to wealth. Active investing approaches may pay off at this stage in the bull market. Whether an active investor is lucky or skillful is only determined after decades of hindsite.

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asset allocation guide

Rebalance Your Asset Allocation Guide and Best Portfolio Rebalancing Strategies

Asset allocation is a cornerstone of creating a diversified investment portfolio. “Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio’s assets according to an individual’s goals, risk tolerance, and investment horizon. The three main asset classes – equities, fixed-income, and cash and equivalents – have different levels of risk and return, so each will behave differently over time,” ~Investopedia.com After you choose your asset allocat…

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Empower Your Investing Review

Empower Your Investing Review – Learn How to Invest From the Champions

Empower Your Investing: Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett  I regularly receive free books to review and unfortunately, can’t study every title that arrives. But Empower Your Investing – Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett by Scott Chapman, is unique. It reads like a biography and offers invaluable investment guidance. The book is scrupulously researched and and delves into the inner workings of three of the gr…

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hsa bank woman review

How a Health Savings Account Leads to Health and Wealth

Why Contribute to a Health Savings Account? A health savings account may be the best kept investing and health-related secret. Yes, you may use your HSA account for medical expenses. However, if used strategically, this account can also grow your wealth—tax free—and/or lower your taxes as you contribute. Plus, an HSA has magnificent investment potential. How do HSA’s Work? To take advantage of the power of an HSA, decide if you’re eligible to open an HSA. Next, learn the contribution limits a…

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can i retire at 60 with 500k beach image

Can I Retire at 60 with $500K?

As millions of baby boomers approach retirement with Generation X-ers not far behind the question of “Can you retire with $500,000?” repeatedly pops up among our readers. Yet, it’s not only those 60-year-olds thinking about retirement, but also, we find middle-aged folks asking if retiring at 55 with 500k is reasonable. This article will delve into these questions: Can you retire with $500,000? How much do I need to retire at 60? How long will $500,000 last in retirement? How to retire foreve…

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